25.3 C
State of Tripura
Friday, July 4, 2025

Kishor Barman takes oath as Tripura Cabinet Minister, Opp. boycotts

BJP MLA Kishor Barman was inducted into...

Tripura to become medical hub, announces CM Manik Saha

Tripura CM Manik Saha announces plans to...

SEBI bans Jane Street from Indian markets for ₹4,843 crore index manipulation –

Must Read

The Securities and Exchange Board of India (SEBI) has banned U.S.-based investment firm Jane Street from Indian securities markets for manipulating stock indices and unlawfully earning 4,843 crore rupees. In an order issued yesterday, SEBI shared details that the Jane Street Group manipulated index levels through aggressive buying and selling of key Bank Nifty and Nifty 50 constituent stocks, thereby influencing options pricing to generate substantial profits.
 
SEBI has ordered that the group open an escrow account in a scheduled commercial bank to transfer the money unlawfully earned and has directed banks, depositories and other market institutions not to debit money into the accounts of J.S. Group without SEBI’s permission. J.S. Group entities have been given 21 days to respond.

- Advertisement -
spot_img
spot_img
spot_img

Latest News

Manipur Government starts resettlement of displaced families

The Manipur government has begun a phased resettlement of 57,000 people displaced by ethnic violence, aiming to complete the...