Factorial Allowed to Access Indian Markets Again

Mumbai: Hong Kong-based hedge fund Factorial Master Fund has been allowed to access the Indian capital markets, ending more than a year-long ban by capital market regulator Securities and Exchange Board of India Sebi in an alleged insider trading case. The ban on Factorial, founded by Indian-origin banker Barun Agarwal, has been revoked pursuant to Sebi failing to issue a show cause notice to the fund within a time-frame granted by ...