Some research analysts have announced a closure of operations, fearing higher compliance costs. But it may be too soon to take such a call.
Disha AcharyaSubscribe to read this story
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Going by the FMCG giant’s stated intent and need, fans of the little over four-year-old, digital-first skincare brand have no reason to worry.
SEBI’s clampdown on Bharat Global Developers Ltd has laid bare the dubious ways in which some stock market operators make money at the expense of unsuspecting public investors of little-known companies.
A SEBI crackdown has revealed that Bharat Global Developers Ltd used every trick in the book to drive up its share price so its preferential stockholders could make a killing. What remains unexplained though is the little-known firm’s dealings with Reliance.