Sebi asked asset management companies (AMCs) to introduce an "institutional mechanism" for identification and deterrence of potential market abuse, including front-running and fraudulent transactions in securities.
Top news on 6 April: Tesla is on the lookout for a local partner to establish its operations in India. SC rejected the affidavits submitted by Ramdev and Patanjali s MD Acharya Balkrishna, which offered an unconditional apology in the misleading ads case
CareEdge, Crisil, and ICRA Ratings have placed IIFL Finance under rating watch following the RBI ban on giving new gold loans. Neither of the rating companies has revised the ratings of both finance companies.