SEBI Sends Show Cause Notice to 6 Capital Group FPIs
SEBI has issued a show cause notice to six Foreign Portfolio Investors (FPIs) managed by US-based Capital Group.
This is the first time Capital Group has been named in a SEBI front-running case.
The regulator alleges that there were serious lapses in keeping trade information confidential. This helped create a big front-running network involving famous market operator Ketan Parekh and Singapore-based trader Rohit Salgaocar.
What happened:
• Two traders from Capital Group allegedly shared trade details with Rohit Salgaocar.
• Salgaocar then passed sensitive information to Ketan Parekh.
• This allowed them to build positions in stocks before Capital Group’s big trades, making unfair profits.
Probe Period: January 2021 to June 2023
Evidence: Bloomberg chats and WhatsApp records
Capital Group is one of the world’s largest asset managers with over $3.3 Trillion in global assets.
SEBI has also started legal proceedings against several funds managed by them.
https://t.co/yyVlVGZPDl
“I was thrown out of my job because I’m the finest independent journalist who asked tough ques to the govt.” ~Tanushree Pandey
Here’s a clip of Tanushree Pande telling then JNUSU VP Saket what to say from the script once the camera turns on during the sensitive Hathras case.
The same woman shamelessly posted a thread of videos from the cremation ground.
Sharm karle kuch DaIIi.
विडंबना देखिए…
जिन अरब देशों से इस्लामिक कट्टरता की शुरुआत हुई…
आज वही अरब देश अपने बच्चों को यूरोप पढ़ने भेजने से मना कर रहे है…
अरब देशों का कहना है कि यूरोप के विश्वविद्यालयों में
इस्लामिक कट्टरता घर कर चुकी है…
और हम नहीं चाहते कि हमारी आने वाली पीढ़ियों में ये कट्टरता फिर से पनपे….!!!
Sanjeev Khirwar, the IAS officer who emptied Delhi Stadium to walk his dog, has been appointed Delhi's Municipal Corporation Commissioner.
This is how the System rewarded him.
🤐
Video of Jiah Khan (allegedly 16-year-old in the video) with Mahesh Bhatt, posted by her sister. Same Mahesh Bhatt whom Alia keeps on promoting as ideal human. Horror is these same Bollywood gatekeepers who hide exploitation of newcomer females by their families/friend circle are promoted as feminist icons in pop culture.
A new pattern of "hit-and-run" journalism is emerging among foreign correspondents.
Raising questions but exiting the room the moment facts challenge their narrative.
Norwegian journalist Helle Lyng, who abruptly walked out of a press meet after failing to get an answer that aligned with her pre-set agenda.
@jayeshmatiyal exposes the mechanics behind the curated narrative and foreign media bias.