 "sebi")
The Securities and Exchange Board of India (Sebi) asked Tata Motors to probe the leak of its December 2015 quarter earnings on social media platform WhatsApp.
A preliminary examination by the markets regulator showed the financial numbers circulated through WhatsApp posts closely matched the actual results.
Sebi has directed Tata Motors to "conduct an internal inquiry into the leakage of unpublished price-sensitive information (UPSI) relating to its financial results and take appropriate action against those responsible". It has given three months to the Tata Group company for completing the probe.
Sebi has also the company to strengthen its processes, systems and controls to
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