Sebi cracks whip on Alchemist Infra; orders refund to investors

In a fresh crackdown against ‘collective investment schemes’, Sebi has asked Alchemist Infra Realty Ltd to wind up all such activities and refund the money collected from public investors, which could be more than ₹ 1,000 crore, within three months. Besides, the company and its five directors...read more