The Securities and Exchange Board of India (Sebi) has sought additional information from Reliance Industries (RIL) on the takeover of Network18 and TV18 Broadcast. The two firms, which are being taken over by RIL through its Independent Media Trust (IMT), control an array of media properties, including leading business and general news channels CNBC TV18 and CNN-IBN.

"Sebi has sought additional information from time to time, which has been provided," RIL told Business Standard in response to an email query seeking comments. "Sebi has not asked for any revision of offer price," the RIL spokesman added.

Karuturi Global, the Bangalore-based publicly-held cereals, vegetables and flower exporter, has said it has applied to ROC-Bangalore (registrar of companies) seeking permission to extend the date of the AGM to a maximum period of three months from early September 2014. This move to delay complying with the listing regulations comes after the company’s subsidiary in Kenya has been in legal tangles with its banker in recent times.

The Securities and Exchange Board of India (Sebi) has saved the government from a certain defeat it would have faced at the hands of minority investors of Oil and Natural Gas Corporation (ONGC) in the matter of subsidy payout to downstream marketing companies.

Two weeks before the deadline for implementation of new corporate-governance norms, corporate India could expect some relief from the Securities and Exchange Board of India (Sebi). The announcements were expected this week, people familiar with the developments said.

Sebi is likely to extend the compliance deadline for certain select provisions under the amended listing agreement by six months. The new deadline for these is likely to be April 1.

Ortel Communications, a regional cable television and broadband service provider, has filed draft documents with market regulator Sebi for a public issue of up to 1.42 crore equity shares.

This is the sixth company to file initial papers with Securities and Exchange Board of India (Sebi) this year to garner funds through initial public offer (IPO) route.

The Securities and Exchange Board of India (Sebi) on Thursday censured BSE for a matter related to allocations in the Rs 6,000-crore NMDC offer for sale (OFS) in 2012.

The exchange had confirmed orders for 45.5 million NMDC shares after the stipulated time. Bids by Citibank NA were confirmed between 6:22 pm and 6:30 pm, not within half an hour of the post-close session, as stipulated under Sebi norms.

Stunned by the Central Bureau of India (CBI)'s first information report (FIR) against three of their colleagues, employees at the Securities and Exchange Board of India (Sebi) are considering setting up an association. The objective of the proposed union will be to protect the rights of the staffers, most of whom work on cases involving large corporates. The tasks and responsibilities of Sebi officials have undergone a change with the new powers the regulators have gained. In recent times, Sebi officials have drawn ire while cracking down on Ponzi investment schemes in several parts of the country.

The Securities and Exchange Board of India (Sebi) will initiate adjudication proceedings against Plethico Pharmaceuticals for failing to meet the minimum public shareholding norms within the stipulated time period.

At the same time, Sebi has revoked the curbs it had imposed on Plethico as well as its promoters and directors for not achieving the 25 per cent minimum public holding as the firm has been able to achieve compliance.

The Securities and Exchange Board of India (Sebi) is preparing the ground for the launch of municipal bonds, a popular debt instrument issued by local governments globally.

Sources said Sebi planned to float a discussion paper on the issuance and trading of municipal bonds, popularly called muni bonds. To ensure this is a viable proposition, the regulator is in talks with the finance ministry to ease the norms on pricing such bonds.

Ahead of the Securities and Exchange Board of India (Sebi)’s October 1 deadline for all listed companies to have at least one woman on their boardof directors, more than half the National Stock Exchange (NSE)-listed firms are yet to comply.

Currently, of 1,469 companies listed on NSE, 755 are yet to appoint a woman on their boards.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.