The move comes after a scathing attack by US short-seller Hindenburg Research on the Adani Group, alleging improper use of offshore tax havens and stock manipulation.
Last week, Securities & Appellate Tribunal set aside SEBI's disgorgement order against NSE and its former top executives, saying the exchange 'had not indulged in any unethical act'.
Among the country's three major telecom players, including Bharti Airtel and Jio, the govt package was seen as a bailout for Vodafone Idea, which was on the verge of bankruptcy.
The Securities and Exchange Board of India (SEBI) cancelled the certificate of registration of the credit rating agency due to repeated lapses in the functioning.
The market regulator initiated proceedings against billionaire Mukesh Ambani’s oil-to-retail conglomerate and its compliance officers, Savithri Parekh and K. Sethuraman.
Stockbroker Minish Patel had claimed in a Telegram message to his 12 lakh subscribers that he spent Rs 8.5 crore on ‘black magic’ to trigger market fall last week.
Axis AMC, country's seventh-largest asset manager with $32 billion in assets, Friday said it had suspended 2 fund managers pending an investigation due to potential irregularities.
Axis AMC says it has been conducting an investigation over the last two months, 'with the help of reputed external advisers', into potential irregularities.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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