Mumbai, June 30 (IANS) India’s markets regulator, the Securities and Exchange Board of India (SEBI), on Tuesday issued an ex-parte interim order against the promoters and associates of Darjeeling Industriies Limited, alleging they orchestrated a complex scheme involving circular funding, misuse of preferential issue proceeds and suspected stock price manipulation. The regulator has also questioned the very existence of the listed company, saying it could not find any operational presence at eith…
Latest Market Restrictions News & Updates
New Delhi, June 1 (IANS) A prominent Pakistani traders’ union has warned of nationwide protests if the government reimposes its decision to close markets early, calling on authorities to put an end to lockdowns aimed at conserving energy amid soaring fuel prices triggered by the Middle East conflict, a report has said.The report by Arab News highlighted that as part of its plan to reduce the consumption of costly imported fuels, the Pakistani government in April issued orders for shops, market…