SEBI gives power to executive directors, whole-time members on reduction, waiver of interest for unpaid penalty

January 10, 2025

SEBI has empowered panels of Executive Directors and Whole-time Members to waive or reduce interest in recovery cases under specific conditions. This excludes cases involving intermediary fees or disgorgement orders. Applications require full principal payment and supporting hardship documents.

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Goldman Sachs buys shares worth Rs 50 crore in this smallcap stock via block deal

Goldman Sachs acquired approximately 11 lakh shares of TD Power Systems in a block deal valued at Rs 50.30 crore, purchasing them at Rs 460

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Ashok Hinduja backs IndusInd Bank board amid fraud concerns, calls it a ‘new dawn’ for the lender

IndusInd International’s Ashok Hinduja backed the bank’s leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHL’s financial support.

May 22, 2025

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