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HYDERABAD: Alleging "serious irregularities and possible violation of SEBI rules" by the Telangana State Industrial Infrastructure Corporation (TGIIC), BRS MLA and former minister T Harish Rao on Thursday asked the Securities and Exchange Board of India to initiate appropriate action against the corporation under the provisions of SEBI Act, 1992 and allied regulations. Harish also wanted SEBI to investigate the process of land mortgage and loan/NCD issuance by TGIIC. In a letter to SEBI chairm ...Read More >
Hyderabad: BRS senior leader T Harish Rao on Thursday urged Chairman of the Securities and Exchange Board of India (SEBI) to order an urgent investigation into serious irregularities and potential violations of SEBI regulations by the Telangana State Industrial Infrastructure Corporation (TGIIC) and the Government of Telangana. The BRS leader wrote a detailed letter to the SEBI Chairman. In the letter, Harish Rao raised strong objections over the mortgaging of 400 acres of land in the Kancha-Ga ...Read More >
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