In a CNBC-TV18 exclusive we learn that Nimesh Kampani comes back to India after Andhra Pradesh High Court stayed proceedings against Kampani last week. CNBC-TV18ís Sajeet Manghat reports.
Chief of Bureau, CNBC-TV18
Nimesh Kampani, chairman of JM Financial, has returned to
It is learnt from sources that Kampani has arrived into
The Andhra Pradesh High Court last week stayed proceedings against Kampani and also quashed a look-out notice against him.
The stock of JM Financial immediately rose on the stock exchange on news of Kampaniís return and, at the time of writing, was up 2%.
Set email alert for
ADS BY GOOGLE
video of the day
Budget 2015-16: Revive capex through savings on cheap crude says Kotak Sec