Sebi bans former TV anchor Pandya, 7 others from securities market for 5 years, slaps fine
Pandya hosted or co-hosted various shows on CNBC Awaaz until August 2021, while Alpesh Furiya appeared on the channel as a guest expert, providing stock recommendations on his Twitter handle. A high correlation was observed between the stock recommendations made by Pradeep Pandya on the show 'Pandya Ka Funda' and the Buy-Today-Sell-Tomorrow and intra-day trades executed by Alpesh Furiya and related entities from November 2019 to January 2021.
