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Business

SEBI Bars Punit Goenka, Subhash Chandra From Markets For 1 Year

SEBI has barred Zee Entertainment's Punit Goenka and Subhash Chandra from the securities market for one year, and the company for two months. They were also fined ₹1.48 crore for mortgaging ZEEL's Hyderabad land as collateral for Essel Group loans without proper approvals, violating disclosure and fair trade regulations.