SEBI imposes penalty of 13 crore rupees on Reliance Industries Limited

The Securities and Exchange Board of India, SEBI has imposed a penalty of 13 crore rupees on Reliance Industries Limited for alleged irregularities in issuance of warrants by the company to its promoters. The case related to 2007 earnings and the company's repeatedly failed to disclose the ...

SEBI proposes stricter norms for trustees managing issuance of securitised debt instruments<br/>

The Securities and Exchange Board of India, SEBI, has proposed stricter norms, including enhanced responsibilities for trustees managing issuance of securitised debt instruments. A concept paper issued by SEBI suggests a standardised term sheet for securitisation of transactions that covers both pub...

SBI says, it is facing a credit discipline issue in Andhra Pradesh and Telangana

SBI seeks an external agency to take over day-to-day management of Bhushan Steel in wake of Syndicate Bank cash for loan scam

SEBI proposes stricter norms for securitisation trustee

SEBI imposes Rs 13 crore fine on RIL for non-disclosure of earnings ratio

In one of its biggest penalties for non-disclosure of a key earnings ratio, the Securities and Exchange Board of India, SEBI today imposed a penalty of Rs. 13 crore on Reliance Industries Limited. The case dates back to April 2007 when alleged irregularities were reported in issuance of 12 crore war...

National rural scheme on PPP model launched<br/>

Rural Development Minister Nitin Gadkari today launched the Shyama Prasad Mukherjee National Rural Mission on PPP model with an allocation of 100 crore rupees. The scheme will be initially available in three districts of the country on pilot basis. The districts are Warangal in Andhra Pradesh and tw...

Cane dues: Centre convenes meet of all stakeholders on 14 Aug

Cane dues: Centre convnes meet of all stakeholders on 14 Aug <br/>

India doubles coal cess to promote clean energy

India has doubled the cess on coal to promote clean energy. Minister of Environment and Forest Prakash Javadekar said that the government&apos;s move is aimed at collecting more funds in the central corpus earmarked for clean energy and cross subsidising solar and other renewable energy sources....