• 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
  • Login
  • Register
Manifest IAS
JournalsOfIndia
Manifest Learning Academy
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
JournalsOfIndia
No Result
View All Result
Home Economy

Insider trading

July 29, 2021
in Economy
Reading Time: 2 mins read
0
Insider trading
171
VIEWS
Share on WhatsAppShare on TelegramShare on Facebook
image_pdfMake PDF

In news- Recently, SEBI imposed Rs.3 lakh fine on Shilpa Shetty, her husband and businessman Raj Kundra and his firm Viaan Industries for flouting its regulations on insider trading.

What is Insider trading?

  • Insider trading refers to trading of shares by an ‘insider’ based on unpublished price sensitive information (UPSI). 
  • It involves buying or selling shares of a listed company using information that can materially impact the stock price, but has not been made public yet.  
  • SEBI regulations define an ‘insider’ as someone who is a connected person or has access to UPSI. 
  • A connected person can be anyone who during the six months preceding the insider trade has been associated with the company in some way. 
  • This could be a company director or employee or their close relatives, or a legal counsel or banker to the company or even an official of the stock exchanges or trustees or employees of an asset management company who interacted with the company.
  • In India, Section 11(2)(g)  of Securities and Exchange Board of India Act, 1992 provides power to prohibit insider trading in securities in India.
  • Regulation 3(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 lays down the first prohibition on insider trading and states that no insider shall communicate any UPSI relating to a company to any person.
  • SEBI can impose fines and debar individuals/entities from trading in the market if found in violation of the rules.
image_pdfMake PDF
Source: India Today
Tags: India todayPrelims

Related Posts

IREDA gets ‘Infrastructure Finance Company’ status from RBI

IREDA gets ‘Infrastructure Finance Company’ status from RBI

March 15, 2023
Revamped MSME Competitive (LEAN) scheme

Revamped MSME Competitive (LEAN) scheme

March 14, 2023
Bhutan graduates from UN list of Least Developed Countries (LDC)

Bhutan graduates from UN list of Least Developed Countries (LDC)

March 13, 2023
What is hustle culture?

What is hustle culture?

March 13, 2023
Har Payment Digital mission of RBI

Har Payment Digital mission of RBI

March 9, 2023
SEBI issues framework for the adoption of cloud services

SEBI issues framework for the adoption of cloud services

March 9, 2023
Hallmark Unique Identification(HUID) number

Hallmark Unique Identification(HUID) number

March 6, 2023
SWAYATT

SWAYATT

March 3, 2023
International IP Index

International IP Index

March 2, 2023
India’s first municipal bond index- IBMX

India’s first municipal bond index- IBMX

February 28, 2023
Please login to join discussion

Our Offline Classroom Student

CONGRATULATIONS TO 2021 TOPPERS !!!

Rank 171 Kumar Shivashish
Rank 250 Sahithya
Rank 263 Sumit Kumar Thakur
Rank 311 Deepak Ramachandra Shet
Rank 455 Ravinandan B M

March 2023
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Feb    

Browse by Category

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society
  • Sports
  • Uncategorized

Browse by Tags

AIR All India Radio BBC Business Line Business Standard dow Down to Earth DownToEarth DTE Economic Times ET FAO Financial Express GS-1 GS-2 GS-3 GS-4 Hindustan Times IE India & the world Indian express Indiatoday India today Kurukshetra Livelihoods portal LiveMint Mains News Newspaper News Paper PIB Prelims PRS India RSTV Science Reporter Survey The Hindu The India Express The Indian Express The Print the wire Times of India TOI TOPPERS Yojana
JournalsOfIndia

Our vision is to orient the readers to grasp the facts objectively and analyse critically. In the rush of reaching first to the readers, the websites miss the balanced opinion, which is the need of the hour. We aim to reach the readers with more crispness, preciseness and relevance. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers.

Categories

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society
  • Sports
  • Uncategorized

Browse by Tag

AIR All India Radio BBC Business Line Business Standard dow Down to Earth DownToEarth DTE Economic Times ET FAO Financial Express GS-1 GS-2 GS-3 GS-4 Hindustan Times IE India & the world Indian express Indiatoday India today Kurukshetra Livelihoods portal LiveMint Mains News Newspaper News Paper PIB Prelims PRS India RSTV Science Reporter Survey The Hindu The India Express The Indian Express The Print the wire Times of India TOI TOPPERS Yojana

Newsletter

The most important UPSC news and events of the day.

Get Journals daily newsletter on your inbox.

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

  • Login
  • Sign Up
  • Home
  • SNIPPETS
  • ARTICLES
  • BROWSE
  • DOWNLOADS
No Result
View All Result

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In