Page 5 - Insider Trading

Sebi levies Rs 12L fine on individual for insider trading in Infosys scrip

Markets regulator Sebi on Monday imposed a total fine of Rs 12 lakh on an individual for indulging in insider trading in the shares of Infosys Ltd

BoR insider trading case: SAT dismisses appeals against Sebi order

SAT dismissed appeals of seven entities, including former promoters, against a Sebi order that barred them from securities market in case of alleged insider trading in Bank of Rajasthan.

Top headlines: IndiGo's losses mount; Ola's Aggarwal takes on Elon Musk

Business Standard brings to you the top headlines on Tuesday

A quick look into Sebi's fresh push to crackdown on insider trading

The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore

Best of BS Opinion: Four fatal failures, bank nationalisation & more

Here are the top BS Opinion articles of the day.

Biocon controversy: Sebi's insider trading laws may need an overhaul

Sebi regulations define "insider" as a company associate who is trading in the company's shares based on unpublished price sensitive information (UPSI) to make a quick buck

Intellect Design's Arun Jain, daughter settle case with Sebi, pay Rs1.76 cr

Intellect Design Arena Ltd's promoter Arun Jain and his daughter Aarushi Jain have settled with Sebi an alleged insider trading case after paying Rs 1.76 crore collectively.

Rakesh Jhunjhunwala, wife settle Aptech insider trading case with Sebi

Ten individuals pay a total of Rs 37 cr towards settling the case

'Christie fiction': Biocon chief slams Sebi order on Allegro Capital

The case dates back to January 2018, when Biocon had announced an exclusive global collaboration with Sandoz on next-generation biosimilars

Sebi bars Allegro Capital for insider trading activities in Biocon shares

Sebi has barred Allegro Capital and one of its senior executives from the securities market for one year

Sebi bars Biocon's official from securities mkt for 3 months, levies fine

Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms. Biocon had announced information relating to its collaboration with Sandoz and the period of unpublished price sensitive information (UPSI) was from December 20, 2017 to January 18, 2018, The Securities and Exchange Board of India (Sebi) noted in an order passed late on Wednesday. Senior vice president of Biocon, Shreehas P Tambe, being an insider traded in the shares of the firm between December 19-27, 2017, in violation of market norms. Besides, Tambe also failed to make the timely requisite disclosures to Biocon pertaining to the trade for the sale of shares on December 19 and 20, 2017, where the sell value was more than Rs 10 lakh. As part of mandatory obligation under Prohibition of Insider Trading norms, Tambe was required to make disclosure within two trading days from the date of sale of shares

Sebi bans eight, including 2 company staff, for insider trading in Infosys

Illegal gains worth Rs 3.06 crore impounded

Infosys to initiate internal investigation into insider trading case

Infosys on Tuesday said it will initiate an internal investigation into an insider trading matter after markets regulator Sebi barred two of its employees from the securities market in the case.

Sebi bans 8 entities from securities mkt in Infosys insider trading case

Sebi has barred eight entities from the securities market for indulging in insider trading activities in the shares of Infosys

Insider trading case: Sebi levies Rs 1.05 cr fine on Indiabulls Venture

The former non-executive director, Pia Johnson, and her husband, Mehul Johnson, violated the Prohibition of Insider Trading norms by trading in firm's scrip

Insider trading: SAT sets aside Sebi's order in WhatsApp leak case

The SAT has set aside Sebi's insider trading charges against few individuals, who circulated alleged unpublished price sensitive information about the financial results of half-a-dozen companies

Sebi drops insider trading charges against Dynamatic Technologies CEO

The market regulator dropped the case as the Securities and Appellate Tribunal (SAT), and then the Supreme Court, found no wrongdoing

Sebi comes out with disclosure format under insider trading rules

The system-driven disclosures in the securities market were first introduced in December 2015 and are being implemented in a phased manner

Fall again, rise again: The turbulent life story of Sandeep Aggarwal

Aggarwal comes across as neither arrogant of his achievements nor dismissive of his failings

Sebi bars NDTV promoters, others in insider trading case; company to appeal

NDTV said the order is based on an inaccurate assessment of facts.