India’s market regulator, Sebi, has ordered Big Entertainment to pay a Rs 26 crore fine for failing to settle previous penalties related to illegal fund diversion. The company has 15 days to comply or face asset seizure. This action follows a broader Sebi investigation into Reliance Home Finance Limited, which resulted in a five-year market ban for industrialist Anil Ambani and others.
Related Posts
Tesla’s quarterly deliveries disappoint ahead of robotaxi unveiling
Tesla’s third-quarter deliveries rose 6.4% to 462,890 vehicles, falling short of analysts’ expectations. The company faces declining demand in the US and Europe despite China […]