NEW DELHI: The Network18 Group has terminated stocks editor & anchor Hemant Ghai, the co-host of Stock 20-20 which airs on its Hindi business news channel CNBC Awaaz, as a consequence of an order passed by the Securities and Exchange Board of India (SEBI) against him for violating stock market regulations. The network, in a statement, said, “All employees of Network18 are
Fraudulent trading: SEBI bars CNBC Awaaz anchor Hemant Ghai, family from trading
SEBI has restrained Hemant Ghai and his wife Jaya Hemant Ghai and mother Shyam Mohini Ghai from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever till further directions
Chitranjan Kumar | January 13, 2021 | Updated 21:14 IST
The bank accounts of Hemant Ghai and his family have also been frozen for debit till further orders, says SEBI
Market regulator Securities and Exchange Board of India (SEBI) on Wednesday restrained CNBC Awaaz anchor Hemant Ghai, his wife and mother from accessing securities market over charges of fraudulent trading. Ghai hosts the Stock 20-20 show on the channel. The regulator said that Ghai had the advance information about the recommendation to be made on the show and that he directly/indirectly used it to his advantage .
Read more about Sebi bars TV anchor Hemant Ghai, wife and mother for fraud in trading on Business Standard. The accused allegedly bought shares ahead of giving buy recommendations
SEBI debars host of CNBC Awaaz show
By IANS |
Published on
Wed, Jan 13 2021 21:03 IST |
0 Views
SEBI.. Image Source: IANS News
New Delhi, Jan 13 : Hemant Ghai, an anchor with CNBC TV 18, has been debarred by the Securities and Exchange Board of India (SEBI) from trading in stock markets and offering investment advice.
Madhabi Puri Buch, wholetime member, SEBI, passed an interim order on Wednesday in the case of CNBC Awaaz show Stock 20-20 , co-hosted by Hemant Ghai. CNBC TV 18 is also advised to appropriately bring to the notice of the viewers of the shows co-hosted by Mr. Hemant Ghai that SEBI has passed an interim order against him for prima facie violations of SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003, the 35-page order said.
SEBI slaps Rs 10 lakh fine on entity
An investigation was conducted by Sebi into the shares of HPC Biosciences Ltd regarding alleged manipulation in the Initial Public Offer (IPO) process of the company
PTI | January 7, 2021 | Updated 20:53 IST
An investigation was conducted by Sebi into the shares of HPC Biosciences Ltd
Sebi on Thursday imposed a fine of Rs 10 lakh on Mayur Developments and Leasings Ltd for its failure to comply with summons issued by the regulator in HPC Biosciences case.
An investigation was conducted by Sebi into the shares of HPC Biosciences Ltd regarding alleged manipulation in the Initial Public Offer (IPO) process of the company.