Mumbai-based real estate developer Akruti City is back in the headlines again for all the wrong reasons. Market regulator Sebi is going to probe an abnormal rise in price of the company’s shares over past two months. The company was a casualty of the market crash in January 2008 when private equity (PE) investors Citigroup and AIG backed out of an announced deal.
Read »Akruti City Faces SEBI Probe On Abnormal Share Price Rise
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