"At this stage, taking into account the explanations provided by SEBI, supported by empirical data, prima facie, it would not be possible for the Committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the expert committee said in its report submitted to the apex court earlier this month.
The committee noted that it was submitted by Sebi that while the price of shares of Adani Enterprises Ltd. (AEL) rose, no evident pattern of manipulative contribution to price rise could be attributed to any single entity or group of connected entities.
Esta historia es de la edición May 20, 2023 de The Statesman.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición May 20, 2023 de The Statesman.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Tijil takes LGB Formula 4 overall title; Navaneeth seals Continental Cup at National Racing Championship finale
Twenty-two-year-old Bengaluru boy Tijil Rao from Dark Don racing capped a brilliant run to his entire season as he sealed the drivers' championship in the LGB Formula 4 category in the 27th edition of the JK Tyre FMSCI National Racing Championship.
Sinner dispatches Ruud to reach ATP Finals title match
Jannik Sinner moved to within one win of capping his standout season in style when he dispatched Casper Ruud 6-1, 6-2 to reach the title match at the ATP Finals for the second consecutive year.
Aaqib Javed likely to become Pak's new white-ball head coach
Former pacer Aaqib Javed is in line to become Pakistan's new white-ball head coach ahead of the Zimbabwe tour, scheduled to begin on November 24.
Odisha wins 14th Hockey India Senior Men National Championship 2024
The Hockey Association of Odisha on Saturday emerged victorious over Hockey Haryana to claim the 14th Hockey India Senior Men National Championship title at the Mayor Radhakrishnan Hockey Stadium in Chennai.
Women's Asian Champions Trophy: India beat Japan 3-0
Deepika powers the ball over the keeper and into the goal, making it 3-0 in India's favour
Smith reveals plans for facing Ashwin during upcoming Border-Gavaskar Trophy
Australian batter Steve Smith opened up on his battles with Indian ace spinner Ravichandran Ashwin over the years and revealed how he would face him during the upcoming Border-Gavaskar Trophy against India at home.
CNFF-24: A meaningful initiative to encourage responsible film making
It was a film festival with differences that underlined various intriguing contents covering the loneliness in older people, human affection, youth aspiration, environmental protection, and the buoyant flavour of patriotism.
Sanamahi, the supreme God of Meiteis and other indigenous tribes
The story of Sanamahi in Meitei lore parallels the themes of creation seen in scientific theories, such as the Big Bang (Thille Pokaiba), that describe the origin of the universe.
Price of tomato declining: Centre
The Centre on Sunday claimed that the retail prices of tomatoes are on the decline with the fall in mandi prices.
Global pharma sector stares at lack of talent, specific skills: Report
Lack of specific skills and talents has been found to be the biggest obstacle for pharmaceutical companies in their digital transformation journey, according to a new report.
