Subrata Roy Sahara and three other directors of Sahara Group were questioned by SEBI. Last Wednesday might have been a hard day for Subrata Roy Sahara and his co-directors as they were questioned by the Securities and Exchange Board of India. The questioning was mainly for finding out the real income sources of Sahara Group.
Market regulator SEBI has appealed to the Supreme Court demanding the arrest of Subrata Roy Sahara. Securities & Exchange Board of India is all set to arrest Subrata Roy Sahara. And SEBI has sought the permission of the Supreme Court for arresting the chief of Sahara.
February 18, 2013 – 7:39 pm
SEBI finally attached the assets of two Sahara firms which failed to comply with the Supreme Court order. Earlier in the last year, Sahara firms were fined to repay the amount raised through OFCDs. Two Sahara firms’ failure to comply with the Supreme Court order which asked them to pay off over Rs.24000 Cr to […]
December 9, 2010 – 6:52 pm
Securities and Exchange Board of India, in an order barred Murli Industries Ltd, Ackruti City, Welspun Gujarat Stahl Rohren Ltd and Brushman India and their respective promoters from trading on the stock exchange. These companies were charged of manipulating share prices before the of issue of convertible shares and placement of private institutional investors, have […]
Some things make the Reserve Bank of India (RBI) paranoid. The invasion of foreign money in the Indian property market has always been a familiar theme that rang alarm bells on Mint Street — the central bank’s headquarters. Whenever it sensed an alarm, the regulator moved in to clamp down on such money flows. Even […]
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Posted in Property News
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Also tagged Alarm Bells, Asset Price, Bank Of India, Estate Assets, Foreign Money, Hybrid Instruments, Institutional Investor, Investment Rules, Mint Street, Mortgage Backed Securities, Mutual Fund Schemes, Nris, Price Bubbles, REMF, Reserve Bank Of India, Sebi., Venture Capital Funds
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Seven years after the proposal was first mooted, the Securities and Exchange Board of India (Sebi) came out with its draft guidelines for real estate mutual funds (MFs). This move has brought much joy and relief to the MF industry. Now, the industry is out to convince domestic investors that the move could not have […]
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Posted in Property News
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Also tagged Bse Sensex, Diversification Option, Domestic Investors, Ing Investment Management, Investment, Market Turbulence, Mortgage Backed Securities, Real Estate, Real Estate Investment Trusts, Real Estate Investments, Real Estate Sector, Retail Investors, Same Time Period, Volatile Times
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SEBI has allowed mutual funds to launch real estate mutual fund (REMF) schemes, a move that will encourage investors to participate in and benefit from the real estate boom. Existing MFs can launch the REMF schemes, provided “…they have adequate number of experienced key personnel/directors,” Securities and Exchange Board of India (SEBI) said in a […]
Market regulator Securities and Exchange Board of India (SEBI) said on 11th April it would issue rules on Real Estate Mutual Funds in the next fifteen days, allowing retail investor as well to access the realty market, which has viewed a boom in the last few years. “SEBI is ready with rules on real estate […]
March 14, 2008 – 12:33 am
The SBI Mutual Fund filed the offer document with the Securities and Exchange Board of India (Sebi) for launching a dedicated scheme for the real estate and related sector, on 13th march . The purpose of Magnum Sector Funds Umbrella (MSFU) Real Estate Equity Fund is to offer investors opportunities for long-term growth in capital […]
