SEBI will take action in a phased manner against more than 14,700 entities for “non-genuine trades” through illiquid stock option segment. Adjudication proceedings have been initiated against 567 entities involved in such trades in the first phase, according to a SEBI order yesterday. The markets regulator came across violations by 14,720 entities while it was … Continue reading SEBI to take action against 14,720 entities for ‘non-genuine trades’
AMN Five MPs of YSR Congress Party today resigned from Lok Sabha. They submitted their resignations to Speaker Sumitra Mahanjan in protest against the denial of Special Category status to Andhra Pradesh. The MPs are Dr. Vara Prasadarao, Y B Subba Reddy, Midhun Reddy, YS Avinash Reddy and Mekhapati Rajamohan Reddy.
Telecom Regulatory Authority of India (TRAI) today mooted an ambitious model of a public Wi-Fi grid that aims to slash Internet access cost by 90 per cent, and push broadband proliferation in India. TRAI Chairman RS Sharma told reporters that the regulator’s concept involves Public Data Office Providers (PDOs) – much like PCOs of yesteryears … Continue reading TRAI moots public Wi-Fi access grid
Our Correspondent / New Delhi Visiting Nepalese Prime Minister KP Sharma Oli on Friday evening called on Prime Minister Narendra Modi at his official residence at Lok Kalyan Marg here. Mr. Oli and Mr. Modi will hold delegations level talks at Hyderabad House on Saturday. Earlier in the day, Mr. Oli met a delegation of … Continue reading Nepalese PM in India, calls on PM Modi, also meets Congress leaders
AMN United States Friday imposed new sanctions on Russian oligarchs, including President Vladimir Putin’s son-in-law, and several entities accused of supporting and profiting from the Russian government’s efforts to undermine western democracies. The measures announced by the Treasury Department were also aimed at 17 senior Russian government officials. The state-owned Russian weapons trading company, Rosoboronexport, … Continue reading US imposes sanctions on Putin’s oligarch allies