Why do investors need a broker to buy stocks which were dematerialised long ago and can be delivered directly into their accounts?
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The Federal Trade Commission said the defendants used phony debt collection calls from India and bogus claims that they would reduce consumers' credit card interest rates to bilk consumers.
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'
Nifty has a virtual monopoly in the index derivatives segment.
US regulator seeks Sebi's help in probing online Ponzi scheme run by duo under American names
A Russian medallist at the Pyeongchang Winter Olympics is suspected of having tested positive for a banned substance, a source at the Games said on Sunday, in a potential major blow to Russia's efforts to emerge from a drug-cheating scandal.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The BJP would seem just the sort of party that would embrace Aadhaar. Every other page of its manifesto makes some reference to changing governance in this country. So why is there no discernible difference in the positions of the BJP-led government towards Aadhaar and the dysfunctional approach of Chidambaram under the United Progressive Alliance, asks Rahul Jacob.
The Modi government's array of economic policy has been impressive.
India needs to come up with new ideas to make the Pravasi Bharatiya Divas more appealing to overseas Indians. The Diasporas talents should be used for the country's development, says Thomas Abraham, founder of the Global Organisation of People of Indian Origin
