Sebi cracks down on Ketan Parekh in new front-running case | Stock Market News
Source: Live Mint Mumbai: India’s market regulator said it has uncovered an alleged front-running scheme involving Ketan Parekh, convicted in 2008 for stock market manipulation, and Rohit Salgaocar, whose company facilitated these “illicit” trades that led to unlawful gains of ₹65.77 crore. Parekh and Salgaocar orchestrated trades based on confidential, non-public information (NPI) related to…