The Indian partner of global money manager Schroders Plc is under investigation by the countrys capital markets regulator for alleged front-running by two of its officials, according to people familiar with the matter.
A Lamborghini seems to have blown the lid of a huge front running scandal in a private sector mutual fund.There are now loud whispers of a Rs 1,000 crore scam in a large mutual fund owned by a leading private sector bank involving front running .