Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Sebi bars former IndusInd CEO, four others from market
Hindustan Times Gurugram
|May 29, 2025
India's capital markets watchdog cracked down on IndusInd Bank Ltd's (IBL) former managing director and chief executive officer (CEO) Sumant Kathpalia, with four other senior officials for alleged insider trading, impounding gains of ₹19.78 crore and restraining them from trading in securities until further notice.
MUMBAI:
The five executives were issued show-cause notices over allegations of offloading shares while in possession of unpublished price sensitive information (UPSI) related to a massive accounting discrepancy.
Apart from Kathpalia, the Securities and Exchange Board of India's (Sebi's) order on Wednesday barred former executive director and deputy CEO Arun Khurana, treasury operations head Sushant Sourav, global markets group (GMG) operations head Rohan Jathanna and Anil Marco Rao, chief administrative officer of consumer banking operations from the market for alleged insider trading.
This story is from the May 29, 2025 edition of Hindustan Times Gurugram.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Gurugram
Hindustan Times Gurugram
21 SURRENDER IN YET ANOTHER BLOW TO MAOISTS
At least 21 Maoist cadres, including a division committee secretary, surrendered before police in Kanker district of Bastar Range on Sunday.
1 min
October 27, 2025
Hindustan Times Gurugram
VOTE FOR JAN SURAAJ TO END MIGRATION FOR JOBS: KISHOR
Jan Suraaj Party founder Prashant Kishor said that the party will bring an abundance of opportunities within the state and people won't have to leave their home towns in search of jobs, if they vote for the party in the upcoming Bihar elections.
1 min
October 27, 2025
Hindustan Times Gurugram
'Satish Shah's energy was unmatched'
Filmmaker Sudhir Mishra, co-writer of the story and screenplay of Jaane Bhi Do Yaaro (1983), fondly recalls working with actor Satish Shah on the film, who died on Saturday at the age of 74.
1 min
October 27, 2025
Hindustan Times Gurugram
The beautiful door is gone
A dispatch on the constantly altering city
2 mins
October 27, 2025
Hindustan Times Gurugram
Arsenal extend lead at the top as Man City lose at Villa
LONDON: Arsenal stretched their Premier League lead to four points as Eberechi Eze’s goal beat his former club Crystal Palace 1-0, while Manchester City lost 1-0 at Aston Villa on Sunday.
2 mins
October 27, 2025
Hindustan Times Gurugram
England's spinners and Jones star in win over New Zealand
England produced a textbook all-round performance to crush New Zealand by eight wickets in their final Women's World Cup league game in Visakhapatnam on Sunday.
1 mins
October 27, 2025
Hindustan Times Gurugram
6 thalassemic kids test HIV+ after getting ‘infected’ blood
Six children suffering from thalassemia have contracted HIV after they were allegedly administered infected blood during transfusions ata hospital in Jharkhand’s West Singhbhum district, prompting the state government to order a high-level investigation and suspend the civil surgeon and other officials concerned, officials aware of the matter said on Sunday.
1 mins
October 27, 2025
Hindustan Times Gurugram
Govt schools to teach about national pride, inclusiveness and governance
OFFICIALS SAID NEXT ACADEMIC SESSION WILL INCLUDE ALL 10 THEMES OF THE RASHTRANEETI PROGRAMME
1 mins
October 27, 2025
Hindustan Times Gurugram
Players must alert staff while going out: MP min
Amid an outrage over the alleged molestation of two Australian women cricketers in Indore, Madhya Pradesh minister Kailash Vijayvargiya on Sunday said cricket players must keep the local authorities informed while stepping out, as they are very popular in India.
1 min
October 27, 2025
Hindustan Times Gurugram
LENSKART TO LAUNCH IPO ON OCTOBER 31
Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise %2,150 crore through a fresh issue of shares.
1 min
October 27, 2025
Listen
Translate
Change font size