Scandal Hits D-Street? How Rajesh Exports 'Faked' Rs 15 Lakh Crore Revenue
SEBI alleged that Rajesh Exports, an Indian company, faked Rs 15 lakh crore in revenue. The scam is believed to have occurred at the group level. The exact reason behind the alleged fake revenue is not specified. An investigation is underway.
- Rajesh Exports is a major Indian exporter of gold and other precious metals.
- SEBI alleged that the company's reported revenues were higher than what could be verified.
- The investigation is ongoing and no further details are available at this time.
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