SEBI’s Major Action on Anil Ambani: What Fund Diversion Triggered the Move?
In a significant development, the Securities and Exchange Board of India (SEBI) has imposed a five-year ban on industrialist Anil Ambani. This decision comes after a 22-page report outlined multiple allegations against him and his company, primarily centered around the diversion of funds. But what does this fund diversion entail, and what led to the ...