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SC orders IPO scam-accused to pay penalty The Supreme Court on Wednesday allowed Dhaval Mehta, allegedly the brain behind the IPO scam of 2005-06, to deposit the Rs 1-crore penalty imposed by the market regulator within a week. Sebi had also barred him from trading in the securities market for two years.
IPO scam accused agrees to pay Rs 1 cr penalty on SC orders Dhaval Mehta, the brain behind the IPO scam in companies like Suzlon Energy and IDFC, today agreed in the Supreme Court to deposit Rs 1 crore penalty imposed on him by market regulator the Securities and Exchange Board of India (Sebi).

Luton bowlers do the job as Broxbourne defeated Cricket round-up
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Gujarat gives Big Mac golden dots After Deesa's potato, another Gujarat ingredient has forced its way on to McDonald's platter. Burger fans across the country will savour McDonald's buns garnished with Gujarati 'tal', or sesame seeds. The food chain, one of the largest in the world, has now started to procure sesame seeds from Rajkot.
The curious case of Irfan Pathan Despite a good showing in the Indian Premier League and domestic season, Irfan Pathan continues to find himself in the wilderness.
Local coach fights rare blood disorder Bill Morton couldn't wait to call home. It was April 1969, and the day of his dreams had arrived.
Oil leak plugged, will take a month to clean spill 400 tonnes of oil spread in water, probe ordered.
Oil leak plugged, but Maha govt has tough task ahead Maharashtra government has said it will take a month to clean up the coast where the slick spread after two Panamian cargo vessels collided.
Card Player Media Expands into India -