Around 200 brokers are said to be involved in the scam; they have been summoned for questioning. Major brokerages questioned by the EoW so far include Anand Rathi, Motilal Oswal, India Infoline and Geojit Comtrade.
A chat with investment expert Feroze Azeez on what impact will the hike in RBI rate have on the consumers.
The polls are being viewed as a run-up to the general elections scheduled for May 2019 and will test the popularity of the government and its policies amid rising crude oil prices
The news that exports to the US will not restart before next year as well as the September quarter performance are sentiment dampeners.
Morgan Stanley attributes the strength in the domestic rally to local flows.
The Nifty had added more than a hundred points in the past two trading sessions, and infact, comprehensively crossed the 5500 mark on Thursday. The market breadth was negative. Of the 3,071 shares traded on the BSE, 1,602 stocks have declined while 1,353 have advanced.
The companies are Harig Crankshafts, Prag Bosimi Synthetics, Rathi Ispat, Harvic Management Services India, Wisec Global, International Hometex, Advance Multitech, Konkan Tyres, Hinafil India, Virtualsoft Systems, Sri Jayalakshmi Spinning Mills, Sriven Multi Tech, Padmanabh Alloys & Polymers, Nuway Organic Naturals India, IFSL Ltd, Triumph International Finance India, Vital Communications and IQ Infotech.
The hits and misses of the week.
A Delhi Police Crime Branch team led by encounter specialist Rathi had on March 31, 1997, fired indiscriminately after suspecting that the businessmen were Uttar Pradesh-based gangsters wanted by the police.
Indian wrestlers finished the Cadet Asian Championships with a rich haul of three gold, nine silver and three bronze medals, besides winning the Champion Trophy in the freestyle category in Ulaanbaatar, Mongolia on Sunday.
Coalition governments aren't necessarily a negative for the economy, though they can result in negative outcomes in the stock market if not already priced in before elections.
A Delhi court on Saturday awarded life imprisonment to three persons for attempting to murder members of a Sikh family, during the 1984 riots, and imposed a fine of Rs 6 lakh for being involved in the crime. Mangal Sen alias Billa, Brij Mohan Verma and Bhagat Singh were held guilty of attempt to murder, rioting and dacoity in Shastri Nagar in north Delhi by Additional Sessions Judge S S Rathi on August 22.
The infrastructure sector, however, felt the package was insufficient and wanted additional measures. "The government's package is inadequate. We expected at least $20 billion relief package, giving emphasis to the infrastructure sector.
Stock market expert Rajan Malik offers some valuable tips.
Thanks to the flaws in the way it is implementing dynamic pricing, the Indian Railways is losing its premium travel base faster than ever before, say RailYatri's Manish Rathi and Kapil Raizada.
Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.
The Tiger Shroff-Disha Patani starrer saw an outstanding opening weekend.
The then assistant commissioner of police S S Rathi and nine other policemen were given life terms on Wednesday for killing two businessmen in a fake encounter at Connaught Place, Delhi, in 1997.
The hits and misses of the week.
A Delhi court on Tuesday convicted 10 policemen, including suspended Assistant Commissioner of Police S S Rathi, for killing two innocent businessmen in the 1997 Connaught Place shootout case. The court is scheduled to pronounce the quantum of the sentence on October 24.
Equity stake, flexible terms attract talent from Wall Street firms to local peers.
Consolidation is the prime mood of the Indian equity market at the moment.
A woman and her 14-year-old daughter suffered injuries on Wednesday during a game-ride at Adlabs Imagica theme park in Raigad district near Mumbai, police said.
The app uses a traveller's mobile GPS to predict a train's delay.
A division bench of Justice B N Chaturvedi and Justice G S Sistani dismissed their applications for suspension of sentence and granting them bail stating that the court would dispose of their appeals at the earliest and there was no need to hear their bail applications.
V-Guard, one of India's leading electrical and electronic companies, is all set to enter the capital market with an initial public offer of around Rs 70 crores
Summary of sports events and persons who made news on Sunday.
The policemen, who face a minimum punishment of life imprisonment, may also get the capital punishment if Additional Sessions Judge Vinod Kumar concludes that their offence fell under the 'rarest of rare category.' The court, on October 16, had held Rathi and others guilty under sections 302 (murder), 307 (attempt to murder), 201 (destruction of evidence), 193 (giving false evidence) and 120B (conspiracy) of the Indian Penal Code.
As per the Weights and Measurement Act, weight must be mention as 'g' and not 'gms' and this should always be in small 'g'. A capital 'G' can get you into trouble.
Vinod Mirani gives us his weekly verdict.
A lowdown on what's happening in the Telugu film industry.
Suppose you have transferred money to your trading account but did not use it to buy securities, the broker could misuse this money, warns Sanjay Kumar Singh.
The Additional Judicial Magistrate acquitted the six men, giving them benefit of the doubt, according to a lawyer.
Nikesh Rathi who scored in the 99.52 percentile in CAT and is a second year student at IIM Lucknow, shares his CAT advice.
The offence came to light on Monday when Metropolitan Magistrate S S Rathi, while going to his chamber, saw a minor boy serving lunch to various judges' chambers.
All the results from the I-League and ISL matches played on Saturday