Amazon.com has asked the country’s market regulator to investigate Future Retail for insider trading, it showed a letter seen by Reuters, as it seeks to prevent its business partner from becoming part of rival empire Reliance. The firm has been lobbying the Securities and Exchange Board of India (Sebi) to …
Read More »Amazon Accuses Future Group of Insider Trading As It Seeks to Block RIL Deal
New Delhi: Amazon.com Inc has asked the Indian market regulator to investigate Future Retail Ltd for insider trading, it showed a letter accessed by Reuters as it seeks to prevent its business partner from becoming part of the empire of his rival Reliance. The US giant has been lobbying the …
Read More »Sebi sanctions the Kirloskar brothers on fraud charges
MUMBAI : Mumbai: The Indian Securities and Exchange Board (Sebi) on Wednesday, through three orders, imposed sanctions on the three Kirloskar brothers for acts of fraud while trading in the shares of Kirloskar Brothers Ltd (KBL) in 2010. Kirloskar Industries Ltd, for the another has been charged for breach of …
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