SEBI bans Anil Ambani & 24 other entities from securities market for 5 years; imposes Rs 25 crore penalty on Ambani – Times of India

The Securities and Exchange Board of India (Sebi) has taken action against Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance (RHFL), for their involvement in the diversion of funds from the company. Ambani has been barred from the securities market for five years and fined Rs 25 crore, according…

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Ola Electric IPO gets SEBI approval; to be first EV startup IPO in India: Report – Times of India

Bhavish Aggarwal, the founder of Ola Electric, has reportedly informed a select group of employees about Sebi’s approval. Ola Electric IPO news: Ola Electric, a prominent EV startup based in Bengaluru, has received approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), according to individuals familiar with the…

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