Get latest articles and stories on Latest News at LatestLY. Sebi on Thursday barred former CARE Ratings MD and CEO Rajesh Mokashi from associating with any registered intermediary for two years in a case pertaining to interference in the rating process of the rating firm in instruments issued by Dewan Housing Finance Ltd (DHFL). Latest News | Sebi Bans CARE Ratings Ex-CEO Mokashi from Associating with Registered Intermediary for 2-yr.
Exposing manipulative accounting adopted by Brightcom Group Ltd (BGL) and its promoters and directors, market regulator Securities and Exchange Board of India (SEBI) issued an interim order cum show cause notice to them.
Once a darling of millions of retail investors, Brightcom saw its share price zoom up from barely Rs 4 in April 2021 to a high of Rs 118 in December 2021. On April 13, the scrip ended at Rs 15.45.
Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs6 lakh each on Anant Rathore and Vijesh P Joshi, the two partners of Investment India Financial Services (IIFS), for illegal investment advisory services. Along with the fine of Rs6 lakh each, both are directed to refund Rs2.96 crore collected from clients for their illegal investment advisory. Both are banned from the markets for three years.