Sebi bars TV anchor Hemant Ghai, wife and mother for ‘fraud in trading’

The Securities and Exchange Board of India (Sebi) on Wednesday barred a television (TV) anchor Hemant Ghai, his wife and mother from accessing the capital markets for indulging in fraudulent trading activity.

The market regulator has alleged that the three individuals pocketed nearly Rs 3 crore between January 2019 and May 2020 by dealing in stocks that were being recommended on TV show Stock 20:20 on CNBC Awaaz, a leading business news channel.

“It was observed that Jaya Hemant Ghai (wife) and Shyam Mohini Ghai (mother) have undertaken a large number of Buy-Today-Sell-Tomorrow (BTST) trades during the relevant period in synchronization with the recommendations made in the Show. Shares were bought on the previous day to the recommendations being made on the stock 20-20 show and sold immediately on the recommendation day,” said Madhabi Puri Buch, whole time member (WTM), Sebi in an order.

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US President Donald Trump, wife Melania test Covid-19 positive, quarantined

US President Donald Trump and Very first Lady Melania Trump examined favourable for Coronavirus on Thursday.

“Tonight, @FLOTUS and I examined favourable for Covid-19. We will begin our quarantine and restoration system immediately. We will get by way of this With each other!” Trump tweeted.

Trump introduced about placing himself in quarantine in a tweet late Thursday night time after his near aide Hope Hicks was examined favourable with Covid-19.

The advancement is most likely to convey to a standstill his hectic election marketing campaign.

“Hope Hicks, who has been functioning so tricky devoid of even using a compact crack, has just examined favourable for COVID-19. Terrible! The initially girl and I are waiting around for our take a look at benefits. In the meantime, we will begin our quarantine system!” Trump reported in his tweet previously.

ALSO Read: Coronavirus Stay update: Donald Trump, Melania take a look at favourable

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