Market regulator SEBI has disposed of a show cause notice (SCN) issued against the promoter and director of Havells India Ltd (HIL) along with his family members for allegedly violating the provisions of the prohibition of insider trading (PIT) regulations. SEBI says the trading patterns of Surjit Kumar Gupta, promoter and director of HIL, Ajay Kumar Gupta, son-in-law of Surjit Gupta and Sadhu Ram Gupta, father of Ajay Gupta (noticees) do not seem to be unusual to qualify as being influenced by unpublished price sensitive information (UPSI).
Every year, we first hear prayers for a bountiful monsoon. After a few weeks, the prayers turn into the nursery rhyme, Rain Rain Go Away as people struggle with the usual issues of water logging and potholes on the roads. All this is reported in newspapers and on TV channels on a cyclical basis. If you watch carefully, confidence tricks and scams, now graduated to cyberspace, follow a similar pattern.
Market regulator SEBI has disposed of a show cause notice (SCN) issued against the promoter and director of Havells India Ltd (HIL) along with his family members for allegedly violating the provisions of the prohibition of insider trading (PIT) regulations. SEBI says the trading patterns of Surjit Kumar Gupta, promoter and director of HIL, Ajay Kumar Gupta, son-in-law of Surjit Gupta and Sadhu Ram Gupta, father of Ajay Gupta (noticees) do not seem to be unusual to qualify as being influenced by unpublished price sensitive information (UPSI).
PITTSBURG, Kan. Incoming Pittsburg State freshman Anjali Gupta is looking to continue the legacy her father started. “It is really rewarding for me because I was included in the top 2% scientist list and she beat me in 1%. So she’s the 1% student in Kansas. This is really amazing,” said Dr. Ram Gupta, […]