Essayer OR - Gratuit
Inside Sebi's 30-month investigation
Mint Chennai
|January 06, 2025
Though independent directors do not oversee a company's daily operations, Sebi has said that there is direct evidence of their involvement in the scam.
"Sebi has made the independent directors Priya Saraf and Pradeep Kumar Saraogi prima facie guilty as their physical computer systems were used for trading. If found guilty, they should be made personally liable," said Tushar Ajinkya, managing partner at ThinkLaw, a Mumbai-based law firm.
Emails sent to Salasar Stock Broking's directors (Kiran Kumar Sonthalia and Shyam Saraogi), Rachit Poddar and Anirudh Damani did not elicit a response.
ARE REFERRALS WRONG?
Was the agreement between SCPL and Motilal/Nuvama wrong? This question arises as Sebi has called the ₹8.06 crore and ₹19 crore commission income earned by Salgaocar from Motilal and Nuvama, respectively, "unlawful gain".
Cette histoire est tirée de l'édition January 06, 2025 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
Thirty years on, Pokémon is still a monster hit
The monsters are everywhere.
2 mins
March 04, 2026
Mint Chennai
Samsung exits telecom gear PLI; scheme disbursals drag
Samsung had topped the smartphone PLI scheme, but did not start on telecom production
3 mins
March 04, 2026
Mint Chennai
TaMo, M&M deny reports, say Indonesia export deal’s intact
Homegrown commercial vehicle (CV) companies Tata Motors Ltd (TaMo) and Mahindra and Mahindra Ltd (M&M) said they have received no communication from Indonesia regarding the suspension of one of their largest export orders, dismissing reports that the deal will be put on hold.
2 mins
March 04, 2026
Mint Chennai
US Navy flags China output of advanced nuclear-armed subs
The Chinese Navy has “dramatically increased” submarine production and could soon deploy a new vessel that’s able to hit “large portions” of the US with nuclear missiles from Chinese waters, according to the head of intelligence for the US Navy.
2 mins
March 04, 2026
Mint Chennai
The ‘orange economy’ offers a path to inclusive growth
A new term that entered the lexicon after India's budget for 2026-27 was the ‘orange economy.’
3 mins
March 04, 2026
Mint Chennai
Accenture wins Estée Lauder biz in $100 million dent for Wipro
Wipro Ltd faces an annual dent up to $100 million, as American cosmetics brand Estée Lauder has shifted the Bengaluru tech services company’s share of work in a half-billion dollar, five-year deal to Accenture Plc.
1 min
March 04, 2026
Mint Chennai
Toyota founding family Is biggest winner in unit takeover battle
Toyota is poised to become part of a new power centre after an unprecedented battle with Elliott Investment Management
6 mins
March 04, 2026
Mint Chennai
The case for upgrading your Bluetooth tracker
Apple's latest AirTag has better range and stronger alerts, while rivals offer alternatives for Android users
4 mins
March 04, 2026
Mint Chennai
White collar jobs mkt grew 12% in Feb
India’s white-collar job market recorded a 12% year-on-year (yo-y) growth in February, amid increasing AI adoptions and a recovery in the IT sector, a report said on Tuesday.
1 min
March 04, 2026
Mint Chennai
Oil shock, airspace closure test IndiGo’s hard-won recovery
Shares of InterGlobe Aviation Ltd (IndiGo) fell the most among Nifty 50 constituents on Monday, sliding over 6% amid a broader selloff triggered by tensions in West Asia.
1 mins
March 04, 2026
Listen
Translate
Change font size