SEBI is the regulator for the stock exchanges. This co has allegedly committed fraud in its business transactions, in another country. How does SEBI come into the picture? The shares were trading and continue to trade on the Indian exchanges. Promoters hold almost 3/4th majority of the shares
10.44 PM Aug 30th
of the alleged fraud, the by-laws of NSEL are not binding. On the other hand, they say that the exchange is liable because it was the %u2018counterparty%u2019 under its by-laws. The latest being that NSEL was running a %u2018collective investment scheme%u2019 as defined by Sebi. It is, however, important
8.46 PM Aug 30th
Markets regulator Sebi today cautioned investors against participating in unauthorised prize money schemes and competitions linked to stock markets as also against the digital fund-raising platforms operating on the lines of stock exchanges without regulatory approval.
8.22 PM Aug 30th
Reliance Power should return the Public Issue money which they raised thru public issue in 2008 , Had we invested in Government Post office the money would have doubled. Sebi needs to investigate and ensure that since the company is incapable to generate power they should refund the money
6.26 PM Aug 30th
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