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SEBI fines Yes Bank for fraudulent acts on customers in Super FD scheme

Yes Bank has been fined Rs 25 crore by the Securities and Exchange Board of India (SEBI) for perpetrating "such fraudulent acts on its hapless and unsuspecting customers", in the sale of AT1 bonds.In a 61-page order by Adjudicating .

Strides Pharma may get transferred to a clutch of investors as promoters plan to exit

Strides Pharma may get transferred to a clutch of investors as promoters plan to exit December 30, 2020 Company’s vaccine facility likely to go on stream in January Strides Pharma Science Limited, with no successors to take the company forward, is at crossroads as promoters are planning to exit. With their plan to exit the company, it is learnt that the company may get transferred to a clutch of investors. “The company is expected to be transferred to a clutch of investors as the promoters are looking to exit for personal reasons,” said a veteran pharma specialist, who did not want to be identified.

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