Sebi sacks broker-directors of BSE
SEBI has finally decided to act tough on erring stock exchange officials. In an unprecedented step, the market regulator on Monday virtually sacked all seven elected stock brokers on the governing board of the BSE by ordering them not to act as directors until further notice.
`Did Credit Suisse sell, for whom?' -- Rathi tapes unplugged
While ex-BSE President Anand Rathi now says that he knew all along that his conversation with the BSE’s surveillance officer was being taped (these are the tapes that forced his resignation), the transcript shows just how porous the entire system is.
The rise and fall of Ketan Parekh
It was over 15 months ago that Ketan Parekh was reverentially nicknamed the ``One-man Army'' by a section of the business press. Though his influence over the market then rivalled that of one-time Big Bull Harshad Mehta, Parekh himself remained resolutely low profile.