Passing a 62-page confirmatory order, the regulator said the eight entities are now barred from buying, selling or dealing in securities of PFL till further orders.
The alleged insider trading predates to early this year when Adar Poonawalla had publicly disclosed his intent to acquire a controlling stake in the erstwhile Magma Fincorp, now Poonawalla Fincorp
Market regulator Securities and Exchange Board of India (SEBI) has barred Abhay Bhutada, managing director (MD) and chief executive officer (CEO) of Poonawalla Fincorp (erstwhile Magma Fincorp)
Poonawalla Fincorp MD & CEO Abhay Bhutada Resigns After SEBI Bars Him and 7 Others For Insider Trading in Magma Fincorp moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
Pune College professor held, booked after making sexual advances towards girl student ANI | Updated: Jul 15, 2021 09:40 IST
Pune (Maharashtra) [India], July 15 (ANI): A college professor of Desai College has been arrested by Pune city police for allegedly making sexual advances towards a girl student.
According to the police, the incident was revealed after the girl informed her parents. Parents and some local activists went to the college and assaulted the professor, threw ink on his face besides registering an FIR with the police.
As per the complaint registered with the police, the professor told the girl student that she will be given extra marks in the exam in exchange for entering into a relationship with him.