ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » World News

SEBI to investigate possible leak of company earnings

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App

The Securities and Exchange Board of India (SEBI) market regulator will investigate possible leaks of company earnings in social media chatrooms, its chief Ajay Tyagi said on Friday, following a Reuters report this week that revealed prescient messages being posted in private groups.

The Reuters investigation documented at least 12 cases of prescient messages about major Indian companies being posted in WhatsApp groups limited to traders.

"We will certainly investigate the issue. It is a work in progress," Tyagi, Chairman of SEBI, India`s market regulator, told Reuters, when asked what action the regulator was considering.

India beefed up insider trading rules in early 2015, expanding what constitutes "unpublished price-sensitive information" to include "any information" that is not "generally available" and that could have a market impact.

SEBI also set up a panel in August headed by a former federal senior bureaucrat, T.K. Viswanathan, to suggest measures to improve market surveillance and help prevent possible insider trading and market manipulation.

Last year, SEBI proposed a ban on sharing trading tips and stock-specific recommendations through bulk messages, emails, blogs and social media such as WhatsApp, Twitter and Facebook, unless one is registered as an investment adviser.

The regulator said the general public was lured by the tips and their investment decisions were influenced by messages that solicit investments and promise unrealistic returns.

It has also cranked up its investor awareness drive to prevent the public from falling to scams and to boost retail investment in financial markets.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
Updated: Fri, Nov 17, 2017
11:36 am
Reuters
RELATED NEWS
Indian IT services industry's growth pace may slow down in near to mid term: ICRA Indian IT services industry's growth pace may slow down in near to mid term: ICRA
RBI MPC Meeting: Will central bank press pause button on repo rate hike? RBI MPC Meeting: Will central bank press pause button on repo rate hike?
India's economy already 10% more energy efficient than G20 average: IEA India's economy already 10% more energy efficient than G20 average: IEA
GST Council to meet on February 18 GST Council to meet on February 18
No timeline to remove old tax regime, Revenue Secretary Sanjay Malhotra says No timeline to remove old tax regime, Revenue Secretary Sanjay Malhotra says

LATEST NEWS

Rose Day 2023: Celebrate first day of Valentine's week with special wishes, messages, quotes and Whatsapp status

Capital amounting Rs 2,76,043 crore infused in Public sector Banks since FY2017-18

This Dolly Khanna stock has jumped over 3.5-times in 3 years: Check reasons why analyst sees 100% upside potential

Spotify founder forays into healthcare industry, launches new startup

Moto E13 set for February 8 launch: Check teased specifications

Tata Power share price gains 2% as Street cheer over two-fold jump in Q3 net profit

Dell layoffs 2023: American tech giant announces to cut about 6,650 jobs

Sensex ends 330 points down, Monday blues for Nifty too as metals, IT take hit

Patanjali Foods shares looking at 17 per cent upside after spate of corrections: Analyst — Check target price

M&M Financial soars to nearly three-year high — what's driving the stock

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV