SEBI investigation

Sebi bars US trading firm Jane Street from Indian markets, orders Rs 4,840 crore freeze over alleged Nifty manipulation

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Sebi bars US trading firm Jane Street from Indian markets, orders Rs 4,840 crore freeze over alleged Nifty manipulation

The markets regulator Securities and Exchange Board of India (SEBI), on Friday barred U.S.-based trading giant Jane Street Group and its affiliates from accessing the country’s securities market, accusing the firm of deploying manipulative strategies to distort the Nifty 50 index and rake in massive profits from derivatives. In a scathing 105-page interim order, SEBI … Read more

6 officials of IndusInd Bank under investigation for insider trading: Reports

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6 officials of IndusInd Bank under investigation for insider trading: Reports

India’s markets regulator is investigating six IndusInd Bank officials for insider trading to determine if they sold stock options while being aware of accounting lapses at the bank before these were publicly disclosed, two sources with direct knowledge of the matter said. The Securities and Exchange Board of India (SEBI) is examining the timing of … Read more