The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance, Government of India. It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.
National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai, Maharashtra. It is the world’s largest derivatives exchange in 2021 by number of contracts traded based on the statistics maintained by Futures Industry Association (FIA), a derivatives trade body. NSE is ranked 4th in the world in cash equities by number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for the calendar year 2021. It is under the ownership of some leading financial institutions, banks, and insurance companies. NSE was established in 1992 as the first dematerialized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system that offered easy trading facilities to investors spread across the length and breadth of the country. Vikram Limaye is the Managing Director and Chief Executive Officer of NSE.
The Indian Administrative Service (IAS) is the administrative arm of the All India Services of Government of India. Considered the premier central civil service of India, the IAS is one of the three arms of the All India Services along with the Indian Police Service and the Indian Forest Service. Members of these three services serve the Government of India as well as the individual states. IAS officers may also be deployed to various public sector undertakings and international organizations.
Pratap Kishen Kaul was an Indian Civil Servant and held several important and sensitive posts in the Government of India. He was from the 1951 batch of the Indian Administrative Service and served as the Cabinet Secretary, Government of India from 1985 to 1986. He was also the Indian Ambassador to the United States from 1986 to 1989.
Jairam Ramesh is an Indian economist, historian and politician belonging to Indian National Congress. He is a Member of Parliament representing Karnataka state in the Rajya Sabha. In July 2011, Jairam was elevated to the Union Council of Ministers of India and appointed Minister of Rural Development and Minister of the new Ministry of Drinking Water and Sanitation. However, in the cabinet reshuffle in October 2012, he has been divested of the portfolio of Ministry of Drinking Water and Sanitation. He was previously the Indian Minister of State at the Ministry of Environment and Forests from May 2009 to July 2011.
Ketan Parekh is a former stockbroker from Mumbai, who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. During this period, Parekh artificially rigged prices of certain chosen securities, using large sums of money borrowed from banks including the Madhavpura Mercantile Co-operative Bank, of which he himself was a director.
Sydenham College of Commerce and Economics is a college located in Mumbai, Maharashtra, India. It is the oldest college of commerce in Asia, and is affiliated to the Dr. Homi Bhabha State University. The college offers undergraduate and postgraduate degrees in commerce and management. It was awarded a re-accreditation 'A' grade and 3.42 GPA in the second cycle assessment conducted by the National Assessment and Accreditation Council.
Inter-connected Stock Exchange Ltd. (ISE) is an Indian national-level government owned stock exchange, providing trading, clearing, settlement, risk management and surveillance support to its trading members. It is under the ownership of Ministry of Finance, Government of India. It started its operation in 1998 in Vashi, Mumbai, and has 841 trading members, who are located in 18 cities. These intermediaries are administratively supported through the regional offices at Delhi, Kolkata, Patna, Ahmedabad, Coimbatore and Nagpur, besides Mumbai.
Upendra Kumar Sinha is the former chairman of SEBI. His term started in February 2014. He has been appointed for a period of three years. He was the Chairman and Managing Director (CMD) of the Unit Trust of India Asset Management Company (UTIAMC), commonly referred to as UTI Mutual Fund. He is a member of the Indian Administrative Services (IAS), belonging to the Bihar Cadre.
In India, a Depository Participant (DP) is described as an Agent of the depository. They are the intermediaries between the depository and the investors. The relationship between the DPs and the depository is governed by an agreement made between the two under the Depositories Act. In a strictly legal sense, a DP is an entity who is registered as such with SEBI under the sub section 1A of Section 12 of the SEBI Act. As per the provisions of this Act, a DP can offer depository-related services only after obtaining a certificate of registration from SEBI. As of 2012, there were 288 DPs of NSDL and 563 DPs of CDSL registered with SEBI.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
National Securities Depository Limited (NSDL) is an Indian central securities depository, based in Mumbai. It was established in August 1996 as the first electronic securities depository in India with national coverage. It was established based on a suggestion by a national institution responsible for the economic development of India. It's demat accounts now hold assets worth $4 trillion.
Vinod Rai is a former IAS officer who served as the 11th Comptroller and Auditor General of India. He assumed office on 7 January 2008 till 22 May 2013. He is the current chairman of UN Panel of External Auditors and Honorary Advisor to the Railways and a member of the Railway Kaya Kalp Council. He holds a master's degree in Economics from the University of Delhi, and Masters in Public Administration from Harvard University. The most prominent actions of CAG under Vinod Rai was the report that stated that the 2G spectrum allocation by the government had caused a loss of over 1 lac crores to the government. Several ministers of the UPA had to resign, some were arrested. It is widely believed that this report by CAG was the single most important setback for the then UPA government. After years of hearing at the CBI court in Delhi, the judge acquitted all the accused saying that there is not an iota of evidence to show that corruption took place and some people created the scam by artfully arranging a few selected facts and exaggerating things beyond recognition to astronomical levels. Vinod Rai was made the chairman of the Banking Board of India by the new Government of NDA by then. On 30 January 2017, the Supreme Court of India appointed Rai as the interim president of the Board of Control for Cricket in India (BCCI). He is the head of advisory commission of Kerala Infrastructure and Investment Board (KIIFB), appointed by Government of Kerala.
Deepak Parekh is an Indian businessman and the Chairman of Housing Development Finance Corporation, India's leading housing finance company. It is based in Mumbai.
Ashish Kumar Chauhan is an Indian business executive, administrator and current Chancellor of University of Allahabad. He is the current managing director and chief executive officer of the Bombay Stock Exchange (BSE). He also serves as the member of Governing council of one of the premier B school in India - IIM Raipur. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications and Indian social issues.
Religare Enterprises Limited (REL) is an Indian financial services company, headquartered in New Delhi, India. It offers an integrated suite of financial services through its underlying subsidiaries and operating entities, including loans to Small and Medium Enterprises (SME)'s, affordable housing finance, as well as retail broking and health insurance. REL is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.
Central Depository Services (India) Ltd (CDSL), is the first listed Indian central securities depository and a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India based in Mumbai.
R K GLOBAL is an Indian financial broking firm with services ranging from Equities, Derivatives, Commodities, Currency, Depository, IPO Distribution, Mutual Fund Distribution and Consultancy.
Sandeep Parekh, born 1971, is an Indian financial sector lawyer who founded Finsec Law Advisors, Mumbai. He attended St. Columba's School in New Delhi, India. He then attended Hindu College at Delhi University, which gave him a distinguished alumni award in 2008. 10. He then obtained a degree in law from Delhi University Law Centre II, which also recognised him as a distinguished alumni in 2007. He was profiled in 2006 by CNBC in its program 'Young Turks' by Shereen Bhan as a young leader.
Kandathil Mathew Abraham is a retired Indian IAS officer who is serving as Chief Principal Secretary of Chief Minister of Kerala, Chief Executive Officer of KIIFB and Chairman of Kerala Development and Innovation Strategic Council. He retired as the Chief Secretary of Kerala in December 2017. He belongs to 1982 batch of IAS. He was instrumental in bringing out Sahara Group Scam when he was a member of Securities and Exchange Board of India.
