CNBC Awaaz's former anchor Hemant Ghai agreed to pay ₹1.45 crore to settle a case initiated by market regulator Securities and Exchange Board of India (SEBI), over alleged sharing of material non-public information and trading ahead of stock recommendations on his TV show ‘Stock 20-20’. In March this year, while barring Mr Ghai, his wife Jaya and mother Shyam Mohini Ghai from accessing markets for five years, SEBI had directed the TV host and his wife to disgorge Rs6.16 crore earned from the ill-gotten trades. SEBI had also imposed a penalty of Rs1.35 crore on four, including Mr Ghai, his wife Jaya, MAS Consultancy Service and Motilal Oswal Financial Services Ltd. The settlement ends a multi-year investigation in which SEBI observed a strong correlation between his televised recommen

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