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Sebi, RBI engage in turf war over Bitcoin regulation

The administration's proposition to control Bitcoin digital currency has started an administrative turf war amongst Securities and Exchange Board of India (Sebi) and Reserve Bank of India (RBI). As per sources, the national bank is of the feeling that bitcoin is a security as opposed to money and ought to be controlled by Sebi. The proposition has not run down well with the last which contradicts the recommendation. A week ago, the back service required a meeting of all partners to talk about the administrative system of the virtual money.
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SBI Life gets ready for a big IPO this year, may raise Rs 8500-9000 cr

Once listed, this would be the second life insurer after ICICI Prudential Life Insurance to be listed on the stock exchanges. SBI Life Insurance, which has filed the draft red herring prospectus (DRHP) with Securities and Exchange Board of India (Sebi), is likely to bring out the largest initial public offering (IPO) in the insurance space. Sources said that the insurer could raise as much as Rs 8500-9000 crore from the IPO. Once listed, this would be the second life insurer after ICICI Pre dential Life Insurance to be listed on the stock exchanges. This includes an initial public offer of up to 120 million equity shares of face value of Rs 10 each through an offer for sale by State Bank of India and BNP Paribas Cardif where each will be selling up to 80 million equity shares and up to 40 million equity shares, respectively. Further, it also includes a reservation of up to 2 million equity shares (constituting up to 0.2 percent of the post-offer paid-up share capital) for p...
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On July 19, 2017 results of Havells India's June quarter

It is hereby informed that a meeting of Board of Directors of the Company is scheduled to be held on 19th July, 2017, Wednesday, to consider and approve, inter alia, the Un-audited Standalone Financial Results of the Company for the first quarter ended 30th June, 2017. In compliance of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that a meeting of Board of Directors of the Company is scheduled to be held on 19th July, 2017, Wednesday, to consider and approve, inter alia, the Un-audited Standalone Financial Results of the Company for the first quarter ended 30th June, 2017. Refer by- MoneyControl
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