INVESTOR ISSUES


Moneylife Digital Team 14 August 2024
National Stock Exchange (NSE) has increased the ceiling amount payable out of its investor protection fund (IPF) trust to Rs35 lakh from Rs25 lakh per investor per claim. This limit will be applicable for claims received against the trading members (TM) who have been declared defaulters or have...

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Moneylife Digital Team 11 August 2024
In a stunning allegation, US-based short seller Hindenburg Research claims that SEBI chairperson Madhabi Puri Buch had a stake in obscure offshore entities used in the Adani money siphoning scandal. Ms Buch, however, 'strongly' denied the 'baseless' allegations and insinuations made in the...

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All good things must come to an end; and this applies to governments, markets and exchanges alike. Recent global developments have underscored this truth. India’s stock market, which has been the big shining spot for the Narendra Modi-led government, finally cracked under the impact of a stock...

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Moneylife Digital Team 08 August 2024
Market regulator Securities and Exchange Board of India (SEBI) has barred Ajay Kumar Chaddha (noticee) for two years for providing illegal investment advisory services. While slapping a fine of Rs6 lakh, SEBI also asked Mr Chaddha to refund over Rs25 lakh collected as fees from clients or...

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Moneylife Digital Team 05 August 2024
Investors of Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) have not paid any money after December 2021, while investors of PACL Ltd   have been paid over Rs1,021 crore. According to a reply by finance minister (FM) Nirmala Sitharaman in the Lok Sabha,...

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On 4th June,  the Lok Sabha election results shocked the market and jolted the ruling Bharatiya Janata Party. But the market was perturbed for barely two hours. By noon, stocks started recovering and, within a week, surpassed the all-time high it had hit just before the election results. A...

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Moneylife Digital Team 31 July 2024
The ongoing controversy surrounding the proposed delisting of ICICI Securities Ltd has taken a new turn, with an investor moving the Bombay High Court (HC) to challenge the Securities and Exchange Board of India's (SEBI’s) decision to grant relaxation from delisting rules to ICICI Bank Ltd....

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Moneylife Digital Team 30 July 2024
In a move to bolster investor protection, Securities and Exchange Board of India (SEBI) has introduced SEBI’s virtual assistant (SEVA), an advanced artificial intelligence (AI)-powered chatbot.    SEVA, currently in its beta version, is designed to streamline investor interactions and provide...

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Moneylife Digital Team 26 July 2024
More than 70% or 7 out of 10 individual intra-day traders in the equity cash segment have incurred losses in FY22-23, shows a study conducted by market regulator Securities and Exchange Board of India (SEBI). The study also noted a surge of over 300% in the number of individuals participating...

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Moneylife Digital Team 26 July 2024
The arbitration tribunal (AT) in Mumbai has directed Central Depository Services Ltd (CDSL) to restore within 15 days the securities along with all corporate benefits accrued of an investor-client of Anugrah Stock and Broking Pvt Ltd (ASBPL).    In an order last month, the AT bench of Rajesh...

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Moneylife Digital Team 26 July 2024
While hearing the case against Anugrah Stock and Broking Pvt Ltd (ASBPL), the special Maharashtra Protection of Interest of Depositors (MPID) court slammed the economic offences wing (EOW) of Mumbai police for the delay and slow progress in the investigation. The court directed EOW to look into...

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Moneylife Digital Team 25 July 2024
National Stock Exchange (NSE) has issued a warning about a Telegram channel, 'Banknifty Express' that is operating through mobile number 8306829377 and collecting funds from the public and providing securities market tips for trading and assured or guaranteed returns on investment in the stock...

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Moneylife Digital Team 19 July 2024
On 9 July 2024, a significant corporate drama unfolded at the Mumbai bench of the national company law tribunal (NCLT) as ICICI Securities, an affiliate of ICICI Bank, India's second-largest private-sector lender, found itself defending its proposed delisting against objections raised by...

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Moneylife Digital Team 17 July 2024
Market regulator, Securities & Exchange Board of India (SEBI), proposed a new investment product category that could bridge the perceived gap between mutual funds and portfolio management services (PMS). In its consultation paper, SEBI suggested a minimum investment of Rs10 lakh for the new...

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Moneylife Digital Team 15 July 2024
In a significant move to enhance regulatory oversight in the securities market, Bombay Stock Exchange (BSE) Limited has been granted recognition by the Securities and Exchange Board of India (SEBI) for the administration and supervision of Research Analysts (RAs) and Investment Advisers (IAs)....

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Admittedly, nine out of 10 investors in the stock market today began trading after 2020 and the COVID lock-down, primarily through the secondary market. Consequently, the issue I am writing about may seem foreign to them. However, many new investors are subscribing to the plethora of initial...

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Moneylife Digital Team 13 July 2024
A trader on the Zerodha platform known by the social media username 'Overtrader', recently faced a harrowing experience when a technical glitch on the trading platform led to a loss of approximately Rs10 lakh. The incident shows the potential risks traders face in the digital age and the steps...

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Moneylife Digital Team 12 July 2024
Zerodha, one of India's leading discount brokers, reported that some of its users were experiencing difficulties with their Bombay Stock Exchange (BSE) Futures & Options (F&O) orders. The brokerage firm attributed this problem to a connectivity issue with the BSE, resulting in orders being...

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Moneylife Digital Team 09 July 2024
The Securities and Exchange Board of India (SEBI) is taking steps to address the growing concern of excessive speculation in the derivatives market, driven by high retail participation in recent years. Last month, SEBI appointed an expert working committee to tackle this issue and the panel has...

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Moneylife Digital Team 08 July 2024
A court in Kudal in Maharashtra has sent Girish Kumar Pahwani, Laxmikant Sharm, Hemant Agrawal and Swapnil Prajapati, the four directors of Indore-based Highbrow Market Research Pvt Ltd (Ways2Capital), to judicial custody. They were arrested in a share trading fraud worth Rs25 lakh by the...

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