“I note that the facts of the case prima facie show that there has been a massive falsification of the books of accounts of the company and that the company has been publishing false and manipulated financial statements showing inflated revenue/profitability,” Sebi Whole Time Member Ashwani Bhatia said in the order passed on Thursday.
Export Promotion Mission sets unified path to strengthen India’s export competitiveness
India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the