Topic
sebi
Finance Rajesh Exports will not contest Sebi order over alleged revenue inflation
Rajesh Exports chairman Rajesh Mehta has stated that the company will not contest the Securities and Exchange Board of India's (Sebi) interim order alleging revenue inflation of Rs 15.2 lakh crore between FY21 and FY25. The company is fully cooperating with the investigation and has submitted extensive documentation. Mehta emphasized that no adverse regulatory action has been taken against the company, and its Swiss subsidiary Valcambi accounts for the bulk of consolidated revenue.
Business India's Economic Resilience Amid Global Challenges: Sebi Chief
Sebi chief Tuhin Kanta Pandey highlights India's economic resilience amid global geopolitical uncertainties. Despite challenges, India remains one of the fastest-growing major economies, with growth projected at 7.7% for FY26.
Business Rajesh Mehta's Rise and Sebi Scrutiny: A Business Tale
Rajesh Mehta, known for his jewelry brands, faces scrutiny from Sebi, impacting his business ventures. Despite past successes, including a $400 million acquisition, current investigations have stalled new projects.
Regulations & Compliance Mehta Challenges SEBI Order on Inflated Revenue
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Regulations & Compliance Sebi Bans Rajesh Exports' CMD for Irregularities
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Business Rajesh Exports Shares Plummet 5% Amid SEBI Ban on CEO
Rajesh Exports Ltd shares fell 5% after SEBI banned CEO Rajesh Mehta for financial irregularities. The regulator cited misstatements and fund diversion.
Business Prism Secures SEBI Approval for Rs 6,650 Crore IPO
Prism, the parent company of Oyo, has received approval from SEBI for a Rs 6,650 crore IPO, aiming for a $7-$8 billion valuation. The company plans to update its draft papers by July amid market volatility.
Finance Sebi Eases Cash Flow Rules for Road InvITs
Sebi proposes that road InvITs can add maintenance debt back into cash flow calculations, addressing industry concerns over cash distribution. This change could improve cash flow visibility for investors.