Sebi disposes of cases against former NSEL official

Mar 13 2018

Sebi today disposed of two cases of alleged violation of insider trading norms against Shreekant Javalgekar and his wife Asha with regard to the shares of MCX and FTIL.

FTIL case: Sebi disposes of show cause notices against 5 persons

Feb 23 2018

Sebi disposed of show cause notices issued against five individuals in the matter of Financial Technologies, now known as 63 Moons Technologies.

Sebi diposes of show cause notices against 4 ex-MCX officials

Jan 30 2018

Sebi disposed of show cause notices against four former officials of MCX as alleged violation of insider trading rules by them could not be established.

India Week Ahead (Dec 3-9): RBI likely to keep rates unchanged

Dec 04 2017

Indian market lost ground last week. The bears stopped its multi-week run. Highlights for the week ahead:

Sebi to defreeze bank accounts of NSEL, MCX ex-chiefs

Aug 18 2017

Sebi will defreeze the bank accounts of Anjani Sinha and Joseph Massey which were frozen by the regulator in an alleged insider trading case.

Lok Sabha passes bill to amend Companies Law Act on Thursday

Jul 27 2017

Meghwal said that NSEL and PACL scams were a legacy of the previous regime which the current government is trying to address.

Sebi board meet: Slew of reforms on the cards

Jun 20 2017

Sebi's board will meet to discuss the actions taken so far against brokers allegedly involved in the Rs 5,600 cr NSEL scam.

Sebi issues fresh notices to 20 entities in NSEL scam

Feb 21 2017

Markets regulator Sebi has issued fresh notices to at least 20 entities including brokers for allegedly indulging in irregular activities in the Rs 5,600 crore NSEL scam.

Indian Markets


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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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