INVESTOR ISSUES


Moneylife Digital Team 20 May 2023
The Supreme Court-appointed expert committee investigating the volatility in Adani group stocks has endorsed the need to create a Central Unclaimed Property Authority (CUPA) “to bring sharp focus to the area of unclaimed properties such as securities, dividends and bank deposits belonging to...

Read More



Moneylife Digital Team 08 May 2023
As many as over 1.96mn (million) investors of PACL Ltd, with a claim of up to Rs17,000, have received more than Rs919 crore, says market regulator Securities and Exchange Board of India (SEBI).   The justice RM Lodha committee is supervising the Supreme Court (SC)-ordered process of...

Read More



Apple's new high-yield savings account has drawn nearly $1 billion in deposits in just four days of its launch, the media reported, amid a cascade of US bank failures, the latest being First Republic Bank.   On launch day alone, the Apple savings account, which gives 4.15 per cent...

Read More



Moneylife Digital Team 05 April 2023
The National Stock Exchange (NSE) has issued two separate warnings about Naga Rathnam and Archana Patel who as the Exchange says, have been trying to cheat investors.   In a release, NSE says Archana Patel associated with Piramid Solution is operating through a mobile number...

Read More



The Government has effected significant hike in interest rates of small savings schemes, like senior citizen saving schemes, national saving certificate (NSC), Sukanya Samriddhi Yojana and monthly income scheme (MIS). The new rates will be effective from April 1, 2023 till June 30, 2023, i.e...

Read More



Moneylife Digital Team 20 March 2023
The Supreme Court (SC) has declined to stay the order passed by the Securities Appellate Tribunal (SAT), which had set aside the Securities and Exchange Board of India (SEBI)’s order in the National Stock Exchange (NSE) co-location (Colo) case.     According to the report by Bloomberg...

Read More



Updated at 19.10 on 9 March 2023 to include a response from Saraswat Bank and the author   Saraswat Cooperative Bank Ltd is a scheduled bank. It is a ‘cooperative society’. It has recently released an ‘offer document’ that is for a Rs400 crore bond issue. The bonds have a life of 10...

Read More



Alan Verghese 08 March 2023
There is a significant increase in the participation of women in business and finance, according to a report by a credit rating agency, CRIF Highmark, on International Women's Day. This is evident from new to-credit (NTC) originations to women borrowers.    The study shows the share...

Read More



IANS 16 February 2023
The 'Father of the internet' and Google 'internet evangelist' Vint Cerf has warned businesses not to rush into making money from conversational AI just 'because it's really cool.'   The warning comes amid a surge in popularity for ChatGPT, reports CNBC.   "There's an ethical...

Read More



Moneylife Digital Team 11 February 2023
The economic offences wing (EOW) of Amravati police in Maharashtra has filed a charge-sheet against Anugrah Stock & Broking Pvt Ltd (ASBPL), its proprietor Paresh Kariya, Anil Gandhi, proprietor of Teji Mandi Analytics Pvt Ltd (TMAPL), National Stock Exchange (NSE), Vikram Limaye, former...

Read More



Market-linked debentures (MLD) have been around for some time now and their unique structure, where the coupon is not a fixed rate like common debentures but linked to certain events with some marginal uncertainty, helped qualify them as a different class of asset for tax...

Read More



Moneylife Digital Team 28 January 2023
While the number of unique individual traders who traded through a sample of the top-10 brokers in the equity futures and options (F&O) segment jumped five times to 4.52mn (million) in FY21-22, nine out of 10 individual traders incurred losses, says a research note from Securities and...

Read More



Moneylife Digital Team 20 January 2023
In a significant order and relief to investors, the Bombay High Court (HC) on Friday set aside an order from the administrator of Yes Bank and a letter by the Reserve Bank of India (RBI) to write off additional tier-1 (AT-1) bonds sold by Yes Bank to ineligible investors. The order was passed...

Read More



Moneylife Digital Team 18 January 2023
Upholding an order passed by state consumer disputes redressal commission in Delhi, the national consumer disputes redressal commission (NCDRC) directed Karvy Computershare Pvt Ltd and JSW Steel Ltd to jointly pay Rs5 lakh in lump sum to make good the financial loss suffered by the...

Read More



Moneylife Digital Team 16 January 2023
National Stock Exchange (NSE) has issued a warning about one Bhavika Patel, an unregistered investment advisor, who, the Exchange says, has been trying to cheat investors.    In a release, NSE says Bhavika Patel calls various investors from a mobile number +91-886-656-9092. She is...

Read More



Akshay Naik 14 January 2023
The Supreme Court on Monday directed the Securities and Exchange Board of India (SEBI) and Sahara India Real Estate Corp Ltd, to file responses to three intervention applications (71960, 71965 and 71987 of 2021) filed by Moneylife Foundation, as well as other interim applications, in the...

Read More



Moneylife Digital Team 30 December 2022
The Union government has hiked the interest rates of a few small savings schemes by between 20bps (basis points)  and 110bps for the January-March 2023 quarter. The finance ministry announced this via a circular issued on 30 December 2022. The interest rates of schemes like the Senior Citizen...

Read More



IANS 20 December 2022
Finance Minister Nirmala Sitharaman on Monday accepted, in the Parliament that the process of recovering money by small depositors from bad debts is very complicated and lengthy, and there is a need to simplify it.   Replying to a question by NCP member Supriya Sule during Question...

Read More



Moneylife Digital Team 14 December 2022
The National Stock Exchange (NSE) has warned investors about one person, Jay Prakash, operating through mobile number +91-932-167-7629, collecting funds from the public and providing assured and guaranteed returns on investment. He is also asking investors to share their trading account's...

Read More



IANS 02 December 2022
The enforcement directorate (ED) on Friday said that they have arrested four persons, including three directors of a private firm, in connection with a case connected to cheating the public of Rs108 crore on the pretext of trading.   The accused were identified as R Aravinth, S...

Read More

Free Helpline
Legal Credit
Feedback