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Friday
July 2018
2:28 PM IST
News Headlines
IOC adds 7 medal events to 2022 Beijing Winter Games program        Indian outplay New Zealand 4-2 in hockey series opener        Samsung, Xiaomi corner 60 pc share of India's smartphone mkt in Q2: Canalys        Indo-Pacific must be free, open and and inclusive region: Swaraj        Indian man shot dead in Canada, two suspects arrested        Trump says looking forward to 'second meeting' with Putin        Mob-lynching cases: Govt asks WhatsApp for solutions beyond labelling forwards        Unidentified 'intruder' killed at Indo-Pak border: official        Oppn, Govt brace for no-trust vote today; BJP confident of win, Cong says issue not just of numbers        Centre Forcing AgustaWestland Middleman To Frame Sonia Gandhi: Congress        We were clinical, says England captain Eoin Morgan        Growth has been solid, hope Olympiad will demonstrate it: Anand        Govt working on another verison of UDAN, says Sinha        Talks on between India, Singapore for cruise tourism: Gadkari        'Not too late to save Brexit': ex-foreign secretary Johnson        Canada: Trudeau set to reshuffle govt ahead of 2019 election        Woman alleges rape by Delhi-based singer        Opposition parties commit to fight against any amendment in RTI Act        Tharoor blames right-wing activists for attacks, demands PM intervention        Women have constitutional right to enter Sabarimala temple: SC        
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Business News
15 entities settle case with Sebi, pay Rs 5.17 lakh
 
New Delhi, Aug 7 (PTI) Fifteen entities have settled a case related to alleged violation of disclosure norms with markets regulator Sebi after payment of Rs 5.17 lakh as settlement charges.

The entities had filed applications to settle the "proposed adjudication proceedings" related to alleged delay in making disclosure regarding increase in shareholding of one of the promoters -- Bhutoria Investment -- in the shares of RTS Power Corporation as required under Takeover Regulations.

The settlement terms proposed by the entities were considered by Sebi's High Powered Advisory Committee (HPAC), which recommended the case for settlement on payment of Rs 5,17,500 by the 15 entities.

The recommendation of HPAC was also accepted by the panel of whole-time members of Sebi.

The entities are Abhay Transformers, Bhutoria Brothers, Bhutoria Investments, Rajasthan Transformers and Switchgears, Howrah Warehouse (merged with Rajasthan Transformers and Switchgears), Abhay Bhutoria HUF, Rajendra Bhutoria HUF, Hemlata Bhutoria, Rajendra Bhutoria, Sharad Bhutoria, Abhay Bhutoria, Rachna Bhutoria, Sadhna Bhutoria, Bhutoria Transformers and Rectifiers and Ladnum Agricultural Farms.

Last month, the entities paid the settlement amount of Rs 5,17,500 and accordingly, the Securities and Exchange Board of India (Sebi) settled the proceedings.

In an order passed on August 4, the regulator said that if any representation made by the entities in the settlement proceedings is subsequently discovered to be untrue, enforcement actions including commencing of proceedings can be initiated against them.


Samsung, Xiaomi corner 60 pc share of India's smartphone mkt in Q2: Canalys
Indo-Pacific must be free, open and and inclusive region: Swaraj
Govt working on another verison of UDAN, says Sinha
Talks on between India, Singapore for cruise tourism: Gadkari
Govt doubles import duty on over 50 textile products
Walmart partners with Microsoft for cloud solutions
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar
May announces new 2 bn pounds UK-Italian fighter jet project
Mukesh Ambani beats Alibaba's Jack Ma to become richest man in Asia
Rupee up 19 paise against dollar ahead of key macro data release
Sensex rallies 400 pts to hit record high; RIL shares surge 5%
US dollar ends cheaper against rupee
BSNL starts first internet telephony service in India
Silver futures harden by 0.19% on global cues
Passenger vehicle sales rise 38% in June; car sales up 34%
DoT clears Idea-Vodafone merger with conditions
Goyal asks Coal India to ensure supply for power sector
Higher MSP may have inflation, fiscal costs: Report
Modi govt needs to shed 'obsession' with economic growth: Jean Dreze
Will work closely with West Bengal for its progress: Prabhu
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
Indian man shot dead in Canada, two suspects arrested
 Toronto, Jul 19 (PTI) A 27-year-old Indian man was shot dead by four assailants in his home in Canad
Trump says looking forward to 'second meeting' with Putin
'Not too late to save Brexit': ex-foreign secretary Johnson
Canada: Trudeau set to reshuffle govt ahead of 2019 election
NATIONAL NEWS
Mob-lynching cases: Govt asks WhatsApp for solutions beyond labelling forwards
 New Delhi, Jul 19 (PTI) The government today shot off another notice to WhatsApp asking it to come o
Unidentified 'intruder' killed at Indo-Pak border: official
Oppn, Govt brace for no-trust vote today; BJP confident of win, Cong says issue not just of numbers
Woman alleges rape by Delhi-based singer
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