The Reserve Bank of India (RBI) has issued a compounding order in the case of M/s Myntra Designs Private Limited, bringing an end to an investigation into alleged violations of…
Category: Testing
LIC owns 10% of Rajesh Exports, shares fall 1% at closing bell amid Sebi allegations
The ongoing regulatory action against Rajesh Exports has brought fresh attention to the company’s shareholder base, particularly the presence of large institutional investors. Shareholding data for the March 2026 quarter…
Revenues are correct, says Rajesh Exports amid Sebi allegations
Rajesh Exports Ltd has pushed back against allegations made by market regulator Sebi, saying its reported revenues are accurate and that the regulator’s order is only an interim one. The…
Foreign investors to get tax break in govt bonds. What does it mean for India?
The government has decided to remove capital gains tax on foreign investors investing in government bonds. Sources told India Today that the proposal was cleared by the Union Cabinet. The…
Rajesh Exports built a global gold empire. Now Sebi is examining the numbers behind it
On paper, Rajesh Exports Limited (REL) looks like one of India’s corporate giants. In the quarter ended March 2026 alone, the Bengaluru-based company reported revenue of Rs 2.36 lakh crore,…
Why the RBI may avoid a rate cut this time: 3 things to know
With the Reserve Bank of India’s Monetary Policy Committee (MPC) set to announce its latest policy decision on June 5, most experts believe the central bank is likely to hit…
Carlsberg India strengthens board as IPO plans gather momentum
Carlsberg India appears to be moving closer to a stock market listing. The brewer has strengthened its board by bringing in four new directors and has converted itself into a…
How Sebi uncovered a Rs 15 lakh crore revenue hole at Rajesh Exports
It began with a complaint that could easily have gone unnoticed. In March 2024, the Securities and Exchange Board of India (Sebi) received an email from a shareholder of Rajesh…
Sebi’s’s Rs 15 lakh crore question: What went wrong at Rajesh Exports?
When the Securities and Exchange Board of India (Sebi) passed a 109-page interim order against Rajesh Exports Ltd (REL), it did much more than merely flag accounting irregularities. The market…
Gold is rising again: 3 things investors should know
The yellow metal opened Thursday’s trading session on a positive note on the Multi Commodity Exchange (MCX), giving investors a reason to pay attention again. At around 11.30 am, MCX…