Insider Trading Detected: SEBI takes strict action against 5 top executives named in IndusInd Bank case
Capital market regulator SEBI has cracked the whip on five top executives in connection with suspected insider trading in the IndusInd Bank stock. According to an ex parte interim order issued by the market watchdog, the individuals used undisclosed price sensitive information to offload certain quantities of the lender’s stock to illegally avoid imminent losses worth an…