India Tax Officials Survey Jane Street Partner’s Mumbai Office

July 31, 2025, 12:37 PM UTC

India’s income tax officials are conducting a survey at the Mumbai office of Nuvama Wealth Management Ltd., the local trading partner of Jane Street Group LLC, the wealth management firm confirmed on Thursday.

The company is extending “full co-operation” and sharing “requisite information” with the authorities, Nuvama said in a filing to exchanges, adding the survey was yet to be concluded.

The visit is linked to an ongoing investigation by the country’s markets regulator into alleged market manipulation involving the US firm, people with knowledge of the information told Bloomberg News, asking not be named citing confidentiality. India’s finance ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.