Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Sebi has barred Gujarat-based SME Kalahridhaan Trendz and its promoters from the securities market for concealing loan defaults, misleading investors, and diverting IPO funds. The company also fabricated financials and falsely claimed major orders from a fictitious Bangladeshi entity.

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RBI doubles bond purchases to Rs 40,000 crore

Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market operations (OMO) purchases, both planned and unplanned, along with

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