Securities and Exchange Board of India

Adani Power secures controversial energy bid ahead of elections in Maharashtra

NEW DELHI: Maharashtra’s state electricity distribution company, MSEDCL, has awarded a major contract to Adani Power to supply 6,600 MW of bundled renewable and thermal energy.  The Adani Group’s bid, priced at ₹4.08 per unit, is almost ₹1 lower than Maharashtra’s current electricity procurement costs. The deal involves supplying 5,000 MW of solar energy from […]

ED raids in Mumbai, Kolkata uncover major FEMA violations by Virendra Joshi

NEW DELHI – In a significant development, the Enforcement Directorate (ED) conducted raids in Mumbai and Kolkata, seizing Rs 12.96 lakh in foreign currency and documents related to foreign bank accounts and assets. The raids are part of an ongoing investigation into FEMA violations by Virendra Joshi, who is accused of making illegal profits through […]

Congress accuses SEBI chief of drawing salary from ICICI Bank, ICICI Prudential

According to Congress spokesperson Pawan Khera, Buch reportedly earned over ₹12 crore in salary from ICICI Bank between 2017 and 2024 and an additional ₹22.41 crore from ICICI Prudential during the same period.

SEBI study reveals married traders make more profit than single trader

SEBI has uncovered surprising correlations between intraday trading performance and personal attributes such as marital status and gender in a recent comprehensive study. According to the study, married traders not only experience a lower proportion of losses but also generate a higher proportion of profits.