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WhatsApp Earnings Leak: Sebi, Bourses Checking Listed Company Trade Details

21Nov By Press Trust of IndiaNo Comments

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WhatsApp Earnings Leak: Sebi, Bourses Checking Listed Company Trade Details

[dropcap]S[/dropcap]ebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved. The companies include several listed blue-chip firms, officials said on the condition of anonymity. The exchanges are analyzing the trade data of the last 12 months of such companies in order to detect any possible breach of norms while Sebi is taking the help of data warehouse and its intelligence systems, they added. Under Sebi rules, all the financial details of listed companies should be disseminated only through stock exchanges as they are considered price-sensitive. Besides, Sebi is consider...

Lenskart To Launch IPO in 3 yrs, Aims Rs 600 Cr. Biz in 2017-18

Online eyewear firm Lenskart plans to launch its initial public offer within next three years to create value and provide exit option to existing shareholders. "As the company grows, we see IPO will create more value for everybody. We are building values with various investments in technology development in the eyewear segment and from IPO will chart out our growth path. We expect to launch it in next three years," Lenskart Founder and CEO Peyush Bansal told PTI in a statement. Lenskart expects to register 100 per cent revenue growth at around Rs 600 crore by the end of current fiscal. The company has raised around Rs 700 crore from various sources with private equity investment, among which TPG Global was one of the lead investor, till now. He said that the company does not requir...

Pokemon Go May Promote Healthy Lifestyle: Study

Playing Pokemon Go may be good for your health, say scientists who have found that the popular physically-interactive game promotes exercise and reduces sedentary behavior. Researchers from Kent State University in the US assessed the ability of the smartphone based video game Pokemon Go to increase walking and decrease sedentary behavior, like sitting. They asked over 350 college students to report their physical activity and sedentary behavior the week before they downloaded Pokemon Go, the week immediately after downloading the game, and again several weeks later. The team found that relative to the week before downloading the game, students doubled their daily walking behaviour (102 per cent increase) and reduced sedentary behaviour by 25 per cent during the first week after d...