Tuesday 27 May 2014

Bullion King Prithiviraj Kothari named for manipulating trades on MCX

PricewaterhouseCoopers (PwC)'s report on the forensic audit of Multi Commodity Exchange (MCX) has found five entities, including bullion king Prithviraj Kothari-controlled RiddhiSiddhi Bullion, and the broking arm of leading investment banking firm Edelweiss Securities, to have carried out wash trades on the exchange.  read more

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