Date:26/04/2007 URL: http://www.thehindu.com/2007/04/26/stories/2007042605491700.htm

Business - Briefly

SEBI bans Jalco Group

MUMBAI: The Securities and Exchange Board of India on Wednesday banned the Jalco group, its directors and 14 associate companies from dealing in shares of Ahmedabad-based GHCL for indulging in synchronised trading and manipulating the share prices of GHCL on Bombay and National stock exchanges.