SEBI vs Rajesh Exports: The ₹15.15 Lakh Crore Illusion

SEBI’s 109-page interim order against Rajesh Exports alleges the Bengaluru gold giant inflated nearly its entire consolidated revenue, a staggering ₹15.15 lakh crore, between FY21 and FY25, with unverifiable overseas subsidiaries at the heart of the scandal.