Oct 25, 2021 08:52 PM IST
During their employment with Titan, they had transacted in securities of Titan but failed to make requisite disclosures to the firm as required under PIT norms.
- Oct 08, 2021 08:07 PM IST
The authorised representative– Pradeep kumar Dhoot– was the insider who traded on behalf of the promoter the company, CE India Ltd, during the UPSI period.
- Sep 30, 2021 04:24 PM IST
Insider trading cases are not uncommon. What made this particular case intriguing was the involvement of two ex-employees of rival IT companies that often compete for the same projects. Moneycontrol pieces together the investigation and how Sebi cracked the case.
- Sep 29, 2021 12:17 PM IST
Two employees named were Ramit Chaudhri, Infosys executive and Keyur Maniar, a Wipro employee, who traded Infosys' scrips right after the announcement of Infosys' Vanguard deal in July 2020.
- Sep 27, 2021 10:58 PM IST
The regulator said a detailed investigation in the matter is in progress which may bring out additional roles of omission or commission, of these five persons, if any, in detail.
- Sep 19, 2021 10:48 PM IST
The Pune-based non-banking finance company submitted the audio recording of the investor call through stock exchange filing on Sunday.
- Sep 15, 2021 05:50 PM IST
Following his resignation, Bhutada ceases to be a Director and key managerial personnel of the company.
- Sep 06, 2021 08:21 PM IST
The investigation was conducted to ascertain whether there was any violation of the provisions of the PFUTP (Prohibition of Fraudulent and Unfair Trade Practices ) Regulations by certain entities while trading.
- Aug 24, 2021 08:12 PM IST
In six separate orders, Sebi said these individuals were employees or designated persons of Titan at the time of the violation.
- Jul 09, 2021 09:08 PM IST
Mazumdar-Shaw's tweet came after Sebi barred Allegro Capital and one of its senior executives from the securities market for one year in a case related to alleged insider trading activities in the shares of Biocon.
- Jun 29, 2021 07:23 PM IST
The regulatory amendments issued by Sebi also cover asset management companies, audit committees, real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).
- Jun 02, 2021 06:14 PM IST
On May 31, SEBI banned eight entities and individuals selling and buying securities directly or indirectly until further notice. Two of them were Infosys employees.
- Jun 01, 2021 07:56 PM IST
In an order dated May 31, the market regulator Securities and Exchanges Board of India banned eight entities and individuals, including two Infosys employees, from selling and buying securities directly or indirectly until further notice. They were also fined Rs 3.06 crore.
- Jun 01, 2021 04:16 PM IST
Infosys Insider Trading: Based on an extract of the Structured Digital Database related to the financial
results of Infosys for the quarter ended June 30, 2020, the Unpublished Price Sensitive Information (UPSI) came into existence on June 29, 2020. Thus, the UPSI period was from June 29, 2020 to July 15, 2020, Sebi said.
- Feb 16, 2021 10:03 AM IST
The tribunal has however directed Future Group’s promoters to deposit Rs 11 crore as an “interim measure.” The case to be heard next on April 12, 2021.
- Feb 03, 2021 11:02 PM IST
Kishore Biyani, other people and entities involved were also slapped with a penalty of Rs 3.7 crore.
- Apr 21, 2020 02:20 PM IST
In addition, he was also indulged in fraudulent trading activities in the shares of Incap.
- Apr 26, 2017 12:10 PM IST
Acting Manhattan US Attorney Joon Kim said Avaneesh Krishnamoorthy made approximately USD 48,000 in illicit profits through the insider trading scheme.
- Apr 05, 2017 05:37 PM IST
Bharti Airtel's promoter firm Indian Continent Investment has settled an alleged insider trading case after paying Rs 2.17 lakh towards settlement charges to regulator Sebi.
- Jan 03, 2017 08:26 PM IST
Sebi has settled a case involving a former Tech Mahindra official L Murali Madhvan, who allegedly violated insider trading norms with respect to sale of the company's shares, after he agreed to pay Rs 4.23 lakh as settlement fee.
- May 30, 2016 07:05 PM IST
Insider trading thus denotes use of price sensitive information by vested interests to make private gains or to avoid losses.
- Aug 04, 2015 07:12 PM IST
Besides, Jhunjhunwala has been ordered to disgorge about Rs 98.12 lakh within 45 days from the date of this order.
- May 22, 2015 10:43 PM IST
A Vellayan, chairman of Murugappa Group, released a statement today regarding charges of insider trading leveled against him.
- Nov 20, 2014 12:13 PM IST
The new rules in itself are unlikely improve the conviction rate when it comes to insider trading. That is because Sebi‘s problem so far has not been in proving that the accused was an insider.
- Oct 10, 2014 04:24 PM IST
"We are revising our prevention of insider trading regulations because we have discovered cases... unfortunately the cases are not just from small companies but also from big ones," Sebi Chairman U K Sinha said.