Sebi has turned down settlement requests from Anil Ambani, his family, and Rana Kapoor. The case involves investments between Reliance Nippon and Yes Bank. Investigations revealed Ambani influenced investment decisions. Sebi might settle with Nippon Life India Asset Management and some officials. Legal action will proceed against Ambani and others. The Enforcement Directorate is also investigating the matter.
Cook County Circuit Judge William Sullivan sanctioned attorney Danielle Malaty with a fine of $10 on July 16 for her improper use of artificial intelligence.
India's market regulator will further simplify regulations for foreign investors to encourage long-term capital flows into the country, the Securities and Exchange Board of India said in its annual report published on Tuesday.
