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    HomeNewsBusinessMarketsSEBI to investigate possible leak of company earnings

    SEBI to investigate possible leak of company earnings

    A Reuters investigation documented at least 12 cases of prescient messages about major Indian companies being posted in private WhatsApp groups.

    Reuters
    November 17, 2017 / 10:58 IST

    The Securities and Exchange Board of India (SEBI) will investigate possible leaks of company earnings in social media chatrooms, its chief Ajay Tyagi said on Friday.

    A Reuters investigation documented at least 12 cases of prescient messages about major Indian companies being posted in private WhatsApp groups.

    "We will certainly investigate the issue. It is a work in progress," Tyagi, Chairman of SEBI, India's market regulator, told Reuters, when asked what action the regulator was considering.

    Reuters
    first published: Nov 17, 2017 10:45 am

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