In case you have read my earlier piece, and your curiosity has been whetted as to which ‘damn fool’ would hand over a right and take on an obligation for a paltry premium, here’s the answer.
The person that does this is an option seller (or writer). He takes on an obligation without...
Investors who lost over Rs1300 crore in the Anugrah and TejiMandi collapse were shocked to see a new twitter handle of the same name (@TejiMandiApp) actively soliciting business.
Moneylife received several messages asking if TejiMandi has been allowed to revive. Several people...
In a civilised society, rights and obligations are matched. If you rent a house, you have the right to live in it and the obligation to pay rent, while the landlord has the right to get rent and the obligation to let you live in it. If either side does not meet its obligation, it loses the...
As many as over 1.27 million investors of PACL Ltd, with a claim of up to Rs10,000, have received more than Rs438 crore, says market regulator Securities and Exchange Board of India (SEBI).
The Justice Lodha committee is supervising the SC-ordered process of selling PACL's assets...
The Securities and Exchange Board of India (SEBI) has imposed a penalty on an individual for his failure to comply with disclosure requirements while dealing with the shares of ITC Ltd.
SEBI conducted an investigation in the scrip of ITC from 1 April 2018 to December 2018 to...
