Numerous innocent small investors have lost money in Pyramid saimira theatre. The main reason being SEBI’s Ban. SEBI is being unfair on Pyramid saimira promoters and investors. Have a look at report by Moneylife. It is a fortnight since our report, and nearly three months since the Securities & Exchange Board of India (SEBI) discovered [...]
Tulsi Extrusions Ltd plans to raise up to Rs 48.5 crore through an initial public offering of shares, starting on February 1, it said on Monday. The maker of PVC pipes based in Jalgaon, Maharashtra, has set a price band of Rs 80-85 a share, and plans to sell 5.7 million shares, it said in [...]
The Securities and Exchange Board of India (Sebi) has asked for data from the National Stock exchange and the Bombay Stock exchange — regarding the transactions on Wednesday and Thursday. The market regulator’s query follows the 1,700 point crash in the market on Wednesday within minutes of opening. Sources close to the development said that [...]
Securities and Exchange Board of India (SEBI) restrained 26 entities, including Shonkh Technologies and Padmini Technologies, from the equity market for a period of five years, for manipulations in the share of Padmini Technologies, reports agency sources. SEBI said that the entities are restrained from accessing the securities market for a period of five years [...]
The Securities and Exchange Board of India (Sebi) today proposed to tighten the rules for purchase of shares and bonds in Indian companies through the participatory note (PN) route. The move is aimed at arresting the surge in foreign inflows through PNs, which are offshore derivative instruments that allow foreign investors to invest indirectly in [...]
