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SEBI: India should separate the roles of Chairperson and Managing Director
The Securities and Exchange Board of India recently announced that it will not extend the deadline to separate the posts of Managing Director and Chairperson. In April 1, 2020, SEBI asked the Indian companies to separate the roles of chairperson ..
Month: Current Affairs - April, 2021
Reliance Industries Fined
The Securities and Exchange Board of India (SEBI) recently fined the Reliance Industries Limited and its Managing Director Mukesh Ambani. SEBI also fined two other entities. The fine was imposed for carrying out manipulative trade in Reliance Petroleum Limited. What ..
Month: Current Affairs - January, 2021
Union Cabinet: Capital Infusion of Rs 6,000 crores into NIIF approved
On November 25, 2020, the Union Cabinet approved Rs 6,000 crores of capital infusion into the National Infrastructure Investment Fund. This is a part of the Atma Nirbhar Bharat Abhiyan. The move will leverage to create financial pipeline of Rs ..
Month: Current Affairs - November, 2020
IFSCA approves draft banking regulations at IFSC
International Financial Services Centres Authority (IFSCA) conducted a meeting on November 11 in New Delhi. The IFSC Authority approved the International Financial Services Centres Authority (Banking) Regulations, 2020 in the meeting. The draft banking regulations approved at the meeting opens ..
Month: Current Affairs - November, 2020
SEBI Chairman’s tenure extended till 2022
The government has extended the term of Ajay Tyagi as the Chairman of the Securities and Exchange Board of India (SEBI) by a period of 18 months till February 2022. The tenure of the present chairman was to end on ..
Month: Current Affairs - August, 2020
SEBI Constitutes Committee for Financial and Regulatory Technology
The securities market regulator, Securities and Exchange Board of India (SEBI) has formed a high-level committee in order to recommend required changes in the financial and regulatory technology in India. It is going to examine the aspects of technology and ..
Month: Current Affairs - July, 2020