Sebi cracks down on insider trading in IEX: 8 barred from markets after Rs 173 crore windfall
Market regulator Securities and Exchange Board of India (Sebi) on Wednesday barred eight people from accessing the capital markets after allegedly finding them indulging in insider trading with respect to the shares of Indian Energy Exchange (IEX) which led to illegal gains of over Rs 173 crore. Those named in the order are Bhoovan Singh,…