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Mumbai police grill Veritas analyst over Indiabulls Real Estate report

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SummaryIt is not often that an analyst gets slapped with allegations of extortion, defamation and conspiracy. Nitin Mangal, a consultant with the Canada-based research firm Veritas, never thought he would face these charges when he released a strongly-worded report on Indiabulls in August last year.

charged under Section 384 (punishment for extortion), Section 500 (defamation), Section 506 (criminal intimidation) and Section 120B (criminal conspiracy) of the Indian Penal Code, and Sections 66A and 75 of the Information Technology Act.

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