LIC sacks employee involved in front-running case
IndianExpress | March 21, 2024 10:35 AM CST
Life Insurance Corporation of India (LIC) on Wednesday said it has sacked an employee involved in a stock market front-running case which was under investigation by market regulator Sebi. “Yogesh Garg was an employee in the cadre of Administrative Officer of LIC. He has been removed from the services of the Corporation following the due administrative procedure by the disciplinary authority consequent to his involvement in the front running,” LIC said in an exchange filing. On Tuesday, Sebi said in a confirmatory order that the restraint imposed vide the interim order dated April 2...
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