Sebi has issued show cause notices to executives of PwC, EY, Carlyle and Advent over alleged insider trading linked to YES Bank’s 2022 share sale. The regulator has flagged misuse of unpublished price-sensitive information and serious compliance gaps within top advisory firms.
The Delhi High Court has prohibited Gensol and BluSmart from transferring rights over 175 leased EVs from Orix due to payment defaults and regulatory issues. Orix requested this order amid claims of contract violations. Additionally, Gensol faces scrutiny from SEBI for governance breaches, impacting investor confidence and stock stability.
The Supreme Court of India has refused to review its decision on transferring the Adani Group stock price manipulation investigation despite a plea filed by a PIL petitioner. The court upheld its confidence in the initial judgment and SEBI’s ongoing investigation. The case involves accusations of fraudulent activities and market manipulation by the Adani Group.
