Markets watchdog Sebi has imposed a fine of Rs 2 lakh on Siddarth Businesses Ltd, currently known as Shivamshree Businesses Ltd, for submitting incorrect and misleading documents with respect to pre-clearance of trades. During an investigation, through summons dated January 17, 2018, Siddarth Business (noticee) was
Wed, Aug 12, 2020 – 9:22 AM PROPERTY developer GuocoLand has appointed Sim Chee Wah as its new group chief financial officer (CFO), effective Tuesday. He will be responsible for all financial matters of GuocoLand, including financial reporting, taxation, risk management and treasury functions, the group disclosed in a regulatory
Tue, Aug 11, 2020 – 10:00 AM UPDATED Tue, Aug 11, 2020 – 10:05 AM SINGAPORE shares opened slightly stronger on Tuesday, despite second-quarter gross domestic product plunging 13.2 per cent in its worst quarter on record. Meanwhile, forecasts for trade growth have been adjusted for the third time in
In a massive crackdown against front-runners, market regulator Securities and Exchange Board of India (Sebi) imposed a stock market ban on more than two dozen individuals. Sebi also ordered impounding of their bank accounts to an extent of the alleged illicit gains made by these individuals.
THE Straits Times Index (STI) fell 13.59 points or 0.53 per cent to 2,545.51 on Friday as US president Donald Trump’s growing attack on the Chinese tech sector sent Asian stock indices lower. Punters continued to hope for a US stimulus package to keep the global economic recovery on track….
The National Stock Exchange (NSE) has so far set aside over Rs 4,000 crore of revenues from its co-location operations, following directions from the Securities and Exchange Board of India (Sebi), which has been investigating NSE’s co-location operations for lapses. Disclosures by NSE shows that as
Fri, Aug 07, 2020 – 10:55 PM OFFSHORE and marine firm KS Energy is standing by the suitability of Indonesian tycoon Kris Wiluan to remain its executive chairman and chief executive officer, even as he faces 112 charges of alleged false trading and market rigging of his company’s shares. In