The promulgation of this Ordinance would ensure the continuance of the actions already initiated by the Securities and Exchange Board of India
, including framing of regulations; appointment of Recovery Officers; organizing capacity building programmes; and taking action against irregularities and frauds in the securities market.
Mumbai, February 3 (ANI): The Securities and Exchange Board of India
or SEBI confirmed that it would amend its regulations after it was approached by the Government of India appointed board of directors to oversee Satyam Computer Services sought some exemptions from open offer rules.
In accordance with the delisting guidelines prescribed by the Securities and Exchange Board of India
(SEBI), Ingersoll-Rand Company intends to acquire the outstanding shares through a shareholder-led reverse book building process.
Summary: The Supreme Court of India on Tuesday permitted the Securities and Exchange Board of India
to interrogate former chairman of Satyam Computer Services Limited B Ramalinga Raju and his brother.