9 members of panel for green nod to coal projects skipped key meeting

New Delhi, June 25 -- Only four out of the 13 members of a committee that grants environmental clearances to coal mining projects were present at the panel's 45th meeting in Delhi on May 27, according... Read More

Sebi board plans to tighten rules for pledged shares by promoters

New Delhi, June 24 -- When the Securities and Exchange Board of India (Sebi) board meets on Thursday, it will address issues around shares encumbered by promoters and the mutual fund industry's exposu... Read More

63 Moons files complaint against DPIIT secretary

New Delhi, June 24 -- Mumbai-based 63 Moons Technologies Ltd has filed a complaint with the Central Vigilance Commission (CVC) against Ramesh Abhishek, the secretary of the Department for Promotion of... Read More

Sebi board to tighten rules on share pledging

New Delhi, June 24 -- The Securities and Exchange Board of India (Sebi) when it meets on Thursday will tackle the issues around encumbered promoters shares and mutual fund industry's exposure to these... Read More


Mumbai, June 21 -- Non-banking financial companies (NBFCs) have been in the news since September last year for all the wrong reasons. From defaults to rating downgrades, fears of potential collapse to... Read More

Sebi changes default position of rating firms

Mumbai, June 21 -- The markets regulator on Thursday, 13 June directed credit rating companies to start disclosing the probability of default for the issuers they rate, troubled by the raters' track r... Read More

Overhang of probes to cast a shadow over Jet insolvency case

New Delhi, June 21 -- Multiple investigations and parallel bankruptcy filings by operational creditors will cast a shadow over the insolvency proceedings of Jet Airways (India) Ltd that its lenders ha... Read More

'We should stop being Big 4 obsessed, audit quality is not just their purview'

New Delhi, June 20 -- At a time when the Big 4 audit firms are facing the heat from regulators in India staring at a potential ban, there has been a rise in demand for second-tier auditors. One of the... Read More

SAT fines Sebi Rs50,000 for 2017 order

Mumbai, June 20 -- Markets regulators routinely impose penalties on the regulated, but it's rare when a regulator finds itself at the receiving end. In one such case, the Securities Appellate Tribuna... Read More

IL&FS auditors BSR, Deloitte facing probe heat from six agencies

Mumbai, June 20 -- Under scrutiny for alleged financial discrepancies at Infrastructure Leasing and Financial Services Ltd (IL&FS), auditors Deloitte Haskins and Sells, and BSR and Co. are being probe... Read More