SEBI uncovers a front-running scam involving Ketan Parekh, a previously imprisoned stock market operator, and Singapore-based trader Rohit Salgaocar, with unlawful gains of Rs 65.77 crore impounded. The scam involved sharing trade information from a fund house to make illegal profits. SEBI has restrained 22 entities from trading or associating with the securities market.
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Reliance Industries Limited director Akash Ambani has promised to turn Gujarat's Jamnagar into a global leader in Artificial Intelligence (AI) infrastructure over the next two years. He was speaking at an event marking the 25th anniversary of Reliance’s first refinery in Jamnagar. In an address to employees and their families, Akash Ambani announced plans for the development of AI infrastructure.
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Dibrugarh Municipal Corporation launches an initiative to install Unique Identification Number plates on over 24,000 properties, streamlining tax collection and property identification through QR code-enabled plates, providing instant access to property information and tax details, aiming to complete the project within six months.
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