Jane Street to face I-T Dept probe over SEBI's allegations: Report

The Income Tax Department is likely going to investigate US-based trading firm Jane Street Group after SEBI alleged that the firm manipulated the Bank Nifty Index for profit, reports stated. SEBI's interim order states to impound over ₹4,843 crore from Jane Street in alleged unlawful gains. The I-T department is reportedly reviewing this order to investigate potential income tax violations.