SAT junks Sebi's RS 7 crore fine on NSE in dark-fibre case

The Securities Appellate Tribunal (SAT) has quashed Sebi's order imposing a fine of Rs 7 crore on NSE in the dark-fibre case. Additionally, the tribunal set aside a fine of Rs 5 crore on Anand Subramanian. The SAT ruling came after 16 appeals were filed against Sebi's order passed in June 2022. The case relates to the alleged...