The basics of options trading include buying calls, selling puts, strike price and hedging.
Fraudsters were luring gullible investors of daily returns up to Rs 75,000.
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
Special Judge M K Nagpal fixed May 12 for consideration of the charge sheet after the CBI submitted that the prosecution sanction against Sisodia has already been procured from the competent authorities.
Banerjee, nephew of West Bengal Chief Minister Mamata Banerjee and the national general secretary of the TMC, and his wife Rujira Banerjee have been asked to depose before the investigation officer here next week, they said.
Gandhi had recently alleged in London that the structures of Indian democracy are under "brutal attack" and there is a full-scale assault on the institutions of the country.
Kejriwal has been asked to be present at the agency headquarters at 11 am to answer queries of the investigating team.
The RBI is considering permitting FII and commercial banks to trade on Indian commodity exchanges.
Sebi has barred fugitive businessman Mehul Choksi and one Rakesh Girdharlal Gajera from the capital markets for one year and levied a fine totalling Rs 2.5 crore on them for violating insider trading rules in the matter of Gitanjali Gems. In addition, they have been restrained from buying, selling or otherwise dealing in securities of Gitanjali Gems Ltd (GGL) for a period of two years. Also, the Securities and Exchange Board of India (Sebi) has directed Gajera to disgorge a sum of Rs 15.82 crore.
The ED will probe if there were alleged irregularities in the formulation and execution of the Delhi Excise Policy unveiled in November last year.
The latest penalties for insider trading follows an earlier disgorgement order passed by Sebi in July last year.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
Avoid thinking of investment as some 'become millionaire in a week' scheme, says Nikhil Sethi, founder and MD, Zuvomo, a crowdfunding firm. Always think of long term gains and plan your trades accordingly.
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'
The 34-year-old TMC national general secretary was seen entering the new office of the central probe agency in central Delhi around 11 am.
It is mystifying how the NSE, a near-monopoly, gets protection, as the February 24 episode shows, when it is competition and accountability that should be the regulatory objective, says Debashis Basu.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
The AgustaWestland VVIP chopper deal will once again dominate the proceedings in Parliament on Thursday.
There's merit in the premise of 420 IPC but Manish Gupta's flat execution never delivers its promise, feels Sukanya Verma.
Banerjee, the 34-year-old nephew of West Bengal Chief Minister Mamata Banerjee, is stated to have sent an email to the investigating officer of the case citing some personal reasons for his non-appearance.
The Enforcement Directorate (ED) has summoned West Bengal Chief Minister Mamata Banerjee's nephew and Trinamool Congress MP Abhishek Banerjee and his wife for questioning in a money laundering case linked to an alleged coal scam in the state, officials said on Saturday.
During the searches, a few thousand Pakistani rupees and currencies belonging to the UAE and Saudi Arabia as well as incriminating documents were found
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
The 33-year-old man, identified as Jagdish Kanani was arrested from suburban Borivali on Sunday night.
The Aam Aadmi Party claimed on Wednesday that the Bharatiya Janata Party has approached four of its legislators in Delhi, asking them to switch sides and join the saffron party or else, face 'false cases, the CBI (Central Bureau of Investigation) and the ED (Enforcement Directorate)'.
Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.
Why can't we have a sunset clause for the ARCs, which is a global norm? questions Tamal Bandyopadhyay.
'The Indian market has all the factors at the moment: Over-valuation, over-confidence, reliance on some source of massive fund flows and massive scams.' 'The trigger for a collapse could also have arrived.' warns Devangshu Datta.
Deputy Chief Minister Manish Sisodia accused the Bharatiya Janata Party of using agencies like the CBI and Enforcement Directorate to threaten liquor licensees and excise officials but the BJP alleged that the AAP government's 'rushed' move was an 'admission of violations and corruption' and it was 'scared' of the CBI probe.
According to Fox News, Sri lankan-born Rajaratnam along with his co-conspirator Danielle Chiesi -- both of whom were indicted on December 15 on charges of using non-public information from company executives to earn around $21 million in illegal profits, entered their pleas before US District Judge Richard Holwell in Manhattan.
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
Sanju Baba takes the vaccine... What's Lisa doing with A R Rahman?
Markets can no longer go kaput these days; nor can brokers.
Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.
Sebi filed a criminal complaint against the brokers with the economic offences wing, which on Friday registered a case under the Forward Contract Regulation Act 1952.
The hack may have been done by a rogue Twitter employee, or it may have been a smart hack into the Twitter system, or a social hack where someone conned Twitter's employees into giving them access,' suspects Devangshu Datta.
The Income Tax Department had last month auctioned several art works that were owned by absconding diamond merchant Nirav Modi for Rs 59.37 crore.
Wanted diamond merchant Nirav Modi appeared via videolink from his London prison for a regular call-over hearing at Westminster Magistrates' Court on Friday, when he was further remanded in custody until February 25, when the judgment in his extradition case is to be handed down. District Judge Angus Hamilton informed Modi that he would most likely be appearing again via videolink on the day of the ruling, which will decide whether the 49-year-old jeweller has a case to answer before the Indian courts on fraud and money laundering in relation to the Punjab National Bank (PNB) scam case. Last month, District Judge Samuel Goozee had confirmed the timeline for the judgment at the end of closing submissions in the case, during which he heard that Modi is responsible for overseeing a "ponzi-like scheme" that caused enormous fraud to PNB.