Saturday , November 23 2024

Business

Fraudulent business schemes introduced in the name of FPI

Mumbai: Claims of offering trading schemes through FPI or Foreign Institutional Investor (FII) sub-accounts or special privileged institutional accounts are false, fraudulent and illegal, the Securities and Exchange Board of India (SEBI) has clarified. SEBI has advised investors to be cautious after receiving several complaints regarding Indians joining fraudulent trading …

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SEBI is now using Artificial Intelligence for investigation

New Delhi: Rigging in stock markets – manipulation of prices and violations by operators, participants would be like this. Capital markets regulator Securities and Exchange Board of India (SEBI) is now using artificial intelligence for investigation in various cases. SEBI whole-time member Kamlesh Chandra Varshney said institutions should keep an …

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47 IPOs were dropped in China this year due to strict rules

Mumbai: With the tightening of regulatory norms in China, many companies have postponed their plans for equity public offerings (IPOs) this year. The China Securities Regulatory Commission sought regulatory input from market participants on stock listing standards in a bearish market and fined a company for fraudulent listing. The Commission …

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