|Chennai||Rs. 28730.00 (1.13%)|
|Mumbai||Rs. 29740.00 (-0.13%)|
|Delhi||Rs. 29200.00 (0%)|
|Kolkata||Rs. 29350.00 (0%)|
|Kerala||Rs. 28000.00 (0%)|
|Bangalore||Rs. 28400.00 (0%)|
|Hyderabad||Rs. 28470.00 (-0.11%)|
India will extend the powers of the country's market regulator Securities and Exchange Board of India (SEBI), allowing it to monitor investors' call records and conduct searches at companies suspected of wrongdoing, the cabinet said on Wednesday.
The SEBI has long sought the right to monitor phone call data without a court's intervention to investigate claims of insider trading and manipulation in the country's capital markets.
Under an executive order approved for issue by the cabinet, SEBI would also be authorised to carry out searches at company premises it suspects of wrongdoing, Heavy Industries Minister Praful Patel told reporters.