Mumbai, July 24 (IANS) The Securities and Exchange Board of India (SEBI) on Friday barred Viresh Joshi, former chief dealer of Axis Mutual Fund (MF), from the securities market for seven years and imposed a penalty of Rs 3 crore after finding him guilty of front-running trades involving the fund house.In its final order, the market regulator also debarred 20 other entities linked to the case for periods ranging from three to seven years and imposed monetary penalties between Rs 10 lakh and Rs 1 …
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Mumbai, March 11 (IANS) Alternative Investment Funds (AIFs) have emerged as an important pillar of India’s capital markets and are increasingly playing a key role in financing sectors that strengthen the country’s economic resilience, the Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, said on Wednesday.Speaking at the ‘IVCA Conclave 2026’ here, Pandey said AIFs are no longer on the margins of the financial system but are becoming a crucial channel linking private…