According to SEBI, Jain and Srikanth had made the alleged gains to the tune of Rs 1.85 crore and Rs 19.69 lakh, respectively.
Posts tagged MC
Polaris insider trading: SEBI orders seizing of Rs 2 crore (26-11-2015)
RBI allows foreign investors to buy bonds in default (26-11-2015)
While foreigners had not previously explicitly been banned from buying defaulted bonds, officials said investors had sought clarity from the Reserve Bank of India after a unit of JP Morgan in India suffered significant mark-to-market losses in late August.
Ashok Leyland bags order worth $200 mn from Cote D’Ivoire (26-11-2015)
The company has signed a contract with the government of Cote D’Ivoire for 3,600 vehicles worth USD 200 million, Ashok Leyland said in a regulatory filing.
Govt shortlists 5 merchant bankers for CIL stake sale (26-11-2015)
The stake sale would help the government march towards the PSU stake sale target of Rs 41,000 crore in the current fiscal.
Dept of Heavy Industry opposes reduction of RD tax breaks (26-11-2015)
CNBC-TV18 learns from sources that the Department of Heavy Industry is planning to write to the Finance Minster opposing this move, arguing that this will hurt the ‘Make in India’ campaign and wants the RD exemption to stay for this sake.
Buy Ion Exchange; target of Rs 390:Firstcall (26-11-2015)
Firstcall is bullish on Ion Exchange and has recommended buy rating on the stock with a target price of Rs 390 in its research report dated November 24, 2015.
Buy Siyaram Silk Mills; target of Rs 1250:ICICI Direct (26-11-2015)
ICICI Direct is bullish on Siyaram Silk Mills and has recommended buy rating on the stock with a target price of Rs 1250 in its research report dated November 24, 2015.
Buy ADC India Comm; target of Rs 310:Firstcall (26-11-2015)
Firstcall is bullish on ADC India Comm and has recommended buy rating on the stock with a target price of Rs 310 in its research report dated November 24, 2015.
Gold imports may cross 1,000 tonnes this year (26-11-2015)
According to the All India Gems and Jewellery Trade Federation, India has imported 850 tonnes of gold during January-September period of 2015 as against 650 tonnes in the year-ago period.
‘Housing for All’ may boost economy by 3.5% by 2022: Ind-Ra (26-11-2015)
According to the report, sectors like cement, iron and steel, which supply crucial inputs to the construction industry, are expected to be the biggest beneficiaries of the Housing for All (HFA) programme.