INVESTOR ISSUES


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...

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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...

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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...

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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...

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IANS 12 January 2022
Cryptocurrencies and digital assets will be the top investor threat in 2022 and before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products may be nothing more than public facing fronts for Ponzi schemes and other frauds, a top US non-profit...

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IANS 11 January 2022
Monthly SIP (systematic investment plan) contributions hit a record high in December 2021, rising to Rs11,305 crore, the Association of Mutual Funds in India (AMFI) said on Monday.   In November, contributions through the SIP route were at Rs11,005 crore.   Also, the number of...

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IANS 11 January 2022
The Enforcement Directorate (ED) said on Monday that it has attached assets worth over Rs36 crore belonging to a Kerala-based businessman named Nishad K and his aides, who cheated 900 persons of Rs1,200 crore by luring them to invest into cryptocurrency promising high...

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Moneylife Digital Team 06 January 2022
Hyderabad-based Natco Pharma Ltd and Chennai-based Thejo Engineering Ltd are the winner and runner-up of Moneylife Foundation's inaugural Corporate Governance Award. In an online function, M Damodaran, former chairman of SEBI (Securities and Exchange Board of India) announced the winner and...

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IANS 30 December 2021
India's primary market is set to see a 'healthy but cautious' response from investors in 2022, analysts said.   Accordingly, a number of initial public offers (IPOs) are expected to hit the market. These might include the ones from the Life Insurance Corporation of India (LIC) and the...

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Moneylife Digital Team 20 December 2021
Investors of Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) have been paid back Rs138.07 crore, including Rs70.09 crore as principal and Rs67.98 crore as an interest, the Lok Sabha was informed on Monday.    In a written reply, the finance...

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Moneylife Digital Team 10 December 2021
Japanese Kubota Corporation is paying Rs1,873 to increase its stake in Escorts Ltd to 14.99% from 9.09%. Escorts claims that this investment at Rs2,000 per share comes at a premium of 29.5% from its floor price of Rs1,544.16. However, proxy advisory firm Stakeholders Empowerment Services...

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Moneylife Digital Team 10 December 2021
The Securities and Exchange Board of India (SEBI) has finally released a draft framework to regulate retail algo trading after pressure from the public, key whistleblowers and organisations such as Moneylife.    The consultation paper on algorithmic (algo) trading by retail investors,...

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India’s investor population has almost doubled since the COVID pandemic forced people to work from home in March 2020. The number of retail investors rose by 14.2mn (million) in FY20-21 alone. The significance of this becomes evident when I tell you that our investor population was just 21mn...

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IANS 09 December 2021
The Economic Offences Wing of Delhi Police has arrested the former CEO of Religare Enterprises Limited (REL), Krishnan Subramanian, for siphoning off public money to the tune of Rs 2,397 crore, an official said on Thursday.   According to the official, Manpreet Singh Suri, a...

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At our 10th anniversary programme in February 2020, Moneylife announced the first-ever Corporate Governance Awards that would be based on direct nominations from active investors, rigorously processed and analysed to eliminate biases. The COVID-19 pandemic delayed our plans for a year; but...

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Moneylife Digital Team 06 December 2021
All investors in the stock market must update their know-your-customer (KYC) data before 31 December 2021 to keep using their demat and trading accounts, say bourses and depositories.    In a message, the Bombay Stock Exchange (BSE) says, "All investors are requested to take note that...

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IANS 30 November 2021
Brokerage house JM Financial has given a ‘sell call for One97 Communications-owned Paytm, with a target price of Rs 1,240.   "Paytm faces stiff challenges in its customer acquisition engine, which would slow down its revenue growth in the core payments business while scaling up of its...

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Moneylife Digital Team 29 November 2021
While investment in mutual funds (MF) is considered to be relatively safe or less risky than directly investing in equity, people who earn Rs1 crore to Rs5 crore turned out to be the most significant contributors with a 31% share in total assets under management (AUM) of mutual fund companies...

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Moneylife Digital Team 18 November 2021
The much-hyped initial public offering (IPO), which was oversubscribed by 1.89 times, saw Paytm listing below 9% of its issue price. One 97 Communications Ltd (Paytm) ended the day 27.25% or Rs585 down against its issue price on the BSE. The listing day debacle of Paytm reminds listing of...

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Moneylife Digital Team 17 November 2021
Market regulator Securities and Exchange Board of India (SEBI) says its SEBI Complaints Redress System (SCORES) platform has more than 4,100 complaints pending, with as many as 29 complaints pending for more than three months (90 days). This is against the average resolution time of 36.8 days...

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