[ad_1] The shares of Paytm’s owner One97 Communications tumbled by almost 10% in intraday trading on Monday. The company rushed to clarify that it wasn’t under fresh regulatory scrutiny, but the payments platform had only the dismal optics of its own past actions to blame for taut nerves among investors. Although One97 has denied having…
[ad_1] Groww Invest Tech Private Limited (GIT), also known as the brokerage firm Groww, has launched new features to reduce losses for futures and options (F&O) traders in the country, according to the company’s press release on Tuesday, August 27. F&O Pause, Safeguard, and Safe Exit are the three features that Groww launched to safeguard…
[ad_1] Upcoming IPO: Mumbai-based Civil Construction and Engineering firm Garuda Construction and Engineering Limited, has received the nod from capital markets regulator, the Securities and Exchange Board of India (Sebi), to raise funds through an initial public offering (IPO), on August 26, as per an official release. The company filed its DRHP on May 24,…
[ad_1] Indian banks have indeed traversed a long journey from the time the first European-style bank, Bank of Hindostan, was set up in Calcutta (now Kolkata) in 1771 by managing agents Alexander and Company, followed very quickly by Commercial Bank from managing agents McKintosh and Company. These banks may not have stood the test of…
[ad_1] The annual accounts of the capital markets regulator SEBI (Securities and Exchange Board of India) for the past 10 years reveal that the utilisation of the Investor Protection and Education Fund (IPEF) hit a record low of â‚ą2.8 crore in fiscal 24, reported BusinessLine. Meanwhile, expenses from IPEF stood at â‚ą11.9 crore in FY23,…
[ad_1] Here is SP (name withheld on request), who narrates his story offering valuable lessons for anyone considering entering the high-risk world of options trading: Over the past eight to nine years, I lost approximately â‚ą60 lakh in options trading, a loss so severe that I am now deeply in debt, which is almost that…
[ad_1] Earlier this month, Swades Foundation raised â‚ą10 crore from the SSE of the National Stock Exchange (NSE), with Screwvala calling the process of reaching out to donors the “equivalent of a book-building exercise”. In an interaction with Mint, Screwvala said that while the listing process was not simple, the disclosures were necessary to maintain…
[ad_1] Capital market regulator Sebi on Wednesday slapped a fine of â‚ą11 lakh on brokerage firm IIFL Securities for flouting stock broker rules and other regulatory norms. Sebi conducted an inspection of IIFL Securities Ltd covering the period from April to July 2022 to assess the firm’s adherence to regulatory requirements. Following the inspection, Sebi…
[ad_1] M. Pattabiraman, a physics professor at IIT Madras, teaches complex theories to eager students. Beyond the classroom, he’s also a well-known personal finance figure, with nine of his financial calculators featured on the Securities and Exchange Board of India’s (Sebi) investor education site. Also meet Vijay Malik, a doctor who practised for five years…
[ad_1] The Indian government has a target of turning India into a developed economy by 2047. From a generational point of view, Gen X (those born between 1965 and 1980) and Gen Y (born between 1981 and 1997) are seeing tectonic shifts during their peak earning phases, and their aspirations, tastes and preferences are undergoing…
