The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.
Reliance Industries Chairman Mukesh Ambani and his family participated in the Maha Kumbh on Tuesday, taking a dip in the Sangam and attending a yagya at Parmarth Triveni Pushp in Arail. The family, including Ambani's mother, sons, daughters-in-law, grandchildren, and siblings, were accompanied by Ambani's mother-in-law and sister-in-law. They joined millions at the spiritual pilgrimage at the confluence of the sacred waters of Ganga, Yamuna, and mythical Saraswati. The family also prayed for "global peace and welfare" at the Vishwa Shanti Yagya.
Dempo put up an improved performance in the second half to hold Salgaocar Sports Club 1-1 in a second round I-League match at the Tilak ground in Panaji, Goa, on Wednesday.
In other matches in the under-19 National Football League, JCT and Indian Bank, and East Bengal and Tollygunge Agragami drew goalless.
Felix Ibrebru scored twice in a 5-1 victory over Tollygunge Agragami in the National Football League.
They beat champions East Bengal 2-0 in their last match of the NFL.
Salgaocar Football Club scored a goal in each half to beat Karim Bencherifa's Mohun Bagan with a clinical 2-0 victory at Duler Stadium in Mapusaon Sunday.
Man of the match Odafe Onyeka Okolie capitalised on the sloppy Salgaocar defence to slam in four goals as Churchill Brothers came from behind to register a resounding 5-1 win in the eighth round of the ONGC I-League at Nehru stadium in Margao on Monday.
Salgaocar hung on to a first-half goal to edge past Mumbai FC 1-0 in a 24th round I-league encounter at the Nehru stadium, in Margao, Goa, on Thursday.
Salgaocar once again squandered the lead as they allowed Sporting Clube de Goa to come back in the second half and hold them to a 1-1 draw in the ONGC I-league played in Margao on Thursday.
Salgaocar Sports Club and Churchill Brothers were locked 1-1 in a seventh round I-League match at the Nehru stadium, in Fatorda, Goa, on Thursday. ND Opara drew first blood for Churchill in the 49th minute only for Chidi Edeh to pull it back for Salgaocar in the 71st.
Goa's love affair with the country's premier football club competition continued as Salgaocar made short work of JCT, wining 2-0, at the Guru Nanak Stadium in Ludhiana to finish atop with 56 points from 26 matches, beyond the reach of any other club.
Sunil Chetri scored twice in a 3-0 victory in the National Football League.
A double strike by Yusif Yakubu guided Mahindra United to their fourth victory.
Sporting Clube de Goa beat Salgaocar 1-0 to move to the second spot in the NFL.
Ryuji Sueoka and Francis Fernandes scored a goal in each half to guide Salgaocar to their eight win as they beat JCT to a convincing 2-0 in the eleventh round of the I-League, played at Nehru Stadium, Fatorda in Margao, on Sunday.
Salgaocar Sports Club president Shivanand V Salgaocar offered to resign if the football fraternity felt he had betrayed their trust.
Amaechi Tochukwu's late strike guided Vasco Sports Club to their first win in the eighth National Football League.
The 2-1 victory kept them in the title race in the National Football League.
Durand Cup winners Salgaocar carved out a 2-0 win over spirited Tollygunge Agragami in the National Football League match.
An early goal by Rui Wanderley Weis gave Vasco a 1-0 victory in the all-Goa National Football League match.
The Goa side humbled the defending champions 2-0 in a National Football League match.
Salgaocar took their tally to 24 points below table-toppers East Bengal with 30 points, while Vasco remained on third spot with 23.
Ghanaian footballer Yusif Yakubu would play for East Bengal on loan for a year after tendering an unconditional apology to Salgaocar Sports Club.
Salgaocar scored an emphatic 4-0 win over Pailan Arrows and registered its first victory in the ongoing I-League, played at Nehru Stadium in Fatorda, Margao, on Friday.
Dempo Sports Club rallied from behind and held Salgaocar Sports Club to a 1-1 draw in the penultimate round of the ONGC I-League football championship at Nehru Stadium in Margao on Sunday.
Salgaocar Sports Club and Mahindra United played out a goalless draw in a sixth round match of the ONGC I-league at Nehru Stadium, in Margao, Goa, on Wednesday.
Salgaocar coach Karim Bencherifa has been rewarded for taking the side to their maiden I-League title with a two-year extension of his contract till 2013.
Salgaocar Sports Club squandered a few opportunities and had to be content with a goaless draw against East Bengal to share points in their 10th round of the ONGC I League championship match played at the Nehru Stadium Fatorda in Margao on Tuesday.
Sporting Clube de Goa came from behind to hold Salgaocar to a 1-1 draw in a fourth round match of the ONGC I-League football tournament at the Nehru stadium in Margao, Goa, on Monday.
After a successful trial, Scottish striker Darryl Duffy has been included into Salgaocar FC.
R Malsawntluanga's injury time goal helped Aizawl FC hold Salgaocar to 1-1 draw in a fifth round encounter of the I-League, in Vasco on Sunday.
Dudu Omagbemi's early goal earned them their third straight win in the National Football League.
Former champions Salgaocar wasted several chances and had to be content with a point from the National Football League match.
Mickey Fernandes scored the all-important goal as the bottom-placed team beat the formidable Kolkata giants 1-0 in the National Football League.
The celebrations continued with the mehendi ceremony for Radhika Merchant and Anant Ambani.
The bottom-placed former champions were held 1-1 by Sporting Clube de Goa in the National Football League.
Three-time champions Mohun Bagan were unable to translate their overall supremacy in the National Football League match.