Determining the global AUM is significant because a ‘regulated’ fund whose exposure to an Indian business group and to the Indian equity market is below 25% and 50% respectively of its global AUM is spared of the granular disclosure rules laid down by the Securities and Exchange Board of India (Sebi).
Noida man duped of Rs 1 crore in WhatsApp-based stock trading scam
A 61-year-old Noida resident was duped of over Rs 1 crore in a stock trading scam via WhatsApp. Fraudsters posed as financial advisors linked to