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National Stock Exchange cautions investors against two individuals

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

National Stock Exchange cautions investors against two individuals
Updated On : 05 Apr 2023 | 10:38 PM IST

Office mkt remains appealing for long-term investors seeking stable returns

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

Office mkt remains appealing for long-term investors seeking stable returns
Updated On : 05 Apr 2023 | 10:37 PM IST

From Bandhan Bank to Ashok Leyland, stocks ripe for cherry-picking

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

From Bandhan Bank to Ashok Leyland, stocks ripe for cherry-picking
Updated On : 04 Apr 2023 | 10:13 PM IST

HSBC Holdings brushes aside Hong Kong investor's Asia spin-off proposal

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

HSBC Holdings brushes aside Hong Kong investor's Asia spin-off proposal
Updated On : 03 Apr 2023 | 4:21 PM IST

Gold delivers positive returns eight years on the trot; at 16.1% in FY23

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

Gold delivers positive returns eight years on the trot; at 16.1% in FY23
Updated On : 02 Apr 2023 | 11:06 PM IST

US-based investors significantly cut market valuation of BYJU's, Swiggy

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

US-based investors significantly cut market valuation of BYJU's, Swiggy
Updated On : 31 Mar 2023 | 11:41 PM IST

Allocate to US-focused funds despite shifting tax landscape: Experts

Capitalise on the geographical diversification and currency hedge they offer

Allocate to US-focused funds despite shifting tax landscape: Experts
Updated On : 31 Mar 2023 | 12:10 AM IST

10 cr investors of 4 Sahara group's cooperative societies to get back money

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 ...

10 cr investors of 4 Sahara group's cooperative societies to get back money
Updated On : 29 Mar 2023 | 11:40 PM IST

Deadline for nomination for MF, demat accounts extended till Sept 30

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

Deadline for nomination for MF, demat accounts extended till Sept 30
Updated On : 28 Mar 2023 | 10:34 PM IST

Govt may deal a tax blow to debt mutual funds; AMC stocks under pressure

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

Govt may deal a tax blow to debt mutual funds; AMC stocks under pressure
Updated On : 24 Mar 2023 | 12:13 PM IST

DB Power buys out investor GIP's stake, pays back Rs 500 cr loan

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

DB Power buys out investor GIP's stake, pays back Rs 500 cr loan
Updated On : 23 Mar 2023 | 10:34 PM IST

Mahindra to raise up to $1.3 billion for its electric vehicle unit: Report

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

Mahindra to raise up to $1.3 billion for its electric vehicle unit: Report
Updated On : 22 Mar 2023 | 10:34 AM IST

How investments are coming to Odisha if there is lawlessness, asks Patnaik

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

How investments are coming to Odisha if there is lawlessness, asks Patnaik
Updated On : 22 Mar 2023 | 7:35 AM IST

Credit Suisse collapse reveals ugly truths about Switzerland for investors

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

Credit Suisse collapse reveals ugly truths about Switzerland for investors
Updated On : 21 Mar 2023 | 10:02 AM IST

Bank turmoil poses a $600 billion question for battered investors

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

Bank turmoil poses a $600 billion question for battered investors
Updated On : 18 Mar 2023 | 7:11 AM IST

Sebi comes out with requirement to process investors' service requests

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

Sebi comes out with requirement to process investors' service requests
Updated On : 17 Mar 2023 | 10:01 PM IST

Bank rescues ease crisis fears but investors worry it's not enough

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

Bank rescues ease crisis fears but investors worry it's not enough
Updated On : 17 Mar 2023 | 11:28 AM IST

Credit Suisse $54 billion lifeline offers limited respite to global banks

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

Credit Suisse $54 billion lifeline offers limited respite to global banks
Updated On : 16 Mar 2023 | 10:19 PM IST

SVB collapse exposes rifts in typically chummy venture capital world

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

SVB collapse exposes rifts in typically chummy venture capital world
Updated On : 16 Mar 2023 | 9:31 AM IST

Where will startups turn to now that the Silicon Valley Bank is gone?

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

Where will startups turn to now that the Silicon Valley Bank is gone?
Updated On : 14 Mar 2023 | 9:16 AM IST