The SAT has concluded that the information said to have been possessed by the Roys when the traded in the NDTV shares was not price sensitive, contrary to the SEBI findings on this aspect.
Data clearly shows that filling up vacancies at the Securities Appellate Tribunal has not always been high on the government’s priority list; currently it is one member short
Meanwhile, the world's largest stock investor, Norway's sovereign wealth fund, said on Thursday it had sold its stake in Adani Group worth around $200 million.
Shares of India's Adani Enterprises (ADEL.NS) sank 20% on Friday as a scathing report by a US short seller triggered a rout in the conglomerate's listed firms, casting doubts on how investors will respond to the company's record $2.45 billion secondary offer.