BUSINESS
With not more than Rs 600 stake, shareholder triggers Sebi probe into former Eveready Ind owner
The shareholder had bought just 10 shares, or 0.0001% of Williamson Magor and Co's total shares in 2019. when he/she filed the complaint.
BUSINESS
'Deepfaked' investing scams explode; here're 6 tips to outsmart them
With deepfakes catching on and impersonating trusted voices in the market, here's a guide on how to deal with such content
BUSINESS
Where JP Morgan Chase's Jamie Dimon and Jefferies' Christopher Wood disagree
The two market veterans, whose commentary is eagerly awaited by shareholders, hold differing views on how the US should respond to the current international conflicts.
BUSINESS
Dabba-trading platform TradeX uses Nawazuddin Siddiqui’s star power to sell; ropes in PR Sundar too
Legal experts say that the actor headlining the platform’s ad could turn out to be a legal liability.
BUSINESS
MC Explainer: What's all the fuss around RBI's Jan 5 circular on currency-derivatives trading?
Traders and brokerages believe that the RBI move will kill a market segment that has taken more than a decade to build.
BUSINESS
Finfluencer Ravindra Bharti asked to part with 'unlawful gains' of over Rs 12 cr; banned from market until further orders
The market regulator has passed an interim order given the urgency of the situation
BUSINESS
Currency derivative positions without exposure risk regulatory rap, but is there any escape hatch?
Traders who claim underlying exposure when they have none could be asked to pay heavy fines under Foreign Exchange Management Act (FEMA).
BUSINESS
Forex market turmoil: Exchanges' poor communication and not RBI's circular causing losses in currency-derivatives, say sources
Leading exchange issued circulars in this regard to brokerages only on April 1, which was just few days before the earlier deadline.
BUSINESS
Bourses ask brokers to ensure compliance with RBI directive on currency derivatives' trading
With a day to go for RBI’s directives on trading in currency derivatives to kick in, the National Stock Exchange and BSE are asking brokerages to ensure compliance.
BUSINESS
A company that no one wants. Owners regret acquiring: “We didn’t know”
The Securities and Exchange Board of India has told the present promoters of POMPL to make an open offer at nearly 10X the current price of Rs 2.
BUSINESS
Two Gujarat-based, one Noida-based brokerages see huge losses; illegal deals with traders come back to bite
Traders hired by these brokerages are finding it difficult to manage the market behaviour, according to market sources
BUSINESS
Technical analyst uses institutional investor's office, Wi-fi to frontrun its trades; penalised 2x profits made
The market regulator asked the analyst to disgorge illegal gains of over Rs 38 lakh and pay penalty of over Rs 77 lakh
BUSINESS
Finfluencer RA Harinder Kumar Sahu, "assured returns" with "500% profitable strategy", sees registration suspended
Sahu, who has lakhs of followers across social media channels, admitted to having taken months to clear a necessary certification
BUSINESS
Company finds novel reason to duck open-offer: driven by "intense passion for Indian classical music"
Sebi busts company's reasoning, asks Rutmarg to make a public announcement for open offer
BUSINESS
Sebi Board likely to discuss ease of doing business for FPIs, AIFs and PMS; T+0 settlement
Sebi Board meeting to be held on March 15; material change and granular detail disclosure norms for FPIs are likely to be discussed.
BUSINESS
Raining money! Finfluencer posts outrageous video to sell 'trading app', part of a pyramid scam
Moneycontrol has found that the app channels money to several bank accounts and makes it nearly impossible for users to withdraw their money from the gaming wallet.
BUSINESS
4 things SEBI is working on to stop price manipulation in SME segment
SEBI will ask for more detailed disclosures and is also closer to using artificial intelligence for examining IPO paperwork
BUSINESS
Women’s Day: 6 reasons women are better than men at trading
Their biggest strength is that they don’t think they know better, that they aren’t taken down by their overconfidence
BUSINESS
Can a Bengaluru startup hedge against a flash flood? Maybe soon
A new Sebi circular paves the way for the launch of weather derivatives and people will be able to hedge against adverse weather conditions
BUSINESS
Exclusive: Markets regulator has been investigating IPO financiers for over a year, say sources
JM Financial Products and others have been under increased regulatory scrutiny amid three circulars.
BUSINESS
Deustche Bank, HSBC, HDFC Bank, Citi Bank settle with Sebi following allegations of FPI norms violations
The banks have paid between Rs 8.25 lakh and Rs 11.05 lakh, without admitting or denying the findings and conclusions
BUSINESS
V-Marc India: Sebi finds evidence of price manipulation while investigating another case
V Mac's promoters, along with others, have been asked to hand over "wrongful gains" of Rs 6.38 crore, in Sebi's interim order dated February 29, 2021. Twelve of the 15 noticees in the order have been banned from accessing the securities market
BUSINESS
MC Exclusive| Less than a month after regulatory action, influencer RA tries to bend law again
Mudit Goyal, who was one of the noticees in the interim order involving guest experts on television, approached an RA to ‘rent’ a licence
BUSINESS
Is Sebi trying a new tactic to crack down on unregistered advisories?
Over the past month, the regulator has issued five warning letters to entities acting as unregistered investment advisories
