Sebi penalises 15 entities for manipulating Parichay Investments stock prices, Legal News, ET LegalWorld – Legal Firms

[ad_1] Markets regulator Sebi on Wednesday levied fines totalling Rs 1.15 crore on 15 entities for manipulating the share price of Parichay Investments Ltd (PIL). The regulator imposed fines in the range of Rs 5 lakh to Rs 10 lakh on 15 entities. The order came after the Securities Appellate...

Sebi forms a high-level panel to review corporate takeover rules, Legal News, ET LegalWorld – Legal Firms

[ad_1] India's capital markets regulator has formed a high-level panel to review corporate takeover rules, the first such anticipated overhaul in more than a decade, as Asia's third-biggest economy seeks to establish a contemporary M&A regime that bakes in momentous changes spawned by the Global Financial Crisis and the emergence...