INVESTOR INTEREST


Moneylife Digital Team 30 June 2022
Reserve Bank of India's (RBI) clarification that prepaid payment instruments (PPIs) like e-wallets and prepaid cards may not be allowed to extend credit through these instruments, forms part of an overall tightening of digital financial services regulation. While the regulatory changes will...

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Moneylife Digital Team 30 June 2022
Arvind Fashions (AF) is a premium and mass premium branded apparels, footwear, beauty and accessories retailer with significant online presence. Its own denim brand Flying Machine is among the top-3 denim brands on Flipkart. Its international brand portfolio includes renowned brands such as...

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Moneylife Digital Team 30 June 2022
VRL Logistics Ltd (VRL), a goods and passenger transportation company, is primarily focused on the LTL (less-than-truckload) segment (90% of revenues) followed by a 7% contribution from the passenger bus service segment. Unlike most other players, it operates its own fleet of 4,816 trucks...

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Moneylife Digital Team 30 June 2022
Securities and Exchange Board of India (SEBI) has barred Parsvnath Developers from the securities market for six months and imposed a penalty of Rs15 lakh on the company for flouting listing rules. The company has been directed to pay the penalty within 45 days, SEBI said in an...

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Moneylife Digital Team 30 June 2022
From 1st July onwards, mutual fund investments cannot be initiated from a pool account. As per the Securities and Exchange Board of India  (SEBI), first the money has to go from the investor's bank account to the bank account of the mutual fund house. Accordingly, all stock exchanges-led...

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Bonnie Patten (TruthInAdvertising.org) 30 June 2022
Consumers can not afford to go it alone when it comes to atypical income claims.   In May 2022, TINA.org filed a comment concerning the US Federal Trade Commission (FTC)’s request for statements regarding its consideration of proposing a rulemaking to address deceptive or unfair...

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Moneylife Digital Team 30 June 2022
We had mentioned in Wednesday’s closing report that Nifty and Sensex will rise if the US markets stays firm. On Thursday, the indices opened gap down, and ended in slightly in the red. On the National Stock Exchange (NSE), 763 stocks advanced, 1,295 declined, and 69 remained unchanged with...

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The US made insider trading illegal way back in 1934; and, yet, an academic study in 2020 showed that only about 25% of it is ever detected and prosecuted. Despite continuous efforts by policy-makers around the world to tighten rules and plug loopholes, people continue to profit from advance...

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Moneylife Digital Team 29 June 2022
The Securities and Exchange Board of India (SEBI) has imposed heavy penalties in a 2015 ‘dark fibre’ case that saw certain brokers exploiting the National Stock Exchange’s (NSE’s) internet infrastructure to get faster connectivity to its co-location (Colo) facilities.   The market...

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Moneylife Digital Team 29 June 2022
The US Securities and Exchange Commission (SEC) has charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain certified public accountant (CPA) licences and for withholding evidence of this misconduct from the SEC's enforcement division...

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Moneylife Digital Team 29 June 2022
Unavailability and price rise of nitric acid has been a key concern for various chemicals companies. For instance, Aarti Industries faced shortage of nitric acid which impacted its specialty chemicals sales as it is a key raw material in the manufacturing of nitrobenzene. Growth in India’s...

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Moneylife Digital Team 29 June 2022
Market regulator Securities and Exchange Board of India (SEBI) on Wednesday allowed foreign portfolio investors (FPIs) to participate in the exchange-traded commodity derivatives (ETCDs) market. Under the mutual fund (MF) regulations, the SEBI board also removed the applicability of the...

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Moneylife Digital Team 29 June 2022
Alicon Castalloy Ltd (Alicon) was formerly known as Enkei Castalloy; its new name originated from combination of aluminium and icon to form Alicon. It manufactures aluminium castings, such as cylinder heads, support brackets, crankshafts and engine brackets, for the auto industry. Alicon...

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Moneylife Digital Team 29 June 2022
Securities and Exchange Board of India (SEBI) has asked PTC India Financial Services (PFS) not to make any changes to the company’s board until completion of the forensic audit.   Earlier in January, SEBI had asked PFS to address corporate governance and other issues raised by its...

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Moneylife Digital Team 29 June 2022
Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs1 lakh each on Coffee Day Enterprises Ltd and Coffee Day Trading Ltd for failing to disclose the pledged and unpledged shares of Mindtree Ltd to the companies and stock exchanges.   Coffee Day Trading (CDTL) is a...

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As fires in electric vehicles (EVs) continue unabated in the country, an expert committee set up by the Union road transport and highways ministry has found safety system flaws in batteries of electric two-wheelers (2W).   The electric 2W manufacturers took shortcuts in order to bump...

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Moneylife Digital Team 29 June 2022
Securities and Exchange Board of India (SEBI) has issued new adjustment rules for dividends in futures and options (F&O) scrips.   "It has been decided that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2% of the market...

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The US Federal Trade Commission (FTC) has sued retail commerce giant Walmart for allegedly allowing its money transfer services to be used by fraudsters, who fleeced consumers out of more than $197 million.   In its lawsuit, the FTC alleged that for years, the company turned a blind...

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Moneylife Digital Team 29 June 2022
On Wednesday, the indices opened gap down and ended with loss. On the National Stock Exchange (NSE), 822 stocks advanced, 1,220 declined, and 89 remained unchanged with advance decline ratio of 0.67.   The trend of the major indices on Wednesday’s trading are given in the table...

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The Calcutta High Court on Monday appointed a judicial committee to ensure that the victims in West Bengal who have lost their hard-earned money after investing in different chit fund companies are duly compensated.   Calcutta High Court's division bench of Justice Indra Prasanna...

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