SEBI barred Rajesh Exports Limited and promoter-chairman Rajesh Mehta from the securities market following an investigation into alleged financial irregularities, disclosure lapses, related-party transactions, and possible manipulation of financial statements involving an alleged revenue misrepresentation of nearly Rs 15.15 lakh crore.
The Central Consumer Protection Authority imposed a Rs 7 lakh penalty on Vajiram and Ravi IAS Study Centre for allegedly publishing misleading UPSC result advertisements, holding that the institute failed to disclose crucial details about courses attended by successful candidates featured in its promotional campaigns.
