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Bollywood: Shilpa Shetty, Raj Kundra fined Rs300,000 for insider trading


Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday imposed a penalty of Rs300,000 (Dh14,835) on ‘Hungama 2’ actress Shilpa Shetty Kundra, her businessman husband Raj Kundra alias Ripu Sudan Kundra and their company Viaan Industries for violating its insider trading rules.
As per the SEBI order, Kundra, Shetty and their company were fined for a three-year delay in the disclosure of an allotment of preferential shares.
In 2015, Viaan Industries had made a preferential allotment of 500,000 equity shares. Of this 128,800 equity shares each were allotted to Kundra (referred to as Ripu Sudan Kundra) and Shetty, the promoters of the company. ....

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At least 76 killed in India heavy monsoon rains: govt


At least 76 killed in India heavy monsoon rains: govt
The downpour since Thursday caused a building to collapse in Mumbai and sparked several landslides, burying dozens of homes and leaving 59 people missing.
National Disaster Response Force (NDRF) and other rescue team personnel inspect the site of the landslide in a slum area where 23 people were killed after several homes were crushed by a collapsed wall and a landslide triggered by heavy monsoon rains in Mumbai on 18 July 2021. Picture: Sujit Jaiswal / AFP
17 hours ago
MUMBAI – At least 76 people have died in multiple monsoon-related accidents, Indian officials said Saturday, as heavy rains lashed the western state of Maharashtra, triggering landslides, flooding, and a building collapse. ....

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At least 18 killed in landslide, wall collapse in India monsoon rains


Published July 18, 2021, 3:22 PM
MUMBAI, India – At least 18 people were killed after several homes were crushed by a collapsed wall and a landslide triggered by heavy monsoon rains in India’s financial capital Mumbai, authorities said Sunday.
National Disaster Response Force (NDRF) and other rescue team personnel inspect the site of the landslide in a slum area where 18 people were killed after several homes were crushed by a collapsed wall and a landslide triggered by heavy monsoon rains in Mumbai on July 18, 2021.
Sujit Jaiswal / AFP
A falling tree demolished a wall in the eastern suburb of Chembur during Sunday’s early hours, burying nearby residents, the National Disaster Response Force (NDRF) said. ....

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