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Axis MF CEO Chandresh Nigam out, B Gopku

$25/hr Starting at $25

  • In addition, the fund house also appointed Ashish Gupta to be its new chief investment officer. The fund house has been plagued by the front-running scandal that came to light last year when it suspended its former chief dealer Viresh Joshi after finding him guilty in an internal investigation.
  • The Securities and Exchange Board of India (SEBI) on February 28 said it has barred Joshi and 19 others in a front-running case linked to the fund house. 
  • The market regulator said it identified Rs 30.5 crore as wrongful gains accrued due to the alleged front-running activities and directed that this amount be impounded from the entities.

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  • In addition, the fund house also appointed Ashish Gupta to be its new chief investment officer. The fund house has been plagued by the front-running scandal that came to light last year when it suspended its former chief dealer Viresh Joshi after finding him guilty in an internal investigation.
  • The Securities and Exchange Board of India (SEBI) on February 28 said it has barred Joshi and 19 others in a front-running case linked to the fund house. 
  • The market regulator said it identified Rs 30.5 crore as wrongful gains accrued due to the alleged front-running activities and directed that this amount be impounded from the entities.

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