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New Delhi [India], April 3 (ANI): Participating in the discussion on the Amaravati Bill in Parliament, YSR Congress Party MP Y.V. Subba Reddy strongly opposed the bill in its present form on Thursday, calling it an insult to the people of Andhra Pradesh and questioning its intent, legality, and impact on farmers and the state's finances. He asked how justice would be delivered to 29,000 farmers who gave 34,000 acres under land pooling, pointing out that there is still no clarity on when develop ...Read More >

New Delhi [India], April 3 (ANI): YSR Congress Party Lok Sabha floor leader P.V. Midhun Reddy launched a scathing attack on the Chandrababu Naidu government in Lok Sabha on Thursday, alleging that Amaravati has been reduced to a massive real estate scam driven by benamis and backdoor dealings, with public money being looted in the name of capital construction. Participating in the debate on the AP Reorganisation (Amendment) Bill - 2026, he said, "Amaravati is not being built as a people's capit ...Read More >

Amaravati/New Delhi, Apr 2 (PTI) Andhra Pradesh IT Minister and TDP national general secretary Nara Lokesh on Thursday called on Prime Minister Narendra Modi to thank him for the central government's role in securing legal status for Amaravati as the state's sole and permanent capital. Lokesh expressed his heartfelt gratitude to the prime minister for his leadership and commitment in ensuring the passage of the Andhra Pradesh Reorganisation (Amendment) Bill, 2026. "On behalf of the people of A ...Read More >

KNR Constructions wins Rs 1,734 crore NHAI road project in Telangana amid profit slump. Track the stock performance today! KNR Constructions shares will remain in focus in today's trade, March 30, after the firm secured a letter of award (LoA) from the National Highways Authority of India (NHAI) for a hybrid annuity mode project worth Rs 1,734 crore in Telangana. KNR Constructions: NHAI order details The firm stated that the project involves the development of a four-lane road along NH-167 fr ...Read More >
Mumbai: The Securities and Exchange Board of India (Sebi) has alleged that Pranav Adani had shared price-sensitive information about Adani Group's open offer to acquire shares of NDTV (New Delhi Television) with his brothers-in-law, violating insider trading norms, showed a document reviewed by ET. The allegations pertain to August 2022, when the broadcaster was being taken over by the Adani Group. Pranav Adani is a director of Adani Enterprises. Sebi has served show cause notices to Pranav Ad ...Read More >

New Delhi: Markets regulator Sebi on Wednesday barred eight entities from the securities markets and impounded illegal gains of Rs 173.14 crore made by them through insider trading in the shares of Indian Energy Exchange Ltd (IEX)."I am of the prima facie opinion that the noticees (eight entities) had access to the UPSI pertaining to the CERC order, and based on the trading pattern of the noticees, an irresistible inference can be drawn that their trades, being insiders, were influenced by the p ...Read More >

Mumbai (Maharashtra) [India], October 16 (ANI): The Securities and Exchange Board of India (SEBI) has, in an interim order dated October 15, directed several entities involved in insider trading in the scrip of Indian Energy Exchange Ltd. (IEX) to deposit a total of Rs 173.14 crore. SEBI has also directed the impounding of illegal gains and instructed that fixed deposit accounts be opened in their names to deposit the impounded amount. It stated "all noticees are directed to open fixed deposit ...Read More >
NEW DELHI: Employees' Provident Fund Organisation's (EPFO) move to allow withdrawals of up to 75% of the corpus will make life easier for its over 7 crore subscribers, while the norms around 25% balance are meant to ensure a healthy kitty, without imposing any restrictions on pension or PF payment at the time of retirement, a top official said. "The idea is to empower members and repose trust. The changes are meant to pave the way for automated settlement of claims," Central Provident Fund commi ...Read More >

MUMBAI/NEW DELHI, Oct 15 (Reuters) - India's market regulator late on Wednesday issued an order against two officials of the country's federal power regulator alleging they traded on price-sensitive information in shares and derivatives of Indian Energy Exchange (IIAN.NS), opens new tab (IEX). The Securities and Exchange Board of India (SEBI) said two officials at the Central Electricity Regulatory Commission (CERC), along with related persons, traded in IEX derivatives and shares ahead of a po ...Read More >

New Delhi, Jul 7 (PTI) Markets regulator Sebi on Monday proposed allowing asset management companies (AMCs) or their subsidiaries to offer additional services related to fund management, such as acting as Points of Presence (POP) for pension schemes and serving as global distributors for the funds they manage or advise. Presently, AMCs and their subsidiaries are only allowed to provide services which are in the nature of management and advisory of pooled funds. On Points of Presence (POP) for ...Read More >
New Delhi: Eight men, including a data analyst, were arrested for allegedly abducting and robbing an insurance agent in east Delhi's Laxmi Nagar after impersonating police officers. Four men forcibly entered the victim's office, confiscated his devices, then abducted, assaulted, and extorted Rs 1.5 lakh from him, threatening to implicate him in a fabricated insurance fraud case.The incident occurred on June 26, when the accused, posing as officers from the Delhi Police's Special Staff Unit, stor ...Read More >

MUMBAI: The troubled IndusInd Bank, which has been headless since late April when the scam-tainted chief executive Sumant Kathpalia and his deputy Arun Khurana resigned owning moral responsibility for the massive losses in its forex derivatives trading book, has reportedly shortlisted three names--Rajiv Anand of Axis Bank, Anup Saha of Bajaj Finance, and Rahul Shukla of HDFC Bank--to man the top deck. While Rajiv Anand is currently the deputy managing director of Axis Bank, Anup Saha is the man ...Read More >
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday issued a corrigendum to its 28 May order in the alleged insider trading case involving IndusInd Bank, clarifying that the words "board note" should be read as an "engagement note signed by the chief financial officer and noticee numbers one and two." "Noticee numbers one and two" are former deputy chief executive Arun Khurana and former chief executive officer (CEO) Sumant Kathpalia. Also read: RBI governor Malho ...Read More >

