Market Manipulation News - Latest Updates & Headlines
SEBI bans LS Industries, promoters for stock manipulation
Mumbai, Feb 11: The Securities and Exchange Board of India (SEBI) on Tuesday took strict action against LS Industries Limited, its promoter Profound Finance, and four other entities, barring them from the securities market for manipulating stock prices.
Hindenburg Research shuts operations; experts argue 'part of broader scheme to destabilise markets'
New Delhi, January 16: Hindenburg Research, the US-based short seller, has announced its decision to shut down operations, sparking a heated debate among experts. Founder Nate Anderson cited a desire to step back from the intensity of his work and focus on other aspects of life.