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BREAKING NEWS

Mallya barred from markets for three more years: Sebi

02 Jun 2018
New Delhi June 2 (IANS) Market regulator Securities and Exchange Board of India (Sebi) on Friday ordered that absconding business tycoon Vijay Mallya shall continue to be restrained from accessing the securities market for a further three years.
According to a Sebi order in "the matter of fund diversions and or improper transactions in United Spirits" Mallya has also been restrained from holding position "as Director or Key Managerial Person of a listed company for a period of five years".

--IANS rv/vd