SEBI has issued a detailed order in which it has exposed a shocking ‘front-running’ scam carried out by Sharekhan in respect of the trades of its client from the Siva/Sterling group. This front-running activity has caused Sharekhan’s client a whopping loss of Rs. 14.70 crore
SEBI has passed a stern order holding that Subrata Roy Sahara is not a “fit and proper” person to run a mutual fund. It has cancelled the license of the Sahara Mutual Fund and directed transfer/ redemption of the unit holders’ money
SEBI has dashed the hopes of punters who had lost money in the Surana Solar fiasco by directing that the payout be made to the parties who sold the shares. The masterminds behind the scheme are laughing their way to the bank
HBJ Capital has landed itself into serious trouble with SEBI owing to repeated complaints from its clients. It has also contravened the law by collecting funds from investors and offering investment advice. SEBI has passed an order barring HBJ Capital from continuing its nefarious activities
SEBI is hot on the heels of the operators who engineered the alleged “Rakesh Jhunjhunwala Surana Solar Scam”. As an interim measure, stock exchanges have been directed not to make any payout for the transactions effected in the scrip
The next time you learn that “Rakesh Jhunjhunwala” is buying a stock, don’t jump in on the assumption it is the Badshah of Dalal Street who is doing the buying. It could be his namesakes doing the trade and it could well be a scam to lure you in. The punters learnt this lesson the hard way today
Billionaire MAM Ramaswamy is locked in a no-holds-barred conflict with his adopted son, MAMR Muthiah, over control of the billion-dollar Chettinad Empire. The son is presently thwarting the attempt of the octogenarian to wrest control. Who will win?
Imagine buying a stock in the morning and finding its value down 80% by the afternoon owing to an adjustment due to demerger. You are not entitled to the benefits of the demerger and are saddled with the huge loss. This is the sorry fate that investors in Adani Enterprises had to face yesterday. Will SEBI bail them out?
Ambit Capital, headed by whiz-kid Saurabh Mukherjea, has made the shocking revelation that some major companies are deliberately slowing down as so as to create an artificial “economic slowdown” and discredit NAMO’s achievements
Gajendra Nagpal and Unicon Securities are alleged to have committed fraud and defaulted to the extent of Rs. 100 crore
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