Sebi is utilizing Synthetic Intelligence (AI) for investigations, its Complete Time Member Kamlesh Chandra Varshney mentioned on Saturday and emphasised that entities ought to maintain observe of technological developments. Towards the backdrop of cases of manipulations within the inventory market, he mentioned the message is that abiding with the legislation will likely be extra helpful … Read more
You have to be fortunate should you haven’t been approached by pretend inventory market merchants on a direct name or by means of social media platforms resembling Telegram, WhatsApp, Instagram and Fb. Recently, nameless calls from varied cities, resembling Indore, Bengaluru, Hyderabad, New Delhi, and so forth., have reached out to varied individuals throughout the … Read more
Shares of Zee Leisure Enterprises tumbled 15 per cent on Wednesday after Bloomberg reported that Securities and Exchanges Board of India (SEBI) had discovered a $241 million accounting difficulty within the firm’s funds. The experiences recommend that SEBI’s preliminary findings present that the quantity had been diverted out of Zee’s books and Zee promoters had … Read more
Shares of Zee Leisure Enterprises Ltd (ZEEL) tumbled 12 per cent within the mid-session commerce on Wednesday amid studies that SEBI has discovered monetary discrepancies within the accounts of the corporate. The inventory of the corporate nosedived 11.58 per cent to ₹170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to ₹170.70 per … Read more
Treasure Hunt, anybody? No, we’re not speaking of the sport the place one performs the detective, nostril to the bottom, sniffing out hidden riches by means of clues. We’re speaking of in search of unclaimed property which will rightfully be ours, however with out useful clues. A unique ball sport altogether. Surprisingly, whereas the significance … Read more
The Securities and Change Board of India (SEBI) on Thursday requested 15 visitor consultants together with Nirmal Kumar Soni, Partha Sarathi Dhar, Simi Bhaumik, Mudit Goyal, Himanshu Gupta, Ashish Kelkar and Kiran Jadhav, showing on the Zee Enterprise information channel to pay ₹7.41 crore for the “illegal positive aspects” that they made by taking reverse … Read more
A lot of the highlight on the rise in Indian fairness markets within the post-Covid period has centred round retail buyers basically, and mutual funds as autos for counterbalancing the would possibly of overseas portfolio buyers specifically. The Indian mutual fund business crossed the ₹50-lakh crore mark in December 2023. At one other degree, subtle … Read more
The bull market since Covid has introduced a brand new technology of starry-eyed traders into the inventory market. This has spawned a brand new set of scamsters too, eager to half them from their cash. With YouTube, Telegram, Twitter et al providing handy platforms to accumulate massive plenty of followers, age-old inventory manipulation strategies have … Read more
bl. portfolio met Anand Radhakrishnan, Managing Director & Chief Funding Officer – Rising Market Equities – India, Franklin Templeton, at his Chennai workplace, for a dialog on markets, laws, and fairness funds. Excerpts: Profile Anand Radhakrishnan has been within the funding administration business since 1994. He has a Publish-Graduate Diploma in Administration from the Indian … Read more
Securities and Trade Board of India (SEBI) has begun the brand new 12 months on a robust word, bringing into impact its November 2023 Board selections that amongst different issues prolonged the requirement of obligatory appointment of custodians by Alternate Funding Funds (AIFs) to schemes with corpus lower than or equal to ₹500 crore. Until … Read more