Ex-UBS, Citigroup trader convicted in UK of Libor rigging

Last Updated: Monday, August 3, 2015, 20:40

A trader who worked for UBS and Citigroup on Monday became the first person to be convicted by a jury in Britain of rigging the benchmark Libor inter-bank lending rate.

Not enamoured by size of corporates committing crimes: SEBI

Last Updated: Sunday, August 2, 2015, 15:27

In a stern warning to corporates seeking to settle their capital market crimes, regulator SEBI has said anyone committing a serious offence must face the axe and any settlement plea would not be entertained in such cases, irrespective of the size and stature of the offender.

Don't enter commodities market for quick bucks: SEBI to investors

Last Updated: Sunday, August 2, 2015, 15:06

Ready to regulate commodity trading, SEBI has cautioned small investors against coming for quick gains through speculation in this market, which is "risky" and requires a lot of technical expertise.

Sebi makes delisting norms easier

Last Updated: Friday, July 31, 2015, 20:03

Making delisting norms easier, Sebi on Friday said promoters either will have to ensure that at least 25 per cent of minority shareholders participate in such a process or can demonstrate that the entire 100 per cent investors have been approached.

Tata profits up; contributes 8 billion pounds to UK GDP

Last Updated: Wednesday, July 29, 2015, 20:36

The Tata Group's international business helped push its profits up by 5.3 percent last year, with the Indian conglomerate contributing 8 billion pounds to the UK's GDP in 2013-14.

British economy bounces back in second quarter

Last Updated: Tuesday, July 28, 2015, 15:37

Gross domestic product grew 0.7 percent between April and June, the Office for National Statistics (ONS) said in an initial estimate. That matched analysts` forecasts.

Corporates carry clout, but Sebi stands firm: U K Sinha

Last Updated: Sunday, July 26, 2015, 17:38

Often at the receiving end of the companies for its penal actions and 'tough' regulations, markets watchdog Sebi has said the corporates carry a lot of clout and keep testing its resolve, but the regulator has always been firm on its ground.

Corporates carry clout, but Sebi stands firm: U K Sinha

Last Updated: Sunday, July 26, 2015, 17:38

Often at the receiving end of the companies for its penal actions and 'tough' regulations, markets watchdog Sebi has said the corporates carry a lot of clout and keep testing its resolve, but the regulator has always been firm on its ground.

SEBI-FMC merger process to be complete by Sept: Sinha

Last Updated: Thursday, July 23, 2015, 18:42

The merger process of the Forward Markets Commission (FMC) with SEBI will be completed by September this year, said U K Sinha, chairman of the capital market regulator.

Sebi panel moots new Code for institutional investors

Last Updated: Sunday, July 19, 2015, 14:33

Taking cue from this, Sebi's International Advisory Board has suggested that there is a need for greater participation of institutional investors in the governance of the companies where they have invested.

Tata Steel says 720 UK jobs could become redundant

Last Updated: Thursday, July 16, 2015, 15:52

Tata Steel said 720 British jobs could become redundant in its speciality and bar business, which is being refocused on high-value markets such as aerospace.