Latest Updates Around The World
Capital markets regulator Sebi has stayed insider trading proceedings against Adani Group affiliate Pranav Vinod Adani, Kunal Dhanpalbhai Shah and Nrupal Dhanpalbhai Shah in a case related to Adani Green Energy’s 2021 acquisition of SoftBank-backed SB Energy. The transactions under scrutiny were executed after the information had already entered the public domain.Sebi removed the show […]
The Securities and Exchange Board of India (Sebi) has barred SME Droneacharya Aerial Innovations (DIAL) and its promoters, Prateek Srivastava and Nikita Srivastava, from entering the securities market for two years after they were found guilty of misusing IPO proceeds, misrepresenting financial statements and embezzling company funds.Sebi has also reined in business consultancy Instafin Financial […]
Ananth Narayan G, the Indian regulator who led the high-profile investigation into alleged market manipulation by US high-frequency trading firm Jane Street, stepped down on Thursday at the end of his three-year term. Narayan, the second-ranking official at the Securities and Exchange Board of India, headed the market regulation and the department dealing with foreign […]
