Regulations
BSE mandates filing of financial results through XBRL format
New Delhi, Stock market major BSE on Wednesday said that all listed entities on its platform need to file their financial results in 'XBRL' mode, in addition to 'PDF' format.
 
XBRL is a data-rich language for transmitting information via the Internet. It was developed specifically to communicate information between businesses and other users of financial information, such as analysts, investors and regulators. 
 
"It has been decided that with effect from April 01, 2017 onwards, all listed entities with BSE, would be required to make their filings in respect of financial results in XBRL mode within 24 hours of submission of results in PDF mode," the stock exchange major said in a statement.
 
"BSE became the first stock exchange in India to introduce and implement XBRL based reporting. BSE has provided a tool to all listed companies to convert their data (excel) files into XBRL files, free of cost."
 
According to bourse, listed companies are required to file their financial results in 'PDF' format through the newly launched CAFS system and follow this up with the XBRL filing within a maximum of 24 hours of submission of results through CAFS mode.
 
Earlier, BSE had asked all listed companies to file their disclosures regarding important listing regulations like shareholding pattern, corporate governance report and voting results using XBRL format.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

p venkateswara

6 months ago

BANK PEOPLE ARE VERY BUSY IN SELLING INSURANCE PRODUCTS & MUTUAL FUNDS, THEY ARE GETTING GOOD COMMISSION YEAR BY YEAR. ANY ZONAL MEETINGS OR INERNAL MEETING AGENDA IS GET BUSINESS FOR TEH ABOVE PRODUCTS. THE APRAISAL FOR STAFF IS BASING ONE THIS. IF YOU WANT A LOCKER OR ANY LOAN PAPER IS TO MOVE, YOU GAVE TO BUY A INSURANCE FROM THEM. THE MAIN THEME OF BANKING SYSTEM IS CHANGED.

SpiceJet's Chairman settles case with SEBI
Mumbai, Securities market regulator SEBI on Monday said it has settled an alleged case of takeover code violation with the budget passenger carrier SpiceJets Chairman Ajay Singh.
 
SEBI had earlier proposed to carry out adjudication proceedings against Singh for his failure to make disclosure under SEBI's substantial acquisition of shares and takeovers regulations, when he took control of the budget passenger carrier in 2015.
 
The securities market regulator's order issued on Monday disclosed that Singh paid Rs 2.02 lakh towards the settlement charges.
 
Accordingly, SEBI said that it will not conduct any adjudication proceedings against Singh for the alleged violation.
 
In certain cases, the regulations permit settlement prior to proceedings without admission or denial of any wrongdoing. 
 
In early 2015, Singh had taken control of the airline that he had co-founded by acquiring Kalanithi Maran's controlling stake in SpiceJet. 
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

PACL Scam: SEBI asks investors not to handover documents, receipt to anyone
Cautioning investors of PACL Ltd (erstwhile Pearls), market regulator Securities and Exchange Board of India (SEBI) had asked them to retain all documents with himself or herself and not to share or handover it to anyone for any reason. SEBI said the Justice RM Lodha Committee appointed by the Supreme Court to dispose of properties of PACL and pay proceeds to investors has not authorised anyone to collect cheques, money or claim forms from investors. 
 
In a statement, SEBI said, "The (Justice RM Lodha) Committee is in receipt of complaints, whereby, it is learnt that certain individuals/associations are collecting money/ claim form under the guise of authorisation from the committee. In this regard, it is reiterated that committee has not authorised any person to collect any money or claim in any manner whatsoever, therefore investors may beware and are cautioned to not fall in the trap of any such news, report or advertisement."
 
Earlier on 27 November 2016, the market regulator, while informing the process to claim refund (for investors of PACL) made it clear that the refund would be initiated only upon realisation of a sizable amount by the Committee. It said, "In such case, investors would be required to file their claims only in the prescribed format upon specific notification by the Committee. Till such notification, investors are requested to retain their documents with themselves and not to part with them for any reason whatsoever."
 
The Lodha committee is supervising the Supreme Court ordered process of selling PACL's assets across the country and refunding Rs49,100 crore collected from over 56 crore investors.
 
The apex court in an order on 2 February 2016 set-up a committee headed by its former chief justice RM Lodha to sell assets of PACL to refund investors Rs49,000 crore collected through collective investment scheme that were held as illegal by market regulator SEBI.
 
Directing that no court in the country would entertain any plea in respect of the sale of PACL assets, the bench also restrained the PACL from going for any more investments from the public.
 
The court directed the committee to appoint experts to assists in the sale of land and directed the SEBI to appoint a nodal officer to for investor grievances.
 
The money to be refunded to the investors was allegedly collected by PACL and Pearls Golden Forest Limited - two companies belonging to Nirmal Singh Bhangoo-managed group - in the name of sale and development of agricultural land.
 

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COMMENTS

Somender Yadav

1 week ago

Does anyone know what is to do to initiate the refund please.. My domestic help informed me of getting duped by 50000 by PACL in context of doing bank deposit only o get land /plot registration request.

What is th first step I should suggest him, if any one can tell me .that will be a great help. Thnkxxx

Azhar Wani

2 months ago

Sir i think if honorable pm will help us to solve our issues its good for us

Madhav Joshi

2 months ago

When fd investors will get money back? What they are supposed to do to claim their fd from liquidator

GOPAL CHUTIA

2 months ago

We are all investors request to Honorable PM to take up the case immediately,
otherwise it will not possible to get good result.

S.G.S. MANI

5 months ago

This only possible to take care by Honourable PM' direct decision to PACL, otherwise it will not get good result to investors.
Also it needs urgent.

S.G.S. MANI

5 months ago

This only possible to take care by Honourable PM' direct decision to PACL, otherwise it will not get good result to investors.
Also it needs urgent.

S.G.S. MANI

5 months ago

This only possible to take care by Honourable PM' direct decision to PACL, otherwise it will not get good result to investors.
Also it needs urgent.

PRAJWAL FERNANDES

6 months ago

These SEBI still enjoying with Pacl money!!!!

PRAJWAL FERNANDES

6 months ago

These SEBI still enjoying with Pacl money!!!!

PRAJWAL FERNANDES

6 months ago

These SEBI still enjoying with Pacl money!!!!

PRAJWAL FERNANDES

6 months ago

These SEBI still enjoying with Pacl money!!!!

PRAJWAL FERNANDES

6 months ago

These SEBI still enjoying with Pacl money!!!!

athul jayaraj

6 months ago

Did we get money back we have invested lot in this

Suganthi T

7 months ago

My agent is asking me to send the form for refund... Shall i proceed????

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