INVESTOR ISSUES


Moneylife Digital Team 13 October 2022
In a startling claim, Amisha Dani, non-executive independent director of Genpharmasec Ltd (formerly Generic Pharmasec Ltd), has resigned on finding that she was mentioned as the signing authority without her knowledge or consent in the company's balance sheet in the annual report (AR)....

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Towards the end of every bull market, glamorous companies, chaperoned by blue-blooded investment bankers, dump a bunch of extremely high-priced initial public offerings (IPOs) on the public, whose prices drop on listing and inflict large losses on investors.    In July 2021, CarTrade...

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Sometimes, no news is good news. After seven long years of turmoil, the very fact that the National Stock Exchange (NSE) is not making headlines for the wrong reasons sounds good. But is that good enough? India’s premier exchange has been badly battered by the co-location (Colo) scam,...

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IANS 06 October 2022
More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed.   Bitcoin is the blue chip of cryptocurrency and represents 40 per cent of the total crypto assets outstanding in...

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Moneylife Digital Team 03 October 2022
Shares of Adani group of companies suffered huge declines during Monday’s trading session. All the group stocks tanked, with its flagship company Adani Enterprises Ltd (AEL) slumping by more than 8%. The same stocks have put in a massive rally over the past two years. The correction may...

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IANS 29 September 2022
The finance ministry on Thursday clarified that premature closure of an account under the Senior Citizens' Savings Scheme (SCSS) does not get triggered due to the death of account-holder, but is applicable only when the account holder requests for the account's closure before the maturity...

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Moneylife Digital Team 29 September 2022
Market regulator Securities and Exchange Board of India (SEBI) has levied a penalty of Rs10 lakh on ARG Management Solutions Pvt Ltd for indulging in manipulation of the share prices of Nutraplus India Ltd.   The order came after the market regulator conducted an investigation into...

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Moneylife Digital Team 28 September 2022
Trouble seems to be brewing in the way Repco Home Finance Ltd (RHFL), a listed company with institutional holding, is being run. Moneylife has received exclusive information that the company's promoter, Repatriates Cooperative Finance and Development Bank (Repco Bank), has been trying to...

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IANS 28 September 2022
Some of the biggest Wall Street companies have been fined a total of US$1.8bn (billion) by US financial watchdogs after staff discussed deals and trades on their personal devices and apps.   The Securities and Exchange Commission (SEC) says the investigation uncovered 'pervasive...

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Buffeted by bad news since late last year, global markets have been falling more or less in sync right until mid-June this year. Around 17th June, markets around the world made a short-term bottom and rallied fast, right until mid-August.    During these two months, the NIFTY rose...

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Moneylife Digital Team 24 September 2022
Expressing concerns over the overseas investment rules issued by the Union ministry of finance, India's former revenue secretary EAS Sarma has urged the ministry to revisit the overseas direct investment (ODI) regime and make sure that it does not open the floodgates to unhealthy money...

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Moneylife Digital Team 22 September 2022
Soon after the acquisition, the Adani group pledged shares worth US$13bn (billion) in ACC Ltd and Ambuja Cement Ltd, which it bought from Switzerland-based Holcim Ltd. According to Jefferies Financial Group Inc, the acquisitions give Adani group access to about Rs11,000 crore or about...

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IANS 21 September 2022
Markets regulator, the Securities and Exchange Board of India (SEBI) has said that any non-profit organisation (NPO), which wants to get listed, should be registered as a non-profit entity and the registration certificate should be valid for 12 months. Also, There should not be any ongoing...

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Cezary Podkul (ProPublica) 21 September 2022
This story was originally published by ProPublica.   Thousands have lost huge sums after being lured into fraudulent online investment schemes by seemingly attractive strangers who strike up online conversations with them. Here’s a guide to spotting the telltale signs.   If...

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The problem of unclaimed money/assets (from bank deposits, shares, mutual funds, insurance, pensions and government saving schemes) is not unique to India. It happens all over the world. But most developed countries have found ways of dealing with it in a fair and equitable manner. India has...

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The market watchdog, the Securities and Exchange Board of India (SEBI), has now told stockbrokers, who provide algorithmic trading (algo trading), not to allow algo sellers to promise high returns on their trading platforms. Algos meant for retail investors, or retail algos as they are...

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Moneylife Digital Team 16 September 2022
The Securities and Exchange Board of India (SEBI) has launched an investigation into the financial statements of Eros International Media Ltd (Eros) for FY18-19 to FY20-21, with a wide ambit, covering money transactions and agreements entered into by the company with at least 45...

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Rakesh Jhunjhunwala is known to have started his investing journey in 1985 with Rs5,000. Going by some reports, he was apparently worth Rs50,000 crore when he passed away two weeks ago. That is a compounded annual return (CAGR) of 65% over 37 years. Another report points to his wealth at...

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Moneylife Digital Team 03 September 2022
Market regulator Securities and Exchange Board of India (SEBI) has asked stockbrokers to refrain from making any reference to the past or expected future return or performance of the algorithm trading. In a circular, SEBI says, "Stock Brokers who provide services relating to algorithmic...

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Moneylife Digital Team 18 August 2022
Market regulator Securities and Exchange Board of India (SEBI) imposed a penalty of Rs20 lakh on Pantomath Stock Brokers Pvt Ltd (now known as Pentagon Stock Brokers Pvt Ltd) for deliberate disregard of its obligations towards its clients, while putting in jeopardy the interests of lakhs of...

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