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Sebi settles disclosure violation charges against Adani Ports CEO, CFO

India's Securities and Exchange Board of India has resolved disclosure breach allegations against two Adani Ports executives, who each settled by paying 1.37 million rupees without acknowledging any fault. This action comes after a thorough probe into banking operations and inter-corporate security deposits, triggered by concerns over financial reporting violations. The inquiry was part of a…

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Mercury gets FDIC nod

Mercury received conditional approval for deposit insurance Tuesday, but “there’s still work between here and opening Mercury Bank’s virtual doors,” its founder said.

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