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SEBI bans CNBC anchor for coddling in sham trading practices

By - AlShorts Web Desk

SEBI banned CNBC Awaaz anchor Hemant Ghai and his family from the capital markets for indulging in sham trading practices. Following the order, the Network18 Group has terminated Ghai with immediate effect, according to the sources. Further, the investment markets watchdog has directed to confiscate the proceeds of INR29.5 million generated by fraudulent trades.

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