Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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Please investigate the fraud committed by private banks, SAT and SEBI on Karvy stockbroker investors. You may recall that the investors shares were pledged by Karvy and took 1300 crores from banks with the active connivance of crooked bank officials who never asked Karvy the question whether it was legal to pledge without the consent
Most of the shares pledged were that of Blue chip companies like Reliance, HUL, Asian Paints, Tata Steel etc.
The banks are going to benefit a big way because the share of Reliance was 1700 rupees four years ago. Today it's 3000 rupees. Tata Steel, which split its share 1:10, was 300 rupees four years ago. Today it is 170 rupees. Besides Reliance Industries declared bonus shares of 1:1 and also gave 1:1 share of Jio Financial Services as a reward to investors. Imagine the windfall for these crooked banks. Please expose these scoundrels
India is Not Free Yet how much it punished for any of the Violations at Small Amount , Small Violations are Common in Industries? It's usually why not in reports
Looks India is running like Russian Oligarchs FIIs are taking this note and therefore not investing in India
Bad for Reputation of Indian Stock Market
What happens when Mutual Funds SIPs Stops in Indian Market due to Job Loss due to AI
To the best of my knowledge, those who are employed by govt and semi -government agencies have to submit declarations every year. Those declarations are available for audit and vigilance arms of the govt. But, I don't think they are meant for public disclosure under RTI.
But, any citizen of India can complain about any govt servant to CVC, and without a strong basis, CVC can't deny acting on the complaint.
This is probably with the intention of protecting those in the sensitive positions from malafide and frivolous complaints and probes.
So, while it makes a good headline for newspapers, there isn't much there.