Sebi Again Bans Ex-Stock Broker Ketan Parekh for Front-Running
Millennium Post Kolkata|Kolkata 04January2025
Former stock broker Ketan Parekh, who shook India's stock market at the turn of the century in one of the worst financial scandals in its history, has been banned by the securities market regulator, this time for allegedly front-running trades of a US-based fund.

NEW DELHI:

The Securities and Exchange Board of India (Sebi) on Thursday prohibited Parekh and others from buying and selling securities, as well as associating with any entity registered with the regulator, an order published on SEBI's website showed, Bloomberg reported. The regulator investigated trades undertaken by individuals and brokers associated with Parekh over a two-year period ending June 2023, the order said.

This story is from the Kolkata 04January2025 edition of Millennium Post Kolkata.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the Kolkata 04January2025 edition of Millennium Post Kolkata.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MILLENNIUM POST KOLKATAView All
Millennium Post Kolkata

'Deva is a piece of my heart'

On Sunday, Kapoor unveiled the film's teaser to fans at the Carter Road Amphitheatre

time-read
1 min  |
January 07, 2025
Millennium Post Kolkata

Bringing smiles to the faces of UNDERPRIVILEGED CHILDREN

The New Year celebration was held at 'Gurukul', a children's refuge

time-read
2 mins  |
January 07, 2025
Millennium Post Kolkata

Golden Globes 2025 'The Brutalist', 'Shogun', and 'Emilia Pérez' win top honours

'The Brutalist' also won the prestigious 'Best Film' Golden Globe

time-read
1 min  |
January 07, 2025
Millennium Post Kolkata

Harman rested, Smriti to lead India vs Ireland

Prolific opener Smriti Mandhana was on Monday named captain of the Indian women's team for this month's three-match home ODI series against Ireland after regular skipper Harmanpreet Kaur was rested.

time-read
1 min  |
January 07, 2025
Millennium Post Kolkata

Toughest SCG pitch: Smith on missing 10K runs milestone

Veteran Australian batter Steve Smith has said he had never encountered a wicket like the one at the SCG, after falling one run short of reaching 10,000 career runs in the five-match Test series against India for the Border-Gavaskar Trophy.

time-read
1 min  |
January 07, 2025
Millennium Post Kolkata

A split in Tests? Cricket boards mull idea of 2-tier system

The ICC in collaboration with cricket boards of India, Australia and England is exploring the possibility of a two-tier Test system to facilitate more series between big three nations.

time-read
1 min  |
January 07, 2025
Millennium Post Kolkata

A point made: Diallo stages rescue act vs Liverpool

Scores to halt United's losing streak as Liverpool fail to extend lead to eight points

time-read
2 mins  |
January 07, 2025
Millennium Post Kolkata

Malaysia Open: Satwik-Chirag India's best bet, women minus Sindhu

In Sindhu's absence, other Indian players - Malvika Bansod, Aakarshi Kashyap and Anupama Upadhyaya will look to make a mark

time-read
2 mins  |
January 07, 2025
Millennium Post Kolkata

Gauff warms up for Australian Open with Swiatek's scalp and United Cup trophy

The 20-year-old American won all five of her singles matches at the United Cup in straight sets

time-read
1 min  |
January 07, 2025
Millennium Post Kolkata

Sriram, Reyes-Varela advance; Nagal exits

N Sriram Balaji and Miguel Reyes-Varela advanced to the Adelaide International pre-quarterfinals while Sumit Nagal fought hard before making an early exit at the Auckland ASB Classic on Monday.

time-read
1 min  |
January 07, 2025