Page 5 - Ananth Narayan News Today

Education financing is no longer an option; it has become a necessity. The good news is that there are many ways in which you can get financing and secure your child’s future. We feature a few of them.

India Business News: The Securities and Exchange Board of India (Sebi) has taken action against three entities involved in selling trading recommendations without registra

India Business News: MUMBAI: In its first major case of a crackdown on a financial influencer (or finfluencer), markets regulator Sebi on Wednesday barred three entities f.

Sebi found that Rs 17.21 crore has been accumulated from carrying out investment advisory activities, which are both unregistered and fraudulent.

The Securities and Exchange Board of India (SEBI) has imposed a ban on Mohammad Nasiruddin Ansari, a social media influencer known as Baap of Chart, from the securities market. Ansari, who portrayed himself as an investment expert, provided stock recommendations through various platforms. However, SEBI found that he was marketing these recommendations as educational training but was actually trying to sell them.

New Delhi, Clamping down on unauthorised investment advisory services offered in the name of Baap of Chart, regulator Sebi on Wednesday barred three entities

The Sebi investigation has discovered that Nasir and team even suffered a loss of nearly ₹3 crore in trading in securities market during the past 2.5 years, which he concealed from his clients/ investors.

A closer examination revealed the use of a content-creator platform that allowed people to list their courses and enabled a private channel to communicate with subscribers

Sebi observed that the finfluencer was promoting himself as a stock market expert on various social media platforms and luring investors to enrol for various ‘educational courses offered by him and induced them to invest in securities market by convincing them about the prospect of making profits with near certainty if the recommendation is followed.

All brokerages that facilitated the trade of NSELs paired contracts have been under the scanner