From the last four years, securities and Exchange board of India SEBI has passed ordered against 59 companies for carrying out CIS activities without obtaining certificate of registration as a collective Investment Management company.
Minister of state for finance Jayant Sinha said, “During the last three years and current year, SEBI has found that 32 companies were opening CIS under the grab of real state without obtaining certificate of registration from SEBI as a collective investment management company.”
To a separate query, Sinha said that SEBI has taken various measures to protect the interest of investors in the securities market. These steps include reviewing the eligibility criteria for both profit making and non-profit making issuer and ensuring that only reasonable credible issuers with adequate disclosures in their offer documents are allowed to access the public issuances route.
Documents leak: Police raid two offices of accused
New Delhi, Feb 21 (IANS) The Delhi Police Crime Branch Saturday raided the offices of two of th
Life on Earth: Much important information received about the sun, life will not be possible on earth
It is a known fact that the source of life on earth is the sun. The light and heat from the sun m
At Rs.246,727 Crore, India's Defence spend hiked 7 Percent
New Delhi, Feb 28 (IANS) At Rs.246,727 crore ($40 billion), India's defence spend was Saturday
50 per cent of the total deaths from corona reach the age of 60
According to government figures, the number of elderly people in Covid-19 deaths in the country i
Oscars 2024: Who showed their talent at the Oscars this year, know who won the award?
The 96th Academy Awards were held at the Dolby Theater in Los Angeles, California. In India, it a
Modi eats lunch at Parliament Canteen
New Delhi, March 2 (IANS) Prime Minister Narendra Modi had lunch at the parliament house canteen
Dhruv Jurail took everyone's heart with his batting in Ranchi. In a difficult situation, Dhruv pr
About 150 teachers from universities of India and abroad have written a letter to Prime Minister
Flipkart sale: huge discounts on Realme's smartphones, these companies are in competition
E-commerce platform Flipkart has started the Realme Days Sale from today. In this sale, which las
How can you claim land after taking compensation: SC asks farmers
New Delhi, Feb 4 (IANS) The Supreme Court Wednesday asked farmers of villages in Noida, Greater