Tag Archives: notice

Manappuram Finance tanks 10% after SEBI notice for insider trading

Shares of Manappuram Financetanked as much as 10 percent intraday on June 7 after SEBI issued a notice to the company alleging insider trading. According to a report in Business Standard, the market regulator issued a show-cause notice to five Asset Management Companies (AMCs) including SBI Fund Management, ING Mutual Fund (now Birla Sunlife), BNP Paribas, Ambit Capital and Manappuram on charges of using price-sensitive information for trading in ... Read More »

SC notice to Centre on plea challenging provisions of Finance Act

NEW DELHI: Opposing the Finance Act, 2017, which had curtailed the powers of the National Green Tribunal (NGT), an NGO has approached the Supreme Court, which Friday issued notice to the Ministry of Finance and Ministry of Law and Justice. A bench of chief justice J S Khehar and justice D Y Chandrachud issued notice to the centre on the ... Read More »

Madras HC issues notice to state govt. regarding extending scholarship to BC/MBC students of private colleges

The Madras High Court has issued notice to the state government on a petition seeking to extend the scholarship facility to Backward Class (BC) and Most Backward Class (MBC) students studying in private self-financing colleges. Why was the notice issued? Justice M Sathyanarayanan ordered the notice on a petition filed by a student S Sowmya, but then, adjourned the matter ... Read More »