The Background Securities and Exchange Board of India, popularly called SEBI, is a quasi government body that was initially formed in 1988 by an administrative order. The Indian capital market had started developing very fast during the 1980s. The amount of capital raised by companies from the primary market increased from a modest 200 crores in 1980 to a substantial 6500 crores in 1990. This implied a great exposure of public money, which also attracted a number of fly-by-night operators. This necessitated a watchdog that could safeguard the interests of investors. SEBI Logo SEBI was provided an statutory status in the immediate aftermath...

Introduction Indian Stock Markets celebrated the winning of Congress led UPA in the 2009 Parliamentary election, by breaking all past records and forcing the regulator to halt the trading for the day. It is being considered that the main reason for...