Sebi has ordered attachment of bank and securities accounts of over 40 entities so far this year.
Against the backdrop of Karvy crisis where securities worth Rs 2,300 crore of more than 95,000 clients were transferred into its account, NSE has asked investors to register for online applications provided by depositories for online delivery of securities as an alternative to PoA.
ETFs may be an option if you are considering only large-cap funds, experts tell Tinesh Bhasin.
RIL's Rs 53,124 crore rights issue was India's largest-ever rights issue. It was also the world's largest rights issue by a non-financial institution in the last ten years.
The complaints are in the nature of non-receipt of money, non-receipt of equity shares in demat & physical form, non- receipt of debt securities, among others, BSE said in a statement on Wednesday.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.
The move is aimed at making transmission of securities in both dematerialised and physical modes more efficient and investor friendly.
A monthly charge of Rs 500 is applicable if the net relationship value falls below the minimum level.
Keep your mobile number and e-mail updated. When you receive the weekly report on cash holdings, check to ensure there is no discrepancy between the amount you have kept with the broker and what the latter has reported, advises Sanjay Kumar Singh.
After every corporate announcement, check your demat and bank accounts for necessary credits.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
The three-year-old US law seeks to improve tax compliance involving foreign financial assets and offshore accounts.
The Supreme Court on Friday dismissed a plea seeking stay on further sale of electoral bonds ahead of assembly elections.
If you leave too much money lying in your trading account or hand over your securities to brokers, there is always the risk that they could use it to trade in the markets.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Decks being cleared to ensure that the Mohan Gopal report is restored in the June 27 board meeting.
With gold prices on the rise, financial institutions are trying different ways to attract the customer.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
There is no escaping the paperwork while investing in financial products. Be it, opening a new bank account, demat account or buying insurance, filling the Know Your Client (KYC) documents is a mandatory procedure today.
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
Besides, some PSUs that have remote locations are unable to communicate the public offer message to their employees and face various difficulties like opening demat accounts.
The new fund, which is different from gold exchange traded funds that require subscribers to have a demat account, will also offer investors the option to invest as little as Rs 100 per month, the company said in Mumbai.
GSR 592(E) states that all NRIs -- including PIO like your son -- are not eligible to open PPF accounts. The accounts opened prior to all these dates are allowed to run up to their maturity but no extension or renewal can be made.
'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'
Each financial product is governed by a different regulator and the rules for gifting vary, points out Tinesh Bhasin.
Coal India wants to organise PAN cards and demat accounts for each of its 400,000 staff ahead of its IPO.
The Securities and Exchange Board of India (Sebi) has warned stock brokers against forcing clients to give a power of attorney (PoA) in their favour for operating client accounts.
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
During corporate announcements like bonus or dividend, shares of that company were under a no-delivery period. This system made sense in a period when the trading used to take place in the physical form.
They can be used as collateral for loans and can be sold or traded on stock exchanges
Stockbroker Blue Chip Corporation Pvt Ltd (BCCPL), Nitin Rajaram Narke, Pravin B Darawade, Bhavana Chadha, Milestone Investment, Nitin Narke Investment, Blue Cheap Investment and Blue Chip Investment have been prohibited.
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
The capital market regulator has to recover Rs 64.85 lakh (Rs 6.48 million) from Ranbaxy's former independent director V K Kaul and Rs 12.97 lakh (Rs 1.29 million) from his wife Bala Kaul.
SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance (a Cipla group unit), Saradha Realty, United Bank of India and Trident India are among the prominent entities named in the list.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Off-market share trading can suit you better at times. A look at its procedure and implications
Retired school teachers, software engineers, doctors and property developers have lost money by blindly trusting their brokers or their franchisees