SEBI cracks down on firms diverting funds for personal use

Mumbai, March 21 : The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers. SEBI is reported to have initiated investigations against these companies for the alleged illegal diversion of funds by promoters to…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Latest News

NRI deposits post sharp August surge to $83 billion

MUMBAI, 17 October — Net deposits by non-resident...

String of missile attacks

NEW DELHI: Saudi Arabia has launched an investigation to...

Maritime guardians

NEW DELHI: Lighthouse tourism in India has risen from...

US sanctions ICC

US President Donald Trump's administration imposed sanctions on the...

When cleanliness becomes A PEOPLE’S MOVEMENT

For decades, rural sanitation remained a persistent development concern...

Topics

NRI deposits post sharp August surge to $83 billion

MUMBAI, 17 October — Net deposits by non-resident...

String of missile attacks

NEW DELHI: Saudi Arabia has launched an investigation to...

Maritime guardians

NEW DELHI: Lighthouse tourism in India has risen from...

US sanctions ICC

US President Donald Trump's administration imposed sanctions on the...

When cleanliness becomes A PEOPLE’S MOVEMENT

For decades, rural sanitation remained a persistent development concern...

The 2026 Nobel Prize winners have been

NEW DELHI: Navanethem “Navi” Pillay won the Nobel Peace...

Virat LinkedIn

Virat LinkedIn Former Indian skipper joins the platform to promote...

Choose to see, on Facebook

Meta has introduced new AI tools on Facebook that...
spot_img