The Supreme Court, hearing a batch of pleas on the Adani-Hindenburg dispute, on Friday asked the Union government and the SEBI to explain what steps are they taking to prevent investors loss in future.
Over the next few months, the chances of the Indian equity market undergoing a correction are high, said a senior official of credit rating agency Acuite Ratings & Research.
The Centre has directed Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS) officers to inform if their total transactions in stock, share or other investments exceed their six months basic pay in a calendar year.
Dorsey is now worth $4.4 billion, according to Bloomberg Billionaires Index. His firm Block s shares nosedived as much as 22 per cent on Thursday, before closing down 15 per cent late on Thursday.