Saturday, December 21

Tag: Whatsapp earnings leak

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