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Bribes-for-loan scam...SEBI to join the probe

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CA Ayush Agarwal

Kolkata-Pune-Mumbai

27454 Points Posted on 26 November 2010

SEBI has reportedly said that they will look into the linkages between the information allegedly exchanged and the actual market movements.

The Securities & Exchange Board of India (SEBI) has joined the Central Bureau of Investigation (CBI) to proble the possibility of insider trading in shares of nine companies, including LIC Housing Finance and DB Realty , named by the investigator as involved in the scandal, accoridng to a report.

SEBI has reportedly said that they will look into the linkages between the information allegedly exchanged and the actual market movements.

Trading in shares of Central Bank of India , Money Matters Financial Services , JSW Power , Religare Enterprises , Adani Enterprises , Pantaloon and Jaypee Hydro are also under the scanner.

CBI has arrested at least eight financial services executives, including LIC Housing chief executive Ramachandran Nair on fake hosuing loan scam.

Source : Indiainfoline

Replies (1)

Ramalingam K

Founder & Director - Holistic Investment

21077 Points Posted on 13 May 2014

3 Myths about Debt Funds Demystified

Investors, especially those who are new to the venture are often advised to make reasonable investments in debt funds while building their portfolio. It is but natural for the new investor to wonder what ‘debt funds’ are all about and why they should at all invest in it when all the fun and returns are with the ‘equity funds’. The investment advisor will definitely shake his head and state that ‘debt funds’ are safe bets and it will provide stability to the investment kitty but striking a balance between adventure and pragmatism.

https://holisticinvestment.in/blog/3-myths-about-debt-funds-demystified/

Regards

Ramalingam K, MBA, CFP,

Director and Chief Financial Planner,

Holistic Investment Planners

“Best Performing Financial Advisor Award” Winners from CNBC TV18

www.holisticinvestment.in

(Follow us on):-

https://www.facebook.com/holisticinvestmentplanners