Holding that the power to transfer investigation must be exercised in exceptional circumstances and not in the absence of cogent justifications, the Supreme Court on Wednesday ruled that it found no ground to transfer the investigation from SEBI to an SIT in the Adani-Hindenburg case. The court said that it is limited in its powers […]
Day: June 7, 2023
Stocks to watch: Adani Enterprises, Rail Vikas Nigam, Raymond, Updater ServicesStocks to watch: Adani Enterprises, Rail Vikas Nigam, Raymond, Updater Services
Stocks in Focus: GIFT Nifty traded flat at 19,443.5, down marginally 0.04%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, the benchmark domestic indices ended in red. The NSE Nifty 50 fell 0.56% to settle at 19,528.75, while the BSE Sensex tumbled 316.31 points to 65,512.10. “Bearish sentiment […]
Sebi imposes Rs 6-cr fine on former DHFL promotersSebi imposes Rs 6-cr fine on former DHFL promoters
The Securities and Exchange Board of India (Sebi) has slapped a Rs 6-crore penalty on erstwhile promoters of DHFL (Dewan Housing Finance) for violating disclosure norms.In an order issued on Wednesday, the capital markets regulator named former promoters of DHFL — Kapil Wadhawan, Dheeraj Wadhawan, Rakesh Wadhawan and Sarang Wadhawan, among others — for violating […]