India’s markets regulator, SEBI, is investigating six IndusInd Bank officials for potential insider trading. The probe focuses on whether these officials sold stock options with knowledge of undisclosed accounting irregularities. SEBI is examining the timing of trades and has requested a report from the bank regarding the accounting lapses and delayed disclosure, which led to executives stepping down.
Tejas Networks shares zoom 13% after TCS’s Rs 1,537-crore LOI for BSNL 4G rollout
Tejas Networks shares rose sharply on Friday after the company received a Rs 1,537-crore Letter of Intent from TCS to supply RAN equipment for BSNL’s