SEBI has penalized four Seya Industries officials, including Ashok and Amrit Rajani, with ₹58.5 crore for allegedly diverting ₹81.26 crore to promoter-linked firms and falsifying financial statements. The regulator barred them from the securities market for five years and directed Amrit Rajani to return the siphoned funds with 12% interest.
India’s stock markets experienced a major dip on Monday, with the BSE Sensex and Nifty50 both falling over 4%. Notable companies such as Tata Steel […]
Jefferies’ Christopher Wood predicts a decline in US stocks, Treasury bonds, and the dollar, suggesting the US market has peaked, similar to Japan in 1989. […]
