Briefs

Sebi Bars TV Anchor From Securities Market

Mumbai: Securities and Exchange Board of India (Sebi) on Monday barred television journalist Pradeep Pandya, along with three other individuals and two entities, from the securities market for following fraudulent practices in trading.

Sebi’s interim order against CNBC Awaaz’s Pradeep Pandya, who anchors stock market shows on the channel, Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF and Manish V Furiya HUF, restrained them from buying, selling or dealing in securities till further orders.

Sebi also directed impounding of Rs 8.4 crore worth proceeds from the fraudulent trades.

Pandya and Alpesh have been asked to “cease and desist” from any activity related to giving investment advice, sell or buy recommendations through any media.

OB Bureau
Share
Published by
OB Bureau

Recent Posts

PIL In Supreme Court Alleges Failure Of Authorities For Stampede At Mahakumbh

Allahabad: A Public Interest Litigation (PIL) has been filed before the Supreme Court under Article… Read More

5 minutes ago

Fans Injured At Ranji Match In Chaos To See Virat Kohli, Know More

New Delhi: As Virat Kohli returned to the Ranji Trophy, there was chaos outside the… Read More

26 minutes ago

2 Indian Fugitives Facing Interpol Red Notice Deported From Thailand, US

Kolkata: Two fugitives were arrested in coordinated operations by the CBI after being deported to… Read More

37 minutes ago

Odisha Attracts Rs 8155 Cr Worth Proposals Promoting Destination Weddings, MICE Tourism

Bhubaneswar: The Mohan Majhi government attracted investment intents worth Rs 8,155 crore, promoting Odisha for… Read More

1 hour ago

Odisha’s First Automated Vehicle Fitness Testing Centre Comes Up In Cuttack

Bhubaneswar: To enhance the accuracy of motor vehicle fitness inspections, the Odisha government has set… Read More

2 hours ago

19 Bodies Fished Out Of River After Jet-Chopper Collide Midair Near Washington [Watch]

Washington: At least 19 were killed after an American Airlines passenger flight—carrying 60 passengers and… Read More

2 hours ago