Sebi imposes penalties on Motilal Oswal, and Anand Rathi in separate cases
Markets regulator Securities and Exchange Board of India (Sebi) on Thursday imposed penalties of Rs 7 lakh and Rs 5 lakh on Motilal Oswal Financial Services (MOFSL) and Anand Rathi Share & Stock Broking, respectively, in separate cases after conducting inspections for alleged violation of stock broking norms. The penalty was slapped on MOFSL after…