How a $2.6 trillion fund was taken for a ride: Andy Mukherjee

Indias market regulator has discovered an alleged scheme to generate illegal gains through trades by a large overseas investor, Capital Group. Ketan Parekh, a former stockbroker previously banned for financial scams, is implicated once again. The SEBI has issued orders to return $7.8 million in illegal profits and restricted Parekh from trading.