India’s market regulator Sebi has issued a show cause notice to six Capital Group FPIs for alleged lapses in trade confidentiality. Two traders reportedly shared sensitive order details with Singapore-based Rohit Salgaocar, who then allegedly passed them to market operator Ketan Parekh. This enabled a front-running network to profit from illicit gains.
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani
India’s IT sector is poised for a comeback, with AI expected to boost, not hinder, growth. Vikas Khemani of Carnelian Asset Management sees excessive pessimism,