INVESTOR ISSUES


Moneylife Digital Team 07 March 2022
Traders on National Stock Exchange (NSE) today faced problems with their trading when two of the NSE's key indices—Nifty 50 index and Nifty bank index—stopped updating. The glitch comes amid sharp falls in Indian shares after oil prices spiked on fears of a ban on Russian oil.    In a...

Read More



The proposed metro cess in Mumbai and Pune is likely to have a detrimental impact on the residential markets in the regions which are currently recovering, said property consultant firm JLL.   As per reports, an additional 1% cess will be levied on all property purchased from 1st...

Read More



Moneylife Digital Team 21 February 2022
National Stock Exchange of India (NSE), the world's largest derivatives exchange by trading volume (contracts), has warned investors not to fall prey to funds or deposits collected by two entities, Tradewings Solutions Ltd and Dayanidhi Pati.    In a statement, the Exchange says,...

Read More



Moneylife Digital Team 17 February 2022
The police in Telangana has, finally, registered a first information report (FIR) against Anugrah Stock & Broking Pvt Ltd (ASBPL), one of the 30 brokers of the National Stock Exchange (NSE) that have defaulted or been expelled since May 2019. Investors have lost over Rs1,200 crore in ASBPL,...

Read More



IANS 17 February 2022
Expressing its discontent with the vacancies in the tribunals, the Supreme Court on Wednesday said some 'knee-jerk' appointments were made by the Centre to fill up vacancies across the country, and the bureaucracy has been taking up the issue 'lightly].   A bench headed by Chief...

Read More



Moneylife Digital Team 16 February 2022
A special court set up under the Prevention of Money Laundering Act (PMLA) has ordered the confiscation of properties worth about $40 million (Rs300 crore) of City Limousines (or Limousine) (I) Ltd’s chairman and promoter Sayed Masood, the maker of Chak de India and close buddy of Bollywood...

Read More



Moneylife Digital Team 16 February 2022
CM Goenka Stock Brokers Pvt Ltd has become the 30th broker since May 2019, to be expelled by the National Stock Exchange (NSE) for default. According to NSE, the Jaipur, Rajasthan-based broker has been declared as a defaulter and expelled for misusing client funds. It is the second broker...

Read More



IANS 14 February 2022
Holders of life insurance policies of Life Insurance Corporation of India (LIC) may see reduced return on their policies due to the change in the sharing of the surplus, said the life insurer.   In its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of...

Read More



The last one has heard of disembodied voices helping humans in distress to tide over a critical moment in the battlefield or to unknot a tricky issue, such as whether the king should have his son trampled by an elephant as punishment for violating the code of conduct for a prince, was in the...

Read More



The option of working from home during COVID attracted a massive influx of new investors into the stock market and the rise continues, even as stock indices have begun to wobble badly in the past two monhts. As of 31 January 2022, Central Depository Services (India) Ltd (CDSL) has 58.49mn...

Read More



IANS 10 February 2022
Supreme Court judge Justice Sanjay Kishan Kaul on Wednesday expressed his discontent at investors, duped in a case, sending messages on WhatsApp group, of which he is a part.   "I don't want to receive WhatsApp messages concerning the case. Someone sneaks into my groups and leaves...

Read More



IANS 10 February 2022
India's equity-linked mutual fund schemes saw a sequential decline in net inflows even as SIP accounts rose to 5 crore, showed the data furnished by the Association of Mutual Funds in India (AMFI) on Wednesday.   Accordingly, the net inflows into equity and equity-linked schemes in...

Read More



“A higher valuation could have been achieved but we decided to price it at a level where everyone makes money,” said Madhur Deora, group chief financial officer at Paytm, after the public issue. The stock was issued at Rs2,150, got listed at Rs1,950, hit a high of Rs1,955 and then went into a...

Read More



Moneylife Digital Team 28 January 2022
The National Stock Exchange (NSE) has declared Delhi-based Omkam Capital Markets  Pvt Ltd as a defaulter and expelled it from its membership.   This is the 29th broker default on NSE since November 2019 and Moneylife has been covering this issue in great detail. (Read: 20 Broker...

Read More



India’s investor population has nearly doubled since the lock-down forced by the COVID pandemic in March 2020. This means that over half the investors today—almost 20 million of them—are first-time investors in the stock market. They are attracted by a ferocious bull run that has allowed many...

Read More



IANS 21 January 2022
Leading cryptocurrency platform Crypto.com has finally admitted that 483 users on its platform lost almost $34 million in various digital coins owing to a compromise in two-factor (2FA) authentication.   Overall, the unauthorised withdrawals had over $15 million worth of etherum, $19...

Read More



Solapur and its neighbouring districts in Maharashtra have been rocked by the Barshi stock market scam, where Vishal Fate (Phate) duped hundreds of people of Rs20 crore by claiming to give them high returns through the stock market and allegedly through algorithm trading. Fate, the mastermind...

Read More



Moneylife Digital Team 17 January 2022
Market regulator Securities and Exchange Board of India (SEBI) says it is examining the possibility of introducing alternate dispute resolution (ADR) mechanism in various agreements between the regulated entities and their clients. “This is with a view to providing an efficacious mechanism...

Read More



Moneylife Digital Team 17 January 2022
Raising serious questions on the valuation of Life Insurance Corporation of India (LIC) for its initial public offering (IPO), EAS Sarma, former secretary to the Indian government, has asked the ministry of finance (MoF) to put on hold the entire process of disinvestment of LIC and other...

Read More



Moneylife Digital Team 13 January 2022
After remaining aloof for several years, the Investor Education and Protection Fund Authority (IEPFA) has become active on social media and responds to grievances posted by people there. Further, the ministry of corporate affairs (MCA) has simplified the claim settlement process for investors...

Read More

Free Helpline
Legal Credit
Feedback