The total amount to be distributed is Rs 18.06 crore, which includes Rs 7.35 crore recovered by Sebi through exercise of its newly-conferred recovery powers.
Posts tagged MC
Sebi to refund disgorged funds to investors (17-12-2015)
US to double H1B, L1 visa fee for Indian firms (17-12-2015)
The money generated from the special fee, expected to be more than a billion USD per annum, would be used to fund a biometric entry and exit tracking system, in addition to funding health screenings and treatments for 9/11 first responders.
ERGO hikes stake in HDFC ERGO; buys 22.9% for Rs 1,122 cr (17-12-2015)
Under the agreement, ERGO will buy 12,33,57,262 shares of HDFC ERGO at a price of Rs 90.97 per share aggregating to Rs 1,122 crore, said a statement in the filing.
Narayana Hrudayalaya IPO subscribed 7% on Day 1 (17-12-2015)
The Rs 613-crore IPO received bids for 12,34,860 shares against the total issue size of 1,71,66,309 shares, data available with NSE till 1700 hours showed.
Android N could be named after Indian sweet: Sundar Pichai (17-12-2015)
Refuting the assumption that Google hires only those with computer science graduates, Pichai said that he was confident that a majority of people of Google don’t have a degree in computer science.
Govt took various steps to boost revenue flow: FinMin (17-12-2015)
Keeping interests of domestic farmers in mind, the government has raised basic Customs duty on sugar to 40 percent from the earlier 15 percent in two instalments, it said in a statement.
BKC, Nariman Point slip in costliest office space ranking (17-12-2015)
London’s West End was the world’s highest-priced office market for the second straight year with overall prime occupancy cost of USD 273 per sq ft per year.
New base rate math: RBI moves toward marginal cost of funds (17-12-2015)
The final norms on marginal costs for banks will be effective from April 1, 2016.
Volkswagen emission scandal: No proof against co in India (17-12-2015)
Sources have informed that there are no substantial grounds for prosecution on the basis of an Automotive Research Association of India (ARAI) report.
Micromax plans to make all phones locally (17-12-2015)
Micromax, which has grown rapidly since 2008 by selling low-cost smartphones, said earlier this month it would invest 3 billion rupees ($45 million) on constructing new factories and would make more phones in India to cut its dependence on Chinese imports.