Cis

Customer information sheet revised? | Understand your insurance policy better

Whenever we plan to buy insurance, the most common problem we face is going through all the documents to find the crucial details. On top of that, the complex terms and the vast list of conditions make it even more daunting for us. But you won’t have to do all the struggle anymore, as you will now get a revised CIS. Watch this video to know more

SEBI notifies rules to strengthen regulatory framework for CIS

Currently, CIS rules do not mandate minimum number of investors, maximum holding of a single investor or minimum subscription amount.

Writing history: 30 years on, a former Moscow correspondent reflects on the end of the USSR

In December 1991, then Russian president Boris Yeltsin, along with the leaders of Ukraine and Belarus, signed the agreement that created the Commonwealth of Independent States. It was the end for the USSR.

Sebi slaps Rs 1 cr fine on Green Ray International, promoters and directors

In February 2014, Green Ray International and its four promoters and directors, including Mir Sahiruddin, Mir Tahiruddin, Ayub Saha and Khalik Saha, were directed by Sebi to wind up the existing CIS and refund the money collected by the company under the schemes with returns which were due to the investors within a period of three months.

CIS: Sebi asks V3 Infrastructure to refund investors' money

The regulator has also barred the four entities from the capital market "till the directions for refund/repayment to investors are complied with... and for a further period of four years from the date of completion of the refund".

SC asks SEBI, Centre to give status of 1538 ponzi cases

Supreme Court today sought to know from the Centre and Securities and Exchange Board of India (SEBI) about the status of 1538 cases of banned Ponzi schemes which have been referred to other agencies for investigations.

Sebi asks Swar group firms to refund investors' money

It was alleged that the companies had launched and operated collective investment schemes (CIS) without obtaining registration from Sebi.

Sebi clamps down on 40 illicit fund-pooling schemes

Since the beginning of the year, Sebi has taken action against 43 companies, according to an analysis of data available with Securities and Exchange Board of India (Sebi).

S&P warns of more sovereign downgrades than upgrades in 2016

For the past three years, the international rating outfit has been maintaining a BBB- rating on India with a stable outlook.

Is Pearl Agro another Sahara scam in the making, asks SC

Sebi has said the plea against order of refund is still pending before the SC and there hasn't been any action by the company despite the order being upheld by the Securities Appellate Tribunal (SAT).

SAT upholds Sebi's order on Osian's CIS

The Securities and Exchange Board of India (Sebi), in April 2013, had ordered Osian's-Connoisseurs of Art Private Ltd, to wind up its CIS and refund the investors' money with 10 per cent interest within three months.

Kalpataru Power Transmission gets Rs 880-cr job orders

The company secured five transmission line projects together valued at Rs 465 crore in Tanzania, Ukraine, Thailand, Tajikistan and Ethiopia, the company said in a BSE filing.

Sebi refuses to lift ban on Citrus in 'holiday plan' scheme

Securities and Exchange Board of India (Sebi) through an interim order in June this year had restrained the firm and its directors for mobilising money from investors through unauthorised CIS activities.

Sebi proposes joint task force for illicit money pooling

To check the menace of illicit money-pooling activities of small unlisted companies, Sebi has proposed a joint task force of financial regulators and intelligence agencies to bring them under regulatory ambit.

BHEL inks three strategic pacts in Kazakhstan

State-run power equipment maker BHEL has signed three agreements with Kazakh companies during Prime Minister Narendra Modi's recent visit to the country.

Turmoil in Ukraine to impact Indian exports: EEPC

The commerce ministry along with different chambers has planned to organise 14 India shows in the next 14 months in key countries of CIS to regain significant trade ground in the former member states of the erstwhile USSR.

Sebi orders a/c attachment to recover Rs 1520cr from CIS co

Sebi has asked eight banks, including both public and private sector entities, to attach at least 51 accounts held by MPS Greenery with them, as also other accounts that the defaulter entity may have with those banks.

Getting business visas to CIS countries to be easier

Getting a business visa to visit countries like Russia would be easier with the government working out an arrangement with its CIS counterparts wherein a recommendation from one of the apex chambers would speed up the grant of visa.

Buy Copper on decline: Nirmal Bang

Nirmal Bang has come out with its fundamental outlook on base metals. According to the research firm, a further rise in the prices of metals is expected on account of positive import numbers from china. Copper in particular can be bought at dips, says Nirmal Bang.