Posts in category All News
Will Amtek Auto meet redemption dateline? (18-09-2015)
Ranvir’s Portfolio (18-09-2015)
Hi Varun.....Im posting my entry prices so as to put things in better perspective....
STOCK AVG ENTRY LEVEL
YES BANK 490
KVB 460
EMAMI 600
MARICO 290
JYOTHY LABS 220
TORRENT PHARMA 870
JB CHEMICALS 225
IPCA LABS 700
JAGRAN PRAKSHAN 135
GCPL 1200
BAJAJ FIN 2980
Disclosure-
Have been continiously increasing my exposure to non banking stocks so as to bring down
my banking exposure. Currently on my radar are- DEEPAK FERTILIZERS AND CHEMICALS
HINDUSTAN MEDIA VENTURES
GCPL( although expensive)
GODREJ INDUSTRIES
Company news (18-09-2015)
Broker’s call (18-09-2015)
See limited capital inflows into EMs, India: Gunit Chadha (18-09-2015)
![See limited capital inflows into EMs, India: Gunit Chadha See limited capital inflows into EMs, India: Gunit Chadha](http://www.moneycontrol.com/news_image_files/2015/g/gunit_chadha_deutsche_bank_200.jpg)
speciality paper (18-09-2015)
SEBI notifies norms to dilute its chairman power on search operations (18-09-2015)
![SEBI](http://images.financialexpress.com/2015/04/Sebi-big.jpg)
Markets regulator Sebi has notified new norms that will dilute its chairman’s powers on conduct of search and seizure of defaulters’ properties, with permission for such operations being required from a special court. (PTI)
Markets regulator Sebi has notified new norms that will dilute its chairman’s powers on conduct of search and seizure of defaulters’ properties, with permission for such operations being required from a special court.
Under the new norms, Sebi will have to seek permission from special courts to conduct search and seizure operations, as against earlier regulations that had provided the capital markets regulator chief to directly authorise such actions.
These regulations would be called the Securities and Exchange Board of India (Procedure for Search and Seizure) Repeal Regulations, 2015.
The move comes following demands that the greater powers need to be balanced with necessary safeguards.
Sebi Chairman was earlier authorised to conduct search and seizure operations against suspected entities, but the new notification provides that permission for such actions would need to be obtained from a Magistrate or Judge of a designated court.
Earlier in August last year, the government had notified a new law empowering the capital market regulator to pass orders for attachment of properties, arrest of defaulters and to access call data records.
The Securities Laws Amendment Act which had come into force through a gazette notification dated August 2014, is part of the government and regulator’s efforts to tighten the noose around fraudsters in the wake of several cases of illicit money-pooling activities including ponzi operators in various parts of the country.