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Alibaba's Ma expresses 'regret' over counterfeits lawsuit

The suit accuses Alibaba of mail fraud and racketeering, including processing payments for goods it knew were counterfeit.

Concerned over grey market growth, SEBI calls for one regulator

Expressing concerns over a fast-growing grey market in the financial sector, SEBI chief U K Sinha on Wednesday called for a single watchdog to regulate all entities collecting public money under various illegal means.