SEBI takes strict action in front running case, bars 9 entities, seizes over ₹21 crore
The Statesman|December 23, 2024
Market regulator, the Securities and Exchange Board of India (SEBI) has taken strict action in a front-running case, banning PNB Met Life Insurance Company's equity dealer Sachin Bakul Dagli and eight other entities from the stock market.
AGENCIES
SEBI takes strict action in front running case, bars 9 entities, seizes over ₹21 crore

According to the SEBI, front-running was being done by Dagli and eight entities for more than three years and during this period, all of them collectively earned illegal profits of Rs 21.16 crore.

The market regulator banned Dagli and the eight entities from the stock market and seized the unlawful gains.

The SEBI had investigated some suspicious front-running trades related to PNB MetLife India Insurance before this action.

هذه القصة مأخوذة من طبعة December 23, 2024 من The Statesman.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 23, 2024 من The Statesman.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE STATESMAN مشاهدة الكل
Seoul searching~I
The Statesman

Seoul searching~I

There were fast-paced developments in the prelude to the eventual impeachment.

time-read
6 mins  |
December 23, 2024
The Statesman

Feel of print

SIR, The author of the write-up, \"Why every home must get a newspaper\" (Dec. 19) deserves praise for his excellent and thought-provoking piece.

time-read
1 min  |
December 23, 2024
The Statesman

Fair Lending

The government's proposal to clamp down on unauthorised private lending practices signals a decisive move to tackle unregulated financial activities that have long preyed on vulnerable segments of the population.

time-read
2 mins  |
December 23, 2024
The Statesman

England announce squads for upcoming India tour and Champions Trophy 2025

The England Cricket Board on Sunday announced the squads for next month's white-ball tour of India, which includes three ODIs, five T20Is, and the ICC Men's Champions Trophy 2025, as reported by the ICC.

time-read
1 min  |
December 23, 2024
Sports Minister flags off 'Fit India Sundays on Cycle' initiative in Delhi
The Statesman

Sports Minister flags off 'Fit India Sundays on Cycle' initiative in Delhi

Keeping continuity with the Fit India Cycling Drive launched earlier this week, Union Sports Minister Mansukh Mandaviya flagged off the 'Fit India Sundays on Cycle' initiative at the Major Dhyan Chand National Stadium here on Sunday.

time-read
1 min  |
December 23, 2024
Pro Kabaddi League: Puneri Paltan aim to finish season on high as tribute to fans
The Statesman

Pro Kabaddi League: Puneri Paltan aim to finish season on high as tribute to fans

The defending champions of the Pro Kabaddi League (PKL) Puneri Paltan have not had the best season by their lofty standards.

time-read
1 min  |
December 23, 2024
ISL: NorthEast United aim to regain form against struggling Hyderabad
The Statesman

ISL: NorthEast United aim to regain form against struggling Hyderabad

Hyderabad FC are hosting NorthEast United FC when the two sides face off in the Indian Super League (ISL) 2024-25 at the GMC Balayogi Athletic Stadium on Monday.

time-read
1 min  |
December 23, 2024
G Trisha, spinners star as India win inaugural U19 Women's Asia Cup title
The Statesman

G Trisha, spinners star as India win inaugural U19 Women's Asia Cup title

G Trisha stood tall to hit a fine 52 while spinners took seven wickets collectively as India beat Bangladesh by 41 runs to become first-ever winners of the inaugural U19 Women's Asia Cup at the Bayuemas Cricket Oval on Sunday.

time-read
1 min  |
December 23, 2024
BBL: McSweeney hits fiery 78 to guide Heat to thrilling win after Australia snub
The Statesman

BBL: McSweeney hits fiery 78 to guide Heat to thrilling win after Australia snub

Australia batter Nathan McSweeney, who was dropped from the Test side after playing three games in the ongoing Border-Gavaskar Trophy series against India, bounced back to form with a scintillating 78-run innings to help Brisbane Heat register a thrilling last-ball win against the Adelaide Strikers in the Big Bash League (BBL) on Sunday.

time-read
1 min  |
December 23, 2024
BGT: Richardson 'excited' to return to Oz Test squad
The Statesman

BGT: Richardson 'excited' to return to Oz Test squad

Australia have added Richardson as an extra pace option after a calf injury ruled Josh Hazlewood out of the series

time-read
2 mins  |
December 23, 2024