Another new identity number and this is not the last!

If you are a mutual fund investor, your account may have been frozen from the beginning of January if you have not got a new identity - a separate Mutual Fund Identification Number (MIN). To invest, it is already mandatory to have a Permanent Account Number issued by the Tax Department (never mind that PAN has been easily faked). Banks...

It is now well known that when companies delist from the stock market, it is the investors who are punished and not the management. That is why the regulator has gradually curtailed the power of stock exchanges to delist companies. But the Finance Ministry has now proposed a set of amendments to the Securities Contracts (Regulation) Act (SCRA) that will turn the clock back and hurt...