INVESTOR ISSUES


Moneylife Digital Team 25 January 2023
Securities and Exchange Board of India has banned Agrich Traders and its proprietor Prakash Shyamlal Rathod from the market for six months, for offering investment advisory to investors without obtaining registration from the market regulator.    In an order, SK Mohanty, whole-time...

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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...

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For equity investors, certain stocks, properly selected, can be the ladders to great riches. While banks are paying you 6%-7% per annum, every few years, a handful of stocks can go up 100% more. Over 10 years, some stocks can go up manifold. Here is some data from the past 10 years of value...

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IANS 20 January 2023
The markets regulator Securities & Exchange Board of India (SEBI) has carried out nationwide raids targeting front-running carried out by market experts appearing on a business news television channel.   The raids comprising search and seizures were carried out at the homes and...

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Moneylife Digital Team 19 January 2023
Market regulator Securities and Exchange Board of India (SEBI) has barred for three years, one Manish Lalwani, proprietor of Indore-based Capital Yield Research and Advisory and Secure Investor Investment Advisory for collecting money from investors for illegally providing tips in equity,...

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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...

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Moneylife Digital Team 17 January 2023
Market regulator Security and Exchange Board of India (SEBI) has released a consultation paper on 'blocking of funds for trading in the secondary market'. SEBI's proposal would allow investors to trade in the secondary market based on blocked funds in their bank accounts and eliminate the...

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Moneylife Digital Team 17 January 2023
The Investor Protection and Education Fund Authority (IPEFA) has proposed to ease the rules for investors who want to reclaim their shares. The proposal includes a real-time online interface between IPEFA, companies and investors, transfer of shares through reverse corporate action and a...

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Moneylife Digital Team 17 January 2023
Market Regulator Security and Exchange Board of India (SEBI) has cancelled the registration of Corptree Commodities Pvt Ltd (CCPL) for dealing in or facilitating paired contracts on the National Spot Exchange Ltd (NSEL) platform for four years and failing to satisfy the 'fit and proper'...

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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...

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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...

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IANS 14 January 2023
NSE has cautioned investors on persons named 'Swaraj Takale', 'Sameer Narvekar' and 'Neha Narvekar' associated with entity named 'Trade with Jazz (TWJ)'.   These are operating through mobile number '8882015566' and '7507770749' and Telegram channel 'Trade with Jazz' are collecting...

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Moneylife Digital Team 12 January 2023
Market regulator Securities and Exchange Board of India (SEBI), while imposing a penalty of Rs11.50 crore, has barred BRH Wealth Kreators Ltd (BRH) (formerly BMA Wealth Creators Ltd) and BRH Commodities Private Ltd (formerly BMA Commodities Pvt Ltd) and others from the markets for five to...

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Moneylife Digital Team 04 January 2023
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs6 lakh on Prashanth Gole, proprietor of Capital Grow Financial Services, for failure to resolve grievances, misleading clients assuring unrealistic returns. In another adjudication order, the market...

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IANS 04 January 2023
US regulators have issued their first-ever joint warning to banks over the risks associated with the cryptocurrency market, local media reported.   The watchdogs told financial institutions to be wary of potential fraud, legal uncertainty and misleading disclosures by digital asset...

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Moneylife Digital Team 03 January 2023
The Adani group has decided to increase by Rs48.65 its open offer price for public shareholders who offered their shares in New Delhi Television Ltd (NDTV). It means public shareholders whose shares were accepted in the open offer would also receive Rs342.65 per share. This is the same price...

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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...

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Moneylife Digital Team 29 December 2022
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs30 lakh on five people for indulging in stock manipulation in the scrip of Exdon Trading Co Ltd (ETCL). The SEBI investigation revealed that, without any noteworthy incident, the ETCL scrip jumped to...

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Moneylife Digital Team 27 December 2022
The Securities and Exchange Board of India (SEBI) has issued an order to attach the bank and demat accounts of Sahara group companies, its chief Subrata Roy and others to recover Rs6.42 crore for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs). In...

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Moneylife Digital Team 26 December 2022
Market regulator, the Securities and Exchange Board of India (SEBI), has banned Capital Solutions and its proprietor Manish Dubey and Narendra Madan Rathod, proprietors of Moneytree Research and also imposed penalties on them. The firm and their owners were found providing investment advisory...

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