Sebi Bans CNBC Awaaz Anchor Hemant Ghai From Markets, Says He Made Rs 2.95 Cr By Front-Running
Hemant Ghai is the first media person to be banned by Sebi, who has been found guilty prima-facie of front-running. Screengrab. Yagnesh Kansara 2021-01-16T17:30:38+05:30 Sebi Bans CNBC Awaaz Anchor Hemant Ghai From Markets, Says He Made Rs 2.95 Cr By Front-Running outlookindia.com 2021-01-16T18:31:02+05:30
The Securities and Exchange Board of India (Sebi) banned CNBC Awaaz show host Hemant Ghai, his wife and mother from the capital market for alleged fraudulent trading practices.
According to the Sebi order issued by MadhabiPuri Buch, the whole-time member (WTM), by resorting to front running, the CNBC Awaaz anchor made a profit of Rs 2.95 crore through total 82 trades between January and May 2019 (79 trades) and three trades were carried out in February 2020. Ghai’s family has pocketed a hefty sum of Rs 3.60 lakh per trade during the pe
Sebi bans CNBC Awaaz show host Hemant Ghai, family members from capital markets
PTI
Regulator Sebi on Wednesday barred CNBC Awaaz anchor Hemant Ghai, his wife and mother from the capital markets for indulging in fraudulent trading practices.
This is one of the few cases where Sebi has taken action against a personality associated with broadcast news for fraudulent trading practices.
Following the order, the Network18 Group has terminated Ghai with immediate effect, CNBC Awaaz tweeted.
CNBC Awaaz is the Hindi business channel of the Network18 Group.
Hemant Ghai had advance information about the recommendations to be made on the Stock 20-20 show, co-hosted by him, and he directly or indirectly used it to his advantage, Sebi said in an interim order.
I&B Ministry looking at phased roll-out of digital terrestrial TV in tie up with Prasar Bharati
January 13, 2021
In the process of finalising the National Broadcast Policy
The Ministry of Information & Broadcasting is looking at developing a roadmap for ramping up the roll out of Digital Terrestrial TV (DTT) in collaboration with Prasar Bharati in a phased manner.
Terrestrial TV broadcasting in India is under the exclusive domain of Prasar Bharati and is mainly being done in analog mode of transmission. Analog terrestrial TV broadcasting is being phased out across the globe due to poor quality of reception and with analog technologies becoming obsolete.
It also highlighted working towards strengthening self-regulation in the industry.
12 Jan, 2021 - 09:45 AM IST | By indiantelevision.com Team
NEW DELHI/KOLKATA: A bid to showcase Brand India to the world, more FDI, push for indigenous manufacturing of consumer premises equipment, and self-regulation – these are key propositions of the draft National Broadcasting Policy (NBP), which the government has proposed for the growth of India’s broadcasting sector.
Stakeholders and policymakers have long felt the need for a comprehensive broadcasting policy to update the existing provisions to meet the newer challenges. Last month, the ministry of information and broadcasting (MIB) had intimated that work on the new policy was in full swing. The draft has now been finalised and shared with Prasar Bharati CEO Shashi Shekhar Vempati and other scientific ministries for further consultations.
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