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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The indictment of the former big bull and his associates is seen by the regulator as a ticket to redemption. But is it really?
Late on 2 January, a compliance officer at an asset management company claims to have received a call from the Securities and Exchange Board of India. A similar call, he says, was received by a number of players in the capital markets that day. In the course of the call, an official with the securities market regulator suggested that he forward an order, uploaded on its website earlier that day, to as many colleagues and business acquaintances as possible.
Not without reason. The order in question—SEBI’s “ex-parte interim order cum show cause notice” against Ketan Parekh and his associates—is the …
