'Extensive thought has been put in, and we have pondered over each and every suggestions and demands received from our members.'
Do you think financial or corporate crimes are on the rise in India? What would you say is the cause for these scams: lack of monitoring, corruption in high places, pure greed.? Tell us what you think.
A Kolkata court on Thursday rejected the bail application of leading stock broker Ketan Parekh and extended his judicial custody till April 19.\n\n\n\n
A section of senior stocks brokers on Thursday demanded that the Sebi probe the reasons behind the steep decline in share prices on May 17 by analysing the trade data at the BSE and NSE and punish the guilty severely.
Stock broker Ketan Parekh, arrested in connection with Rs 120 crore (Rs 1.2 billion) scam at Calcutta Stock Exchange, has filed a special leave petition with Supreme Court for bail, his lawyers said on Thursday.\n\n
Mumbai stock broker Ketan Parekh, in custody for about four weeks now, is planning to move the Supreme Court next week for bail after his prayer was rejected by the Calcutta high court.
The Supreme Court has upheld the conviction by the special court at Mumbai of stock broker Harshad Mehta, who died during the pendency of the appeal in the Apex court.
Department seeks investor database on the suspicion of fictitious investors.
A special Central Bureau of Investigation court in Mumbai has convicted four former bank officials in one of the multi-crore securities scam cases and sentenced them to three years imprisonment, 25 years after the scam involving 'Big Bull' Harshad Mehta came to the fore.
This makes him corporate India's biggest donor to society.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
A good planner will take the role of a family doctor.
In a set of FAQs on applicability of Goods and Services Tax on banking, insurance and stock brokers sectors, the revenue department has clarified that transactions relating to securitisation, derivatives, future and forward contracts are exempt.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
Unlike most MF distributors in India, Paytm Money will be offering low-cost direct plans, which don't charge for distribution expenses
Besides Joseph, one of the lawyers defending Michel is a member of the Congress' youth wing while the father of another is a party member, Patra claimed at a press conference.
Jabir Moti, 51, who was arrested by Scotland Yard last year, appeared before the Westminster Magistrates' Court in London at the start of his trial.
The acquirer would need to place an order before tendering period.
The advisory follows several such 'trading leagues' coming to light, including one by a film star and her husband, wherein the general public is asked to guess returns for some particular stocks and get prizes for right bets, among others.
The open offer is slated to commence on June 17 and close on June 28
The Sensex swung over 660 points both ways on alternate bouts of selling and buying before closing the day higher by 97.39 points, or 0.28 per cent.
Indian brokerage arm of global investment banker Morgan Stanley has sought RBI's approval to start proprietary trading under which it will be able to buy and sell securities on its own account.
In DigiLocker, a user can get different government departments to issue documents in digital format. At present, there are 117 such issuers. You can get PAN, Aadhaar, vehicle fitness certificate, vehicle tax receipt, class ten and twelve mark sheets, driving licence, caste certificate, ration card, birth certificate, college degrees and diplomas, marriage certificate, and many more.
Former head of McKinsey & Co,c, is not alone in writing a book on his life after serving a prison term.
Sebi also allowed foreign investors to own up to 15 per cent stake in domestic stock and commodity exchanges
TCS, Wipro and Infosys dropped by up to 4.47 per cent, dragging down the BSE IT index by 2.96 per cent
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While the systems in place at leading Indian bourses are considered to be very robust and can withstand any possible technical glitches, it is advisable to conduct a precautionary check after an unprecedented three-hour trading halt at a large exchange like Nasdaq, a senior Sebi official said.
Infosys management has guided for a seven per cent growth in FY15.
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