MARKETS REGULATOR SEBI has uncovered a front-running scheme involving PNB MetLife equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore. The front-running by these entities continued for more than three years. Sebi, through an interim order, prohibited Dagli and eight others from the securities market and impounded the unlawful gains made by them.
In a statement on Sunday, PNB MetLife stated that it has fully cooperated with Sebi in the investigation and taken disciplinary action against the individual involved. "In line with our internal processes, we have taken disciplinary action. PNB MetLife is committed to upholding the highest standards of corporate governance, transparency, and integrity," the statement noted.
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Denne historien er fra December 23, 2024-utgaven av Financial Express Kochi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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DDF Strengthens its Senior Management Team
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Demerit act by Kohli on Konstas' striking debut
● Indian fined 20% fee for shoulder barge with teenager
Long years of inward-looking policies by govts to blame
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China Clears World's Largest Dam in Tibet Near India Border
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Govt mulls tax relief for middle class
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Dhindsa: Talk less, deliver more
IT IS SUCH attention to detail that's helping Blinkit leave the competition behind by a mile.
A weak rupee may jack up import bills
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Skilled jobs can power urban development
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In a first, EatSure launches multi-restaurant ordering
EATSURE, THE D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order.
World Looks at India for Youth Power: PM on Veer Bal Diwas
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