Securities and Exchange Board of India will upgrade its surveillance to curb derivatives market manipulation. This follows action against Jane Street for alleged illegal index manipulation. Tuhin Kanta Pandey said monitoring will be strengthened at Sebi and stock exchange levels. Sebi had barred Jane Street and seized illegal gains of Rs 4,844 crore.
IPO-bound Flipkart shifts domicile to India
IPO-bound Flipkart has shifted its domicile to India, having secured government nod for an internal restructuring that now makes Flipkart Internet the holding entity of