Mumbai (Maharashtra) [India], June 6 (ANI): Financial markets regulator SEBI has asked banks and mutual funds to attach the bank accounts and shares and mutual fund holdings of fugitive Mehul Choksi to recover Rs 2.10 crore dues for violating insider trading rules linked to shares of Gitanjali Gems. The dues of Rs 2.1 crore include Rs 1.5 crore penalty, Rs 60 lakh as interest (February 2022 to May 2025 at 1 per cent per month) and Rs 1,000 as recovery cost. On May 15, 2025, SEBI sent Mehul Cho ...Read More >

Mumbai (Maharashtra) [India], June 6 (ANI): Financial markets regulator SEBI has asked banks and mutual funds to attach the bank accounts and shares and mutual fund holdings of fugitive Mehul Choksi to recover Rs 2.10 crore dues for violating insider trading rules linked to shares of Gitanjali Gems. The dues of Rs 2.1 crore include Rs 1.5 crore penalty, Rs 60 lakh as interest (February 2022 to May 2025 at 1 per cent per month) and Rs 1,000 as recovery cost. On May 15, 2025, SEBI sent Mehul Cho ...Read More >

Mumbai (Maharashtra) [India], June 6 (ANI): Financial markets regulator SEBI has asked banks and mutual funds to attach the bank accounts and shares and mutual fund holdings of fugitive Mehul Choksi to recover Rs 2.10 crore dues for violating insider trading rules linked to shares of Gitanjali Gems. The dues of Rs 2.1 crore include Rs 1.5 crore penalty, Rs 60 lakh as interest (February 2022 to May 2025 at 1 per cent per month) and Rs 1,000 as recovery cost. Also Read | Bhagyashree's Husband Hi ...Read More >

Mumbai, June 6 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi's bank accounts, mutual funds, and shares in an effort to recover Rs 2.1 crore. The amount is related to a penalty imposed on him for violating insider trading rules in the shares of Gitanjali Gems. Choksi, who was the Chairman and Managing Director of Gitanjali Gems, is accused of sharing unpublished price-sensitive information (UPSI) with an asso ...Read More >

Mumbai: The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi's bank accounts, mutual funds, and shares in an effort to recover Rs 2.1 crore. The amount is related to a penalty imposed on him for violating insider trading rules in the shares of Gitanjali Gems. Choksi, who was the Chairman and Managing Director of Gitanjali Gems, is accused of sharing unpublished price-sensitive information (UPSI) with an associate, Rakesh Girdharlal ...Read More >
Dibrugarh: Three YouTubers were arrested in Dhemaji on Thursday for the brutal killing of wild birds and uploading graphic footage of their acts on their YouTube channel 'Jakrub'. The accused have been identified as Munindra Mushahary, Maheshwar Swargiary and Shiviram Swargiary.The trio reportedly hunted birds and destroyed nests at the Pitoni region of Hastinapur and Kardoiguri villages, an ecologically sensitive area. They used slingshots to kill birds and collected hundreds of eggs from their ...Read More >
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New Delhi: The ongoing clash between Elon Musk and Donald Trump has taken a dark and explosive turn. On June 6, the Tesla CEO sent shockwaves across social media by accusing the US president of hiding crucial Jeffrey Epstein files because Trump's name allegedly appears in them. In a post on X (formerly Twitter) that is already stirring up huge debate, Musk wrote, "Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. ...Read More >

New Delhi, May 22 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta Pandey said here on Thursday. He said that while the Reserve Bank of India (RBI) is looking into the accounting discrepancies, SEBI is also doing its part as per its authority. While addressing the media on the sidelines of Assocham's '1 ...Read More >
New Delhi, Jan 31 (PTI) Markets regulator Sebi on Friday barred two individuals from the securities market for one year and impounded illegal gains of over Rs 2.60 crore made by them from indulging in insider trading in the scrip of Infosys. Those restrained by Sebi are, Keyur Maniar, who was the alleged insider trader, and Ramit Chaudhri, a former employee of Infosys, according to an order passed by capital markets regulator Sebi. Also Read | 8th Pay Commission: Nirmala Sitharaman To Announce ...Read More >
New Delhi, Jan 31 (PTI) Markets regulator Sebi on Friday barred two individuals from the securities market for one year and impounded illegal gains of over Rs 2.60 crore made by them from indulging in insider trading in the scrip of Infosys. Those restrained by Sebi are, Keyur Maniar, who was the alleged insider trader, and Ramit Chaudhri, a former employee of Infosys, according to an order passed by capital markets regulator Sebi. Apart from securities market ban, the regulator also slapped a ...Read More >
MUMBAI: The capital markets regulator Sebi has issued an administrative warning to HDFC Bank for alleged non-compliance with certain rules regarding its merchant banking subsidiary after the watchdog has found after an internal inspection. In a regulatory filing on Thursday, the second-largest lender said, "The administrative warning letter was issued in relation to observations made during the course of its periodic inspection of investment banking activities undertaken by the bank." The bank ...Read More >
Rachel Ruggeri, the Executive Vice President and Chief Financial Officer of Starbucks Corp (NASDAQ:SBUX), recently sold 1,452 shares of the company's common stock. The transaction, executed on November 15, 2024, was conducted at an average price of $99.07 per share, amounting to a total sale value of approximately $143,849. This sale was carried out as part of a pre-established Rule 10b5-1 trading plan, which Ruggeri adopted on November 28, 2023. Such plans allow company insiders to set up a pr ...Read More >
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