A relatively newer player in Indian brokerage space, Gurugram-based INDmoney is the 11th largest firm in the country & the fastest growing, according to NSE.
The markets regulator in the letter, said that the company had failed to provide 'equal and timely access' to its investors of information about a planned store expansion.
Fang Chenjin was previously booked by AP Police after he allegedly destroyed critical cables at Apple supplier's Tirupati plant, and by UP Police over an 'app-based investment scam'.
ED action after Supreme Court directive. Two-judge bench also asked Hyderabad-based Heera Group owner Nowhera Shaik to surrender all estates to fulfill investor claims.
The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.
The focus of middle-class people has shifted towards capital markets in anticipation of higher returns and lower tax bracket in comparison to FDs which are taxed at slab rates.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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