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The National Stock Exchange (NSE) on Wednesday cautioned investors against two individuals and asked them not put their money in any investment product offered by them. The two individuals are Archana Patel associated with Piramid Solution and Naga Rathnam associated with Wings2Trade. They were offering to handle trading account of investors by asking them to share their user ID and password, the NSE said in two separate statements. According to the statements, these persons are not registered either as a member or authorised persons of any registered member of the NSE. Patel was providing guaranteed returns on investment in the stock market, the bourse said. Cautioning investors, NSE asked them not to subscribe to any such scheme or product offered by any person or entity offering guaranteed returns in the stock market as the same is prohibited by law. "Participation in such prohibited schemes is at investors' own risk, cost and consequences as such schemes are neither approved n

Updated On: 05 Apr 2023 | 10:38 PM IST

Rentals may not, however, appreciate in the near term due to considerable supply in a muted demand environment

Updated On: 05 Apr 2023 | 10:37 PM IST

With indices getting back on their feet, can stocks be far behind? Here is the list of 10 such stocks from BSE 100 with huge upside promise for investors willing to ride out any potential volatility

Updated On: 04 Apr 2023 | 10:13 PM IST

The comment came as Ken Lui, an individual HSBC shareholder and leader of a Hong Kong-based investor group, called for the break up of the bank

Updated On: 03 Apr 2023 | 4:21 PM IST

Analysts hope the recovery in the metal's prices will continue, but the movement of the dollar-rupee rate could limit the gains for Indian investors

Updated On: 02 Apr 2023 | 11:06 PM IST

Swiggy reached a $10.7 billion valuation in a round led by Invesco in January last year

Updated On: 31 Mar 2023 | 11:41 PM IST

Capitalise on the geographical diversification and currency hedge they offer

Updated On: 31 Mar 2023 | 12:10 AM IST

The government on Wednesday said money will be returned to 10 crore investors of 4 cooperative societies of Sahara group within 9 months following a Supreme Court order directing transfer of Rs 5,000 crore from Sahara-SEBI refund account to the Central Registrar. Earlier in the day, the Supreme Court allowed a plea by the Centre seeking allocation of Rs 5,000 crore, out of Rs 24,000 crore deposited by the Sahara group with market regulator Sebi, to repay depositors of the cooperative societies. The direction came on an application filed by the Centre in a PIL by a person, named Pinak Pani Mohanty, who sought a direction to pay the amount to the depositors who invested in several chit fund companies and Sahara credit firms. A bench of Justices M R Shah and C T Ravikumar said the amount shall be disbursed to depositors duped by the Sahara group of cooperative societies. The entire process will be monitored by former apex court judge Justice R Subhash Reddy, the bench said. In a ...

Updated On: 29 Mar 2023 | 11:40 PM IST

Stock brokers, AMCs directed to send regular communications to investors yet to comply

Updated On: 28 Mar 2023 | 10:34 PM IST

If the proposed amendment to the Finance Bill gets cleared, investments across durations will be taxed as STCG

Updated On: 24 Mar 2023 | 12:13 PM IST

Power generation unit of Dainik Bhaskar Group was to be bought by Adani Power; deal called off

Updated On: 23 Mar 2023 | 10:34 PM IST

Indian automaker Mahindra and Mahindra Ltd is in advanced talks with global investors to raise between $1 billion and 1.3 billion to accelerate the expansion of electric vehicle unit, Mint reported

Updated On: 22 Mar 2023 | 10:34 AM IST

Odisha Chief Minister Naveen Patnaik on Tuesday wondered how investors are making a beeline in the state if there is lawlessness as alleged by the opposition BJP and Congress. All over the country, investors talk about the fact that how peaceful Odisha is, Patnaik said while replying to the debate on home and general administration demands in the Assembly. "Getting investment to a state is a reflection of its law and order situation. No investment comes when the law and order situation is poor in a state. Odisha gets one of the highest investments in the country," he said. Claiming that the opposition parties have insulted the people of Odisha by making allegations of lawlessness, Patnaik asserted that the state has registered a record highest growth rate continuously and revenue generation is increasing year after year. As maintenance of law and order is good, the state has record industrial production and record agriculture production, while major events like the World Cup Hockey

Updated On: 22 Mar 2023 | 7:35 AM IST

In the race to secure UBS Group AG's purchase, the govt invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights

Updated On: 21 Mar 2023 | 10:02 AM IST

Bank investors have largely been selling first and leaving that question for later. Around $600 billion dollars of market value has evaporated from the 70 biggest US and European banks since March 6

Updated On: 18 Mar 2023 | 7:11 AM IST

Capital markets regulator Sebi on Friday came out with simplified procedural requirements for processing investors' service requests by registrar and share transfer agents (RTAs) to push ease of doing business. In addition, the regulator has issued framework for furnishing PAN, KYC (Know Your Client) details and nomination by holders of physical securities. This came after Sebi received representations from investors regarding difficulties being faced by them with regard to certain procedural aspects of guidelines and varied interpretations pertaining to the documentation required for processing investor service requests. The new framework would come into force from April 1, the Securities and Exchange Board of India (Sebi) said in a circular. The regulator has made it mandatory for all holders of physical securities in listed companies to furnish PAN, nomination, contact details, bank account details and specimen signature for their corresponding folio numbers. The folios or inve

Updated On: 17 Mar 2023 | 10:01 PM IST

The package came less than a day after Swiss bank Credit Suisse clinched an emergency central bank loan of up to $54 billion to shore up its liquidity

Updated On: 17 Mar 2023 | 11:28 AM IST

The European banking index, initially rose following the intervention, but was virtually flat by 1130 GMT

Updated On: 16 Mar 2023 | 10:19 PM IST

There's no clear consensus on whether to celebrate or blame VCs who told founders to pull out their money

Updated On: 16 Mar 2023 | 9:31 AM IST

Silicon Valley Bank became the financier to tech stars by offering an array of products tailored to their needs, that few other institutions dared

Updated On: 14 Mar 2023 | 9:16 AM IST