Head of investor relations T A N Murti allegedly indulged in insider trading during the sacm.
India must learn from the missteps made by financial regulators in the US and UK.
The billion dollar penalty of the kind imposed on BP will not deter risky operations but it will hopefully create an incentive for stricter safety measures.
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The ruling by the Supreme Court was made in a parallel civil insider trading case brought against Gupta by federal regulator Securities and Exchange Commission.
A sessions court in Kerala on Wednesday awarded double life sentence in the Uthra murder case to the victim's husband for killing his wife using a cobra, saying the crime was 'definitely diabolic, cruel, heinous and dastardly' and committed with 'unparalleled wickedness.'
The politics of polarisation became part of the political landscape of the national capital after the Batla House encounter.
Here are five talking points from the weekend's La Liga action:
Securities and Exchange Board of India on Wednesday slapped a penalty of Rs 50,000 on Zandu Pharmaceuticals for failing to appoint common share agency for demat and physical shares.
An ABVP member has also been slapped with a fine of Rs 20,000.
In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.
The RBI said it had not found initial evidence of money laundering against the three banks.
More punitive action was needed against the company and the management, say experts
