Sebi confirms market ban on LS Industries, promoter, 4 others

Securities and Exchange Board of India (Sebi) has barred LS Industries and related entities from the securities market. This action follows allegations of fraudulent activities and stock price manipulation. The investigation timeline extends to November 15. Jahangir Panikkaveettil Perumbarambathu is…

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ADB ready to provide USD 4.5 bn loan annually to India

The Asian Development Bank (ADB) is prepared to offer India USD 4-4.5 billion in annual sovereign lending, along with approximately USD 1 billion in private sector financing. ADB’s support aligns with India’s Viksit Bharat 2047 vision, focusing on urban transformation,…

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