Related News

Ex Malaysian Prime Minister Dr Mahathir Muhammad shares 6 habits which he calls his longevity secret at 100

“You have to remain active, sit down, and just do nothing that is bad for your health,” Dr Mahathir told The Straits Times. The advice may sound simple, but the

10 elephant volunteering trips that combine travel with a cause

When it comes to elephant volunteering, Thailand’s Elephant Nature Park is one of the best places to start with. Located near Chiang Mai, this sanctuary rescues elephants from logging camps,

5 drinks Koreans consume to delay ageing

Antioxidant power: Every drink above has antioxidants in different forms – green tea, barley tea, fruit bioflavonoids, which help reduce oxidative stress, a major cause of ageing. Gut-health support: Many

Ireda bonds get tax exemption: Centre grants Section 54EC status to support green energy; move to ease capital gains burden on investors

In a move aimed at boosting low-cost fundraising for the renewable energy sector, the central government has accorded tax-saving status to bonds issued by the Indian Renewable Energy Development Agency

Guru Purnima 2025: Sadhguru’s 10 wise quotes on the true role of a guru

On July 10, 2025, the sacred full moon of Ashadha, celebrated as Guru Purnima, offers a special moment to reflect on the role of a Guru in one’s life. In

Nestle India receives warning from Sebi for violations of insider trading norms

Word Count: 536 | Estimated Reading Time: 3 minutes

NEW DELHI: Sebi has issued a cautionary letter to Nestle India regarding an alleged breach of Insider Trading regulations by a high-ranking company official. According to a regulatory filing on Friday, Nestle India received an “administrative warning letter” from the Securities and Exchange Board of India (SEBI). The company has not revealed the identity of the individual involved.
“The Compliance Officer of the Company has received an administrative warning letter from the Deputy General Manager of Sebi for violation of Sebi (Prohibition of Insider Trading) Regulations, 2015 (‘PIT Regulations’) by a designated person of the Company,” it said.
A Nestle India spokesperson subsequently stated that this development would not significantly affect the company’s operations, PTI news agency reported.
“We would like to categorically assert that this information has no impact on the financial and operational capabilities of the company. The information has been provided in accordance with Regulation 30 of Sebi Listing Regulations,” said Nestle India.
Insider trading represents a significant violation in market operations. This practice involves the trading of securities, including equity and bonds, by company insiders such as employees, directors, executives and promoters.
To safeguard common investors’ interests and ensure fair market practices, Sebi has implemented regulations preventing companies from acquiring their own shares through secondary market transactions.

Source link