किशोर बियानी पर सेबी के प्रतिबंध का असर रिलायंस के साथ सौदे पर नहीं: फ्यूचर रिटेल - sebi s ban on kishore biyani does not affect future retail deals with reliance indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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India Regulator Bars Future CEO Kishore Biyani From Securities Market In Insider Trading Case
The Securities and Exchange Board of India (SEBI) said the two brothers traded in shares of Future Retail through a group company on the basis of unpublished price sensitive information before a demerger of certain businesses of Future Retail that pushed its share price higher.
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India s market regulator on Wednesday barred Future Group Chief Executive Kishore Biyani and his brother Anil from accessing the securities market for a year after investigating insider trading in shares of its retail firm Future Retail in 2017.
SEBI bars Kishore Biyani from accessing securities market for 1 year
Sebi s order came in relation to an investigation in use of unpublished price sensitive information to trade in shares of FRL in 2017.
BusinessToday.In | February 3, 2021 | Updated 21:27 IST
SEBI has also restrained Biyani from buying, selling or dealing in the securities of Future Retail Limited (FRL), directly or indirectly, in any manner whatsoever, for a period of 2 years.
Markets regulator SEBI on Wednesday barred Future Group CEO Kishore Biyani from accessing securities market for a period of 1 year.
The Securities and Exchange Board of India (SEBI) also restrained Biyani from buying, selling or dealing in the securities of Future Retail Limited (FRL), directly or indirectly, in any manner whatsoever, for a period of 2 years.
Future has said its retail unit faces insolvency if the deal fails
The country s market regulator on Wednesday barred Future Group Chief Executive Kishore Biyani and his brother Anil from accessing the securities market for a year after investigating insider trading in shares of its retail firm Future Retail in 2017. The Securities and Exchange Board of India (SEBI) said the two brothers traded in shares of Future Retail through a group company on the basis of unpublished price sensitive information before a demerger of certain businesses of Future Retail that pushed its share price higher
A spokesman for Future and the two Biyani brothers did not immediately respond to a request for comment.The SEBI investigation found that the Biyanis opened a trading account for an entity named Future Corporate Resources Private Limited, which traded in Future Retail s shares before the demerger decision was made public.SEBI also barred Biyani from trading in Future Retail shares for 2 years
Willing to support Future Retail during financial challenges: Amazon
By IANS |
Published on
Wed, Feb 3 2021 23:18 IST |
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Delhi HC refuses to restrain Amazon, says suit filed by Future Retail maintainable. Image Source: IANS News
New Delhi, Feb 3 : E-commerce major Amazon said on Wednesday that it continues to be willing to support Future Retail Limited (FRL). The statement by Amazon assumes significance after there were reports that Amazon did not come to the rescue of Future Retail during the financial difficulties it faced during the Covid crisis. Contrary to reports carried in a section of the media, Amazon has not only been committed to an early resolution of the dispute with Future, but continues to be willing to support FRL even during the temporary financial challenges posed by Covid, Amazon said in a statement.