Kairan Quazi, the teenage prodigy who captured global attention as one of the youngest engineers in the world, is taking the next big step in his career. At just 16, he is leaving SpaceX, where he played a key role in the Starlink project, contributing to Elon Musk’s mission to provide global internet connectivity through…
SEBI’s probe against Jane Street uncovered systematic market manipulation aimed at profiting from substantial index options positions. (AI image) US trading powerhouse Jane Street has been allegedly found guilty by India’s market regulator, the Securities and Exchange Board of India (SEBI), of market manipulation. The global trading giant’s massive options profits of Rs 43,289 crore,…
Sebi on Tuesday barred Sanjiv Bhasin, a former director at IIFL Securities, and 11 others from the securities markets for indulging in share manipulation in a case pertaining to providing stock recommendations on media channels and other social media platforms. Additionally, Sebi directed them to disgorge ill-gotten gains of Rs 11.37 crore. In its 149-page…
NEW DELHI: Securities and Exchange Board of India (Sebi) issued directives on Wednesday prohibiting Sumant Kathpalia, former CEO of IndusInd Bank, and four other individuals from participating in securities market activities. The regulatory body has also impounded Rs 19.78 crore from them through an interim directive.The other executives facing restrictions include Arun Khurana, who served…
MUMBAI: Markets regulator Sebi on Friday warned people about the proliferation of securities market-related fraudulent activities using various social media platforms (SMPs). It also asked people to report such activities on its portal, at https://mi.sebi.gov.in/.With the rise in digital platform usage, fraudsters are enticing victims through trading advice disguised as educational content, Sebi said in…
MUMBAI : Markets regulator Sebi on Friday warned people about the proliferation of securities market-related fraudulent activities using various social media platforms (SMPs). It also asked people to report such activities on its portal, at https://mi.sebi.gov.in/.With the rise in digital platform usage, fraudsters are enticing victims through trading advice disguised as educational content, Sebi said…
MUMBAI: Markets regulator Sebi has eased norms for security receipts – issued by asset reconstruction companies (ARCs) to manage bad loans – by allowing smaller finance companies to invest in the financial instruments. Sebi’s outgoing chief Madhabi Puri Buch in a notification on Feb 28, her last day in office, allowed smaller NBFCs and housing…
NEW DELHI: The Securities and Exchange Board of India (Sebi) has imposed a Rs 10 lakh penalty on Axis Securities for breaching stockbroker regulations and other compliance norms. The firm has been directed to pay the fine within 45 days, the regulator stated in its order issued on Friday.In its 82-page order, sebi found that…
NEW DELHI: Brokerage firm ICICI Securities on Friday settled with markets regulator Sebi a case of alleged violation of stock brokers rules as well as other market norms after paying Rs 80.4 lakh towards settlement fee. The order came after ICICI Securities filed a settlement application in August last year, requesting the regulator for the…
Rikhav Securities IPO 88.82 करोड़ रुपये का बुक बिल्ट इश्यू है। यह इश्यू 83.28 लाख शेयरों के ताजा इश्यू का संयोजन है, जिसका कुल मूल्य 71.62 करोड़ रुपये है और 20.00 लाख शेयरों की बिक्री की पेशकश है, जिसका कुल मूल्य 17.20 करोड़ रुपये है। Rikhav Securities IPO, 15 जनवरी, 2025 को सदस्यता के लिए…