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FORMER IL&FS VICE-CHAIRMAN HARI SANKARAN ARRESTED

New Delhi, April 2 -- The Serious Fraud and Investigation Office (SFIO) on Monday arrested Hari Sankaran, the former vice-chairman of the Infrastructure Leasing and Financial Services Ltd (IL&FS), for... Read More


ED raids homes, offices linked to Kochhar, Videocon's Dhoot

MUMBAI, March 2 -- The Enforcement Directorate (ED) on Friday carried out searches on homes and offices linked to Chanda Kochhar, the former chief executive officer (CEO) of ICICI Bank, her husband De... Read More


Cloud over Etihad plan for Jet as Sebi tightens rules

MUMBAI, March 2 -- The Securities and Exchange Board of India (Sebi) on Friday tightened the takeover code and Issue of Capital and Disclosure Requirements (ICDR) for exemption from open offers, a dec... Read More


MFs reduce exposure to promoters' shares

MUMBAI, March 1 -- The Securities and Exchange Board of India (Sebi) may tighten disclosure norms for asset management companies (AMCs) to curb lending to company promoters against pledged shares, two... Read More


Brokers write to Sebi, oppose higher margin framework

New Delhi, Jan. 21 -- The proposed hike in margin requirements for equity derivatives will hurt the very same market, brokers said, adding margin framework should be linked to risk, not exposure or op... Read More