ED Files Chargesheet Against Raj Kundra In Bitcoin ‘Scam’: What Indian Investors Need To Know

The Enforcement Directorate has filed a chargesheet against businessman Raj Kundra in a bitcoin ‘scam’ worth Rs 150.47 crore. Here’s what Indian investors need to know about the case and its implications for the cryptocurrency market in India.

SEBI Rejects Seacoast Shipping’s Bizarre Kidnapping Excuse for Fund Diversion

SEBI has rejected Seacoast Shipping’s excuse for diverting rights issue proceeds, claiming the money was used as ransom for the kidnapping of a promoter’s son. The market watchdog has imposed penalties and disgorgement orders on the company and its officials.

Polycab Block Deal: Foreign Investors Acquire Stake Worth Rs 1,740 Crore

Polycab India’s promoters and a public shareholder sold a combined 1.55% stake in the company, raising nearly Rs 1,740 crore through open market transactions. Foreign investors, including JP Morgan and Morgan Stanley, were among the key buyers.