US-based trading giant Jane Street has taken legal action against the Securities and Exchange Board of India, alleging that the regulator acted unfairly in a market manipulation case. The firm, known globally for its trading operations, has challenged SEBI’s findings and penalties, claiming the investigation lacked transparency.
According to reports, Jane Street argued that SEBI’s conclusions were not supported by sufficient evidence and that the firm followed all regulatory guidelines while operating in Indian markets. The company further stated that its reputation has been affected by what it calls a flawed inquiry.
SEBI has not issued a detailed response yet but is expected to defend its decision in court. The case is being closely watched in financial circles, as it could have implications for how global trading firms are regulated in India.
The Final Verdict On Japan’s Most Significant Political Crime In Decades Brings A Sense Of Closure To The Judiciary, Even As The Nation Continues To Grapple With The Social Fallout Of The Assassin’s Motives.
A National Tragedy In Spain Is Marked By A Singular Story Of Survival, Prompting A Massive Investigation Into The Safety Of The Country’s Iconic High-Speed Rail Infrastructure.
The Arctic Standoff Intensifies As President Trump’s Territorial Ambitions Clash With European Defenses, Marking A Volatile New Chapter In Trans-Atlantic Relations.
The High-Intensity Diplomatic Exchange In New Delhi Reaffirms A Shared Vision For A Terror-Free Future, With Both Nations Committing To A Robust Defence Framework To Guard Vital Global Interests.
Kulman Ghising, credited with ending Nepal’s power cuts and reforming the energy...
NATO forces successfully intercepted a large-scale overnight drone raid launched...
Priya Sachdev’s lawyer has questioned Karisma Kapoor’s absence from Sunjay Kapur...
Qatar has strongly condemned what it describes as a “cowardly criminal assault”...
Karnataka Congress MLA Satish Krishna Sail has been arrested by the Enforcement...