Sunrise Asian News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Markets likely to open flat in line with mixed Asian markets
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Stock market indices open mixed with minor gains; Sensex opens above 58,400, Nifty crosses 17,400-mark
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Sebi bans 85 entities from capital mkts for fraudulent trading
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SEBI bans 85 entities from capital market over share price manipulation
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DCB Plus N Holdings and its partner Prashant Jain have settled with markets regulator Sebi a case of alleged fraudulent trading in the shares of Sunrise Asian Ltd, by paying a total amount of Rs 2.23 crore towards settlement charges. An amount of Rs 2.23 crore as the settlement amount, inclusive of the compounding charges and Rs 1.35 lakh as legal cost, has been paid by them, according to the settlement order. DCB Plus N Holdings and Jain (applicants) had filed an application with the regulator proposing to settle the matter without admitting and denying the alleged violation of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms.