The Securities and Exchange Board of India (SEBI) has prohibited Jane Street Group from accessing India’s securities market following allegations of market manipulation. SEBI’s order restricts the firm from trading securities directly or indirectly. Banks are instructed to freeze debits from Jane Street’s accounts without SEBI’s approval, amidst an investigation into the firm’s derivatives trades.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires