Sebi cites Karvy's illegal transfer of client money



After considering the facts and circumstances of the case including enormity of the prima facie violations observed against Karvy, Sebi in an order passed late night Friday said it would not be prudent to allow the use of PoA by Karvy given to it by its clients.



Source link

Sebi chief Ajay Tyagi may get two-year extension



In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.



Source link

Why retail investors prefer FDs over T-bills, g-secs



Stockbrokers say that lack of a secondary market is the biggest reason why retail investors have stayed away from these instruments, reports Tinesh Bhasin.



Source link

Will Ravneet Gill manage to 'save' Yes Bank?



Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from “influencers” and is in the process of building a new team.



Source link

Should you invest in quant funds?



‘Investors need to understand that these schemes may not do well in the market that is in a bull run, but quality stocks would protect the downside.’



Source link

Is there a possibility of next rate cut?



Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.



Source link

Sebi bars NSE from accessing securities mkt for 6 mths



Moreover, Ravi Narain and Chitra Ramkrishna — who had served as MD and CEO of the exchange — have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.



Source link