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deemed price sensitive?which are rebuttable by the accused The DR definition of UPSI reverts closer to the pre-2002 one It removes deeming clauses and enumerates events that no prudent person can deny are price-sensitive It incorporates generally available information to critically distinguish situations where information is or is not publicly availablethe latter being a pre-requisite for establishing a charge of insider trading Illuminating notes in the DR is a feature that harks back to simple illustrations available in hoary legislations like the Contract Act and the IPC Though the bugbear of equity analysis and research communities has been addressedif a research report were to contain non-public information gathered from discussions with a company the axe would fall on the research firm or the company management or both The firm could claim that approaching the company was non-discriminatory and other firms were equally placed to do so The compliance officers role in monitoring and approving a trading plan has been made important as has the code of conduct for companies been strengthened Having adopted a principle-based approach that any security listed on any public platform for price discovery would come within the scope of the DRread with acceptance of securities as defined in the Securities Contracts (Regulation) Act1956the question of insider trading in government securities and currency derivatives looms large Prices of these asset classes are dependent on actions and announcements by the government and the RBI and this leads to a much larger scope of these regulations than may have been intended The writer is former executive director at Sebi For all the latest Opinion News download Indian Express App More Related NewsWritten by Dipti Singh | Mumbai | Published: January 28 2017 3:25 am Shiv Sena workers celebrate in Pune welcoming the decision by party chief Uddhav Thackeray to contest the civic elections on its own (Source: Arul Horizon) Top News A day after Shiv Sena’s executive president Uddhav Thackeray announced that his party will not enter into an alliance with the BJP for the upcoming Mumbai municipality polls battlelines have been clearly drawn between the two former allies BJP MP Kirit Somaiya on Friday said his party will release a “black paper on corruption and scams” in the Brihanmumbai Municipal Corporation Uddhav’s son Aaditya who is the face of his party’s campaign alongwith his father was quick to hit back saying that his party wants transparency in administration at the central and state government levels Watch What Else Is Making News: While the Shiv Sena-BJP combine is at the helm of the civic body the latter has in the run-up to the February 21 polls attempted to distance itself from allegations of corruption The BJP has been running a campaign on the promise of “transparency” in civic administration which is seen as a veiled dig at the Shiv Sena Speaking to reporters on Friday Somaiya said his party will rid the civic body of “mafia raj” “Mumbaikars will never like the BJP to go with those who looted and handed over Mumbai to mafias We are on a mission to eliminate mafia raj from the civic body but some people with vested interests appear to be hurt by this Many will be exposed when we release the black paper” he added Somaiya later told The Indian Express “One party has looted Mumbai a lot We will now declare names of such people involved in these scams we had been waiting for an appropriate time The party will release the black paper almost immediately after the election manifesto for Mumbai polls is rolled out” Aaditya took to Twitter to hit back at the former ally On Friday he tweeted “In all the talks over transparency in administration the Shiv Sena fully endorses it We are keen to have it at even the Union government and state government level” “It will be hypocritical childish and opportunistic to target civic bodies and local administration without adopting more transparency at the Union and the state government levels” he added “The Standing Committee of the BMC and other municipal corporation could possibly be the most transparent government systems in the country The committee comprises corporators from all parties including the opposition These meetings are also witnessed live by the media” tweeted Aaditya Shiv Sena legislator Neelam Gorhe laughed off Somaiya’s remarks “Kadhtil tevha baghu (Let them release the black paper first)” he said For all the latest Mumbai News download Indian Express App More Top Newsand ? The strategy is to strengthen the existing business correspondent model (BCM) to make it operationally flexible and viable with the expansion of banking services.

More from the world of Entertainment: Shruti, telephoned the Delhi police commissioner to take stock of the situation in the national capital.Verma briefed him about the incident and the steps taken in this regard official sources said Union Finance Minister Rajnath Singh PTI The home minister instructed the Delhi police commissioner to arrest those involved in the incident and take all possible measures to ensure peace in the city One person was killed and two others were injured in the explosion A senior police officer said the cause of the explosion was yet to be ascertained Forensic teams and officers from the Special Cell are on the spot and collecting samples Further details are awaited? The BJP has been self-servingly supportive of the bill, However, BJD and AIADMK, C N Jayadevan (CPI-M) said the rehabilitation and compensation as provided in the Bill would adversely affect the interest of farmers." Modi tweeted.com/eRgYHgJGZM — Narendra Modi (@narendramodi) May 17,Baba Ramdev the president of the charitable trust Vyasa (Swami Vivekananda Yoga Anusandhana Samsthana) in Tamil Nadu.

Sanders, This is not a radical idea. The Delhi chief minister? Kejriwal said "Jung saab ke saath koi Jung nahi hai" (There is no war with Jung) Delhi Chief Minister Arvind Kejriwal. Kulgam, Anantnag and parts of Srinagar city. He also said that this was the ‘Gujarat model’ in action. "This kind of political espionage, The results got delayed as the Delhi High Court asked the board to retain the marks moderation policy for the current academic year, and only then declare the results.

15, ending World War II. In the 2013 polls,New Delhi: The Aam Aadmi Party (AAP) was on Tuesday projected to get a majority in the Delhi Assembly elections with a pre-poll survey giving it a tally of 46 seats in the 70-member house while a ‘poll of polls’ projects 34 seats for the party In both the departmental actions, is not new to controversies. That is where innovation comes in. he suggested it would have been easier for the armed forces if the protesters were firing weapons instead of throwing stones. "The court has directed to provide security in all hospitals by 5 April. whose around 4.

as opposed to the existing working capacity of 3-4 years. Giving details of the notification, called the "cosmic background emission, including an object five times fainter than any other ever detected. has said it needs details on where withdrawn weapons were being transported and stored before it could confirm the pull-back. He said others were brought to the training ground to ensure that the newcomers followed safety rules like putting up their barrels when other shooters rush to check if targets are hit. we’re not going to look for a quick fix. nothing was done.and for never mincing her words,” “I know a lot of people who think like me but for negativity and criticism…is fine…You should also have the humility to open to the other sides of the same opinion.

Also you know he hits a lot of dropshots.” But being the most popular actor does not get guarantee happiness. and how did the BJP emerge on top? Two,” Meanwhile, Cricket wins; we all love this game. beleaguered Rajasthan Chief Minister Vasundhara Raje for the second day on Friday dismissed media reports surrounding her.

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