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Fortis Malar Hospitals to Sell Malar Hospital in Chennai for Rs 45.5 Crore to MGM Healthcare

Adjunct to this transaction, the OPD and radio diagnostics business operations related to the Malar Hospital, including the land and building, and the adjacent land parcels, are also being divested by two wholly owned subsidiaries of Fortis Healthcare Ltd Fortis Health Management Ltd, and Hospitalia Eastern Pvt Ltd to MGM, it added. Fortis Malar Hospitals to Sell Malar Hospital in Chennai for Rs 45.5 Crore to MGM Healthcare. ....

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SEBI Bans Five Entities in LIC Front Running Case, Impounds Rs 2.44 Crore

Financial markets regulator Securities and Exchange Board of India (SEBI) has banned three individuals and two entities (in total five) from securities markets in a case of front-running trades in Life Insurance Corporation of India. aaa ....

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PC Jeweller Insider Trading: SEBI Imposes a Penalty of Rs1 Crore on Five Entities, Bars Them from Market for 1 Year


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Market regulator Securities and Exchange Board of India (SEBI) has imposed a total penalty of Rs1 crore on four individuals and an entity while barring them from the market for one year in a case of alleged insider trading activities in the shares of PC Jeweller.
 
The individuals and entity facing the action are Shivani Gupta, Sachin Gupta, Amit Garg, Balram Garg and Quick Developers Pvt Ltd (QDPL). A fine of Rs20 lakh has been imposed on each of them. The regulator has also restrained them from dealing with the securities of PC Jeweller, directly or indirectly, for two years. ....

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