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Front-running case: Sebi bans 9 entities from mkt
December 23, 2024
|Hindustan Times West UP
Markets regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore.
NEW DELHI: The front-running by these entities continued for more than three years.
Sebi, through an interim order, prohibited Sachin Bakul Dagli and eight other entities 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.
هذه القصة من طبعة December 23, 2024 من Hindustan Times West UP.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times West UP
Hindustan Times West UP
9 killed in Andhra temple stampede
At least nine people — eight women and a boy — were killed and many others injured in a temple stampede at Kasibugga in Srikakulam district of Andhra Pradesh on Saturday, said an official.
1 mins
November 02, 2025
Hindustan Times West UP
Where is all your money going?
The official inflation numbers don't currently match the rate you experience - at the grocery store, the hospital, the child's school. Why does this happen, and how bad is it? What can you do to safeguard against the erosion of earnings, savings and household budgets? Kashyap Kompella explores personal inflation
5 mins
November 02, 2025
Hindustan Times West UP
When numbers lose all meaning
We hear the word “inflation” and think of prices (of food, fuel, medication, rent). But inflation’s reach goes far beyond markets, and can seep into how we measure worth itself.
2 mins
November 02, 2025
Hindustan Times West UP
Leisure as time for intellectual renewal
My advice to newly recruited civil service officers has always been that, in addition to their profession, they must cultivate a hobby or sport.
3 mins
November 02, 2025
Hindustan Times West UP
'After 2005, Bihar grew under my govt
Asserting that “being a Bihari is now a matter of pride”, Bihar Chief Minister Nitish Kumar on Saturday urged people to once again vote for the NDA in the upcoming assembly polls for faster development of the state.
1 min
November 02, 2025
Hindustan Times West UP
CARNEY SAYS HE APOLOGISED TO TRUMP OVER REAGAN ADVERT
Canadian Prime Minister Mark Carney said on Saturday he had apologised to US President Donald Trump over an anti-tariff political advertisement and had told Ontario Premier Doug Ford not to run it.
1 min
November 02, 2025
Hindustan Times West UP
At ASEAN, Rajnath backs inclusive, free Indo-Pacific
Defence minister Rajnath Singh on Saturday put the spotlight on the Indo-Pacific region and said it must remain free from coercion, reiterating India’s position that a rules-based international order is a must for peace, prosperity and stability in the vast maritime expanse.
1 mins
November 02, 2025
Hindustan Times West UP
Ode to November and memories of autumn
We don't really have an autumn in Delhi. Our summer merges into winter with only a brief transition heralded by the passage of Diwali. This means Keats's Ode to Autumn is just a poem for us. His “season of mists and mellow fruitfulness” is a haunting description, nota lived reality.
2 mins
November 02, 2025
Hindustan Times West UP
Cloud-capped star, auteur of Partition
Ritwik Ghatak’s films and writings humanised the art of cinema on an epic scale. The pioneering filmmaker, whose 100th birthday falls on Tuesday, was an original voice who captured the tragedy and trauma of exile
5 mins
November 02, 2025
Hindustan Times West UP
CM: Once reeling under corruption, India has regained global stature
Chief minister Yogi Adityanath on Saturday said that India has “redefined itself from Gorakhpur to the globe” with renewed confidence and command, driven by transformation through technology, innovation, and capable, youth-driven leadership.
1 min
November 02, 2025
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