One of the email complaints sent to the Securities and Exchange Board of India (Sebi) in 2024 has ignited serious concerns for Rajesh Exports Limited (REL), one of India's largest gold companies, regarding alleged financial discrepancies totalling approximately Rs 15.15 lakh crore.
Rajesh Exports Ltd informed the BSE on Thursday that the order passed by the Securities & Exchange Board of India (SEBI) is an interim order, not a final one, following SEBI's allegation that the company appears to have prima facie overstated its revenues.
Capital markets regulator Securities and Exchange Board of India (SEBI) has found that a Bank of America (BofA) unit improperly shared material non‑public information about a $180 million block sale and misled investigators, a report has claimed.
The recently concluded Confederation of Indian Industries (CII) Financing Summit 2025, attended inter-alia, by V Anantha Nageswaran, Chief Economic Advisor (CEA) and SEBI chief Tuhin Kanta Pandey, made headlines because of some plain-speaking by the CEA, who observed: “India’s equity markets have grown impressively, but Initial Public Offerings (IPOs) have increasingly become exit vehicles for early investors, rather than mechanisms for raising long-term capital.”
The Securities and Exchange Board of India (SEBI) has issued a public caution against investing in so-called "Digital Gold" or "E-Gold" products being offered on various online and digital platforms.
He will take appropriate next steps based on legal advice, according to his spokesperson on Sunday.
The markets regulator barred Anil Ambani and 24 other entities from the capital markets for the diversion of funds from Reliance Home Finance Ltd. RHFL was barred for six months only.
The move comes as a result of their involvement in the misdirection of company funds.
Congress Madhya Pradesh in-charge general secretary Bhanwar Jitendra Singh, MP Congress Chief Jitu Patwari, MP Assembly leader of opposition Umang Singhar and other leaders led the protest from the MP Nagar area and marched towards the office of the Enforcement Directorate (ED).
Last week, the US-based short seller alleged that "Buch and her husband Dhaval Buch had stakes in obscure offshore entities used in the Adani money siphoning scandal." The couple has dismissed the Hindenburg report.
