Tag: SEBI

India regulatory chief earned revenue in potential rules violation, documents show

MUMBAI – The head of India’s markets regulator, Madhabi Puri Buch, continued to earn revenue from a consultancy firm during her seven-year tenure, potentially breaching rules for regulatory officials, according to public documents reviewed by Reuters. Hindenburg Research has alleged a conflict of interest in Buch’s investigations surrounding the Adani […]

Sebi, stock exchanges beef up surveillance mechanism before poll results

New Delhi, May 19:  Regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election related events lined up. The heightened surveillance and monitoring systems are already in place for Monday, the […]

SEBI extends trading hours for commodity markets

MUMBAI  – The Securities and Exchange Board of India (SEBI) allowed exchanges to start commodity trading an hour earlier to increase participation of different stakeholders, the market regulator said in a statement on Friday. The commodity markets can open at 9 a.m. local time (0330 GMT), instead of […]

Indian tribunal refuses to lift Price Waterhouse audit ban

open view web desk MUMBAI – The Securities Appellate Tribunal (SAT) said on Friday that Price Waterhouse can continue to service existing clients whose financial year started on Jan. 1 2018, but refused to grant a stay on a two-year audit ban ordered by the market regulator. The […]

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