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SBI-SG Global Securities Services on Friday settled a case related to an alleged violation of FPI (foreign portfolio investors) rules and other regulatory norms with Sebi by paying Rs 29.25 lakh towards settlement charges.
SBI-SG Global Securities Services Pvt Ltd (applicant) is a Sebi-registered designated depository participant (DDP).
The order came after SBI-SG Global Securities Services submitted a settlement application, requesting for settlement of the adjudication proceedings under the Sebi's settlement regulations.
"In view of the acceptance and the compliance of the settlement terms by the applicant, the instant adjudication proceedings initiated against the applicant (SBI-SG Global Securities Services) vide show cause notice dated May 08, 2024, is disposed of in terms of the settlement regulations," Sebi's chief general manager and adjudicating officer N Hariharan said in the order.
The Securities and Exchange Board of India (Sebi) had undertaken an inspection of the SBI-

The order came after SBI-SG Global Securities Services submitted a settlement application, requesting for settlement of the adjudication proceedings under the Sebi's settlement regulations

The move aligns with NTPC's efforts to venture into nuclear energy and use it as a clean, dispatchable, and baseload source of energy to support this endeavour

Lava Yuva 2 5G launched. Redmi 14C 5G launching on Jan 6. Samsung Galaxy Ring 2 at Galaxy Unpacked. Circle to Search on Nothing Phone. OnePlus Pad in China

Powered by the MediaTek Dimensity 8350 chip, the newly launched OnePlus Pad is offered with up to 12GB (LPDDR5X) RAM and up to 512GB (UFS 3.1) storage

More than 14,000 police personnel will be deployed across Mumbai to prevent any untoward incidents on New Year's Eve, officials said on Friday.
The police are expecting large gatherings at prominent and popular places, including the Gateway of India, Marine Drive, Girgaum Chowpatty, Juhu beach and Bandstand in suburban Bandra on December 31.  People will also throng places like hotels, restaurants and other such commercial establishments to ring in the New Year.
In view of this, police are gearing up to maintain law and order in the city, they said.
Accordingly, 12,048 police constables, 2,184 officers, 53 Assistant Commissioners of Police (ACPs), 29 Deputy Commissioners of Police (ACPs), and 8 Additional Commissioners of Police-rank officers will be part of the security arrangements, he said.
Besides this, the State Reserve Police Force (SRPF) platoons, Quick Response Team (QRT), Bomb Detection and Disposal Squad (BDDS), Riot Control Police platoon and Home Guards will also be ...

More than 14,000 police personnel will be deployed across Mumbai to prevent any untoward incidents on New Year's Eve, officials said on Friday.

RTI passed to empower citizens to seek information from public authorities, promoting transparency during his tenure as PM

The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals

The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

Google Messages

In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

Budget 2018: If you earn a salary, you must watch this video

Catch complete Union Budget 2018 coverage on: http://www.business-standard.com/budget

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