استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

'No insider trade at IndusInd Bank'

May 02, 2025

|

Mint Mumbai

The stock market regulator has closed its investigation into potential insider trading violations by top IndusInd Bank executives, a person aware of the matter said, as it found all disclosures in place and no evidence of wrongdoing.

- Gopika Gopakumar

'No insider trade at IndusInd Bank'

The Securities and Exchange Board of India (Sebi) had sought information from the private lender about the trades executed by Sumant Kathpalia and Arun Khurana—IndusInd Bank's chief executive officer (CEO) and deputy CEO who have since resigned—while they were in possession of unpublished price-sensitive information.

"Sebi asked for some data, but nothing was found. Because it (the trade) was done after they vested the Esops. It was announced. They didn't do it without informing," the person said on the condition of anonymity, adding all disclosures were made.

In March, IndusInd Bank reported improper accounting in forex derivatives that blew a ₹1,960 crore hole in its books, triggering a crash in its stock price, audits by PricewaterhouseCoopers (PwC) and Grant Thornton, and the exit of top executives amid regulatory scrutiny.

المزيد من القصص من Mint Mumbai

Mint Mumbai

Mint Mumbai

'Chips require long-term plan'

India needs long-term, step-by-step ecosystem-building, alongside sustained investment in research and development (R&D), to achieve semiconductor capabilities, essential for a major global economy given silicon chips' role in the information age, according to economist and Niti Aayog member Arvind Virmani.

time to read

1 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

EU halts GSP export benefits; ‘Chips require long-term plan’

The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from 1 January, a move that will impact the country’s shipment to the 27-nation bloc.

time to read

1 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Banks renew push to unsecured loans

India's banks are cautiously reopening the tap on unsecured lending, as policy rate cuts drive margin pressure and risks stay largely under control.

time to read

3 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Carmakers on edge as date with CAFE-III draws close

Carmakers are staring at a compliance window of less than 15 months to start getting close to stringent upcoming emission targets that are expected to come into effect from April 2027.

time to read

2 mins

January 23, 2026

Mint Mumbai

Global PE giants eye IPL champions RCB

Blackstone, Temasek weigh bids; deal may value RCB at $1.4-1.8 bn

time to read

2 mins

January 23, 2026

Mint Mumbai

BUDGET TO KEEP FISC STEADY AMID GLOBAL STORM

The Union Budget for FY27 is being formulated against the backdrop of some positive surprises, despite a highly volatile and uncertain global environment.

time to read

3 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Govt may raise allocation for power distribution reforms

Revamped Distribution Sector Scheme is likely to get ₹18,000 crore in the FY27 budget

time to read

2 mins

January 23, 2026

Mint Mumbai

Pet care startups eye users to compete with FMCG giants

Direct-to-consumer (D2C) pet care brands are leaning on subscription models to lock in customers, betting that repeat purchases can help them counter the scale and distribution advantage of India's largest packaged consumer goods players as the niche segment heats up.

time to read

2 mins

January 23, 2026

Mint Mumbai

IT majors face weak FY26 despite Q3 earnings beats

Four top IT services firms are heading into Q4 with weaker full-year trajectories than last year

time to read

3 mins

January 23, 2026

Mint Mumbai

Here's how to build an education fund in a high-inflation economy

With education inflation running at 10-12% annually, far outpacing CPI, parents must rethink savings strategies

time to read

4 mins

January 23, 2026

Listen

Translate

Share

-
+

Change font size