brokerage firms

Assocham wants stock broking firms to run banks


November 5th, 2011 - 6:52 pm ICT by IANS
Bangalore, Nov 5 (IANS) Stock broking firms should be permitted to operate banks as they are monitored by the regulator Securities and Exchange Board of India (SEBI), the Associated Chambers ... Read more...

Posted in Business |

Billionaire Raja Rajaratnam held guilty of fraud


May 11th, 2011 - 10:31 pm ICT by IANS
Washington, May 11 (IANS) Raj Rajaratnam, the billionaire investor who once ran one of the world's largest hedge funds, was Wednesday found guilty of fraud and conspiracy by a court ... Read more...

Posted in Business |

Rs.300-cr Citibank fraud accused gets six more days in remand (Roundup)


January 6th, 2011 - 8:38 pm ICT by IANS
Mumbai/Gurgaon, Jan 6 (IANS) Citibank manager Shivraj Puri, accused of masterminding a Rs.300 crore fraud, was handed a further police remand of six days from Thursday as the markets watchdog started to ... Read more...

Posted in Business |

RBI to probe Citibank scam in Gurgaon


January 1st, 2011 - 2:26 pm ICT by ANI
Gurgaon, Jan.1 (ANI): The Reserve Bank of India (RBI) has begun a probe into the Rs. 300 crore scam that took place at the Gurgaon branch of Citibank.RBI Executive Director G. Gopalakrishna ... Read more...

Posted in National |

BlackBerry maker downgraded as Apple set to unveil iPad2


December 8th, 2010 - 1:32 pm ICT by IANS
By Gurmukh Singh Toronto, Dec 8 (IANS) Shares of BlackBerry maker Research In Motion (RIM) have retreated after two brokerages downgraded the Canadian wireless giant in view of the stiff competition from ... Read more...

Posted in Business |

Facebook Developers Who Sold User IDs Get Penalized


November 2nd, 2010 - 8:16 pm ICT by GD
By Ranjan Bhaduri Nov 2, (THAINDIAN NEWS) Facebook is possibly the most popular social networking site nowadays but it has often been slammed for several privacy related problems. It has also been targeted ... Read more...

Posted in Technology Industry News |

Mahindra Satyam ADRs start trading over-the-counter


October 14th, 2010 - 6:51 pm ICT by IANS
Mumbai, Oct 14 (IANS) Mahindra Satyam Thursday said trading of its American Depositary Receipts (ADRs) has been transferred from the New York Stock Exchange to over-the-counter (OTC) market."Although we are moving ... Read more...

Posted in Business |

BSE launches mobile-based trading


September 21st, 2010 - 10:23 pm ICT by IANS
Mumbai, Sep 21 (IANS) The Bombay Stock Exchange Tuesday launched mobile-based trading in presence of well-known broking firm representatives, an official said. "It was with expertise of software vendors like Marketplace Technologies, Technova ... Read more...

Posted in Business |

Indian gets jail term for brokerage fraud in US


April 28th, 2010 - 11:07 am ICT by IANS
By Arun Kumar Washington, April 28 (IANS) An Indian national has been sentenced to 81 months in prison for his alleged role in an international fraud scheme to "hack, pump and dump" online ... Read more...

Posted in Thailand, World |

US court sentences Chennai-born to 81 months in prison


April 27th, 2010 - 5:23 pm ICT by IANS
Washington, April 27 (IANS) A US court has sentenced Jaisankar Marimuthu, a 36-year-old native of Chennai, to 81 months in prison on charges of identity thefts, hacking and perpetrating an international fraud ... Read more...

Posted in Thailand, World |

Middle East equity derivatives market set to expand


April 6th, 2010 - 4:00 pm ICT by IANS
Dubai, April 6 (IANS/WAM) The Middle East equity derivatives market is likely to expand in 2010 compared to last year's levels. Eighty-seven percent of fund managers and brokers polled by NASDAQ described equity ... Read more...

Posted in Business |

‘Value of private equity investments dipped 60-70 percent in 2008′


December 30th, 2008 - 4:08 pm ICT by IANS
Mumbai, Dec 30 (IANS) The value of investments made by private equity (PE) firms in 2007 were eroded by a whopping 60-70 percent or nearly $2.25 billion over the past few months ... Read more...

Posted in Uncategorized |

Penson Financial Services providing access to US markets for ICICI customers


November 14th, 2007 - 10:14 am ICT by admin
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Posted in Business |

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