The ‘Ammakkoru Koottu’ (Companion for mother) project that has been introduced at SAT Hospital on an experimental basis is a success, Minister for Health Veena George has said. This is the first time that a woman relative of a patient is being allowed even in the labour room at SAT Hospital. This is a relief … Read more
The Securities Appellate Tribunal (SAT) has quashed SEBI’s order against the National Stock Exchange (NSE), its former chief executive Chitra Ramkrishna and others in the dark fibre case. The tribunal has set aside the total penalty of Rs 7 crore imposed by Sebi on NSE and has reduced the penalty on Ramkrishna from Rs 5 … Read more
Mumbai: The Securities Appellate Tribunal has set aside a Securities and Exchange Board of India’s (Sebi) order barring former NDTV promoters Prannoy Roy and Radhika Roy from the capital markets for a period of two years for alleged insider trading. “The impugned order passed by the WTM dated November 27, 2020, against Prannoy Roy and … Read more
Mumbai: The Securities Appellate Tribunal (SAT) on Tuesday stayed the Securities Exchange Board of India’s June 19 order prohibiting IIFL Securities from onboarding new clients for two years for alleged regulatory violations that pertain to segregation of clients’ funds. Following the SAT stay, IIFL Securities shares surged 3.9% on Tuesday. The regulator, in its order, … Read more
MUMBAI – In an interim relief to IIFL Securities, the Securities Appellate Tribunal (SAT) on Tuesday stayed the order passed by the Securities and Exchange Board of India (Sebi) against the brokerage, barring it from onboarding any new clients for two years. The stay order bolstered the shares, which surged more than 6% to the … Read more
(This story originally appeared in on Sep 03, 2021) MUMBAI: PNB Housing has informed the stock exchanges that markets regulator Sebi has approached the Supreme Court against a split order by the Securities Appellate Tribunal (SAT). Sebi is pushing the housing finance firm to relook at a deal to sell a Rs 4,000-crore stake to … Read more