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5 7 lakh retail investors stuck in Brightcom Group, as NSE, BSE suspend trading from June 14

5 7 lakh retail investors stuck in Brightcom Group, as NSE, BSE suspend trading from June 14
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Andhra pradeshShankar sharmaSubrato sahaGlobal opportunities fundVanguard total international stock index fundVanguard emerging markets stock index fundBrightcom groupBombay stock exchangeNational stock exchangeOpportunities fund

Brightcom Group: SEBI Suggests ED Examination in Overseas Loan Settlement by Ex-CMD Suresh Kumar Reddy

Confirming its interim directions against 20 entities in the Brightcom Group Ltd (BGL) matter, the Securities and Exchange Board of India (SEBI) suggested an examination and action if required by the directorate of enforcement (ED) in the settlement of loans advanced to M Suresh Kumar Reddy, former chairman and managing director (CMD) and his companies abroad through allotment of shares in India.

Subrato sahaM suresh kumar reddyVaradarajan prakashKishan prakashPooja rajendra prasad poddarManju shivkrishna damaniSuresh kumar reddySushila devi poddarKishan prakashVarun shivkrishna damaniSanjib hirendra chakrabortyShankar sharmaNarayan rajuAnkit kumar alyaSuresh reddyPrerna varun damani

Brightcom Group, CMD, CFO Siphoned Off Proceeds of Preferential Allotments, says SEBI Also Bars Shankar Sharma, Others from Selling Brightcom Shares

After finding Brightcom Group Ltd (BGL), its promoter, chairman and managing director (CMD) M Suresh Kumar Reddy and chief financial officer (CFO) Narayan Raju were involved in round-tripping of BGL s own funds in a circular fashion to falsely portray receipt of consideration from allottees of preferential allotments and siphoning off of proceeds of preferential allotments, Securities and Exchange Board of India (SEBI) barred top executives of the company as well as investor Shankar Sharma from offloading or disposing of their shareholding in the company.

Ankit kumar alyaShivkrishna harakchand damaniKishan prakashVarun shivkrishna damaniM suresh kumar reddyKishan prakashShankar sharmaYerradoddi ramesh reddyManju shivkrishna damaniRy srinivasa raoSubrato sahaPrerna varun damaniSuresh kumar reddySushila devi poddarPooja rajendra prasad poddarVijay kancharla

AquaChemie inaugurates $50m petrochemicals terminal at Jebel Ali Port

AquaChemie Middle East, a unit of UAE-based AquaChemie Group, has inaugurated a petrochemical terminal at Jebel Ali Port in Dubai.

United kingdomMott macdonaldSubrato sahaAnand kumarInforma markets united kingdomMiddle eastJebel ali portChemie middle eastInforma markets

AquaChemie opens $50m petchem terminal in Jebel Ali Port

AquaChemie Middle East, a leading regional player for process industry chemicals in the GCC region, has opened its AED184 million ($50 million) world-class Petrochemical Terminal in DP World’s Jebel Ali Port in Dubai.

United arab emiratesJebel aliMott macdonaldSubrato sahaAnand kumarChemical distribution instituteChemie middle eastPetrochemical terminalJebel ali portMiddle eastChemical terminalChemical berthAbdullah bin damithanConsul generalNorthern emiratesManaging director

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