“I note that the facts of the case prima facie show that there has been a massive falsification of the books of accounts of the company and that the company has been publishing false and manipulated financial statements showing inflated revenue/profitability,” Sebi Whole Time Member Ashwani Bhatia said in the order passed on Thursday.
Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps
Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally’s sustainability. South Korea’s Kospi surged, led