Indian police arrested two individuals involved in the Falcon Invoice Discounting Ponzi scheme, which defrauded investors of nearly $100 million. The scheme promised returns upto 22% and used new investments to pay older ones, as per news reports. Over 7,000 Indian Investors Duped in Ponzi Scheme Thousands of investors in India are desperately trying to …
Research analysts (RAs) are facing an unexpected risk in their profession—the possibility of having their bank accounts frozen indefinitely. Recent cases have emerged where clients, alleging fraud, have filed complaints with cybercrime police. Based on limited information, authorities have proceeded to lock RAs out of their accounts, impacting their businesses significantly. Adding to the complexity, …
The Indian stock markets, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), will remain open on February 19, 2025, despite it being Chhatrapati Shivaji Maharaj Jayanti. However, while trading in equities, derivatives, and securities lending and borrowing (SLB) will continue as usual, the clearing and settlement of stocks and funds will …
India’s push towards digitalisation has significantly transformed governance and public services, making them more accessible and efficient. Several key initiatives have played a vital role in shaping this transformation. These digital services not only streamline administrative processes but also empower citizens with seamless access to essential resources. Among the most impactful digital initiatives are BharatNet, …
In a significant move to streamline compliance for Research Analysts (RAs) and Investment Advisors (IAs), SEBI has relaxed certain requirements, particularly regarding the communication of the Most Important Terms and Conditions (MITC). The decision aligns with industry feedback and aims to improve the ease of doing business for market professionals. Simplified Compliance for MITC Communication …
In a move to streamline regulatory compliance for Alternative Investment Funds (AIFs), SEBI has provided additional time for funds to transition their holdings into dematerialised (demat) form. The revised framework balances investor protection with operational flexibility, ensuring smoother implementation. Revised Timeline for AIF Investment Dematerialisation As per SEBI’s circular issued on 16 February, all investments …
Reliance Industries’ Reliance Jio has officially launched its new streaming service, JioHotstar, a merger of JioCinema and Disney+ Hotstar, marking a significant shift in India’s OTT landscape. With a combined user base of more than 50 crore and over 3 lakh hours of content, JioHotstar is positioned to become the largest streaming platform in India. …
India’s white-collar job market witnessed a significant 32% year-on-year (YoY) growth in January 2025, as per recent reports. This expansion was primarily fuelled by key sectors such as semiconductors, energy, waste management, and manufacturing. Several factors contributed to this surge, including rising consumer demand, incentives introduced in the Union Budget FY26, and an increasing emphasis …
As per the Reserve Bank of India’s holiday calendar for 2025, February 19 will be observed as a public holiday in Maharashtra for Shivaji Maharaj Jayanti. Consequently, customers intending to complete any essential banking tasks on that day will need to adjust their schedules and visit the branch at a later time. Details on Bank …
SEBI has halted new client onboarding by PMS firm DGS Capital Management for failing to meet the ₹5 crore net worth requirement. The firm, with ₹201 crore AUM, must comply within 15 days to avoid further action. Impact on Investors as SEBI Bars DGS Capital Management Market regulator Securities and Exchange Board of India (SEBI) …
