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India's Motilal Oswal Financial Services said on Monday its operations were unaffected following a cyber incident last week. LockBit, a cybercrime group which extorts its victims by stealing and ...
National Spot Exchange Limited (NSEL) case relates to a payment default at the National Spot Exchange Limited that occurred in 2013 involving Financial Technologies India Ltd, when a payment default took place after a commodities market regulator, the Forward Markets Commission (FMC), directed NSEL to stop launching contracts.
Motilal Oswal Financial Services was set up by Motilal Oswal and Raamdeo Agrawal as a broking house in 1987. [5] The company entered into investment banking in 2005, followed by private equity fund in 2006. [6] In February 2006, the company acquired Peninsular Capital Markets, a Cochin, Kerala based broking company for Rs. 35 crore. [7]
However, instead of joining the family trade, Oswal decided to pursue formal education. He studied at the SPU Jain College in Falna before moving to Mumbai to study CA. In 1987, during his stay at a Mumbai hostel, the Rajasthan Vidyarthi grih Oswal met Raamdeo Agarwal, his friend with whom he later founded Motilal Oswal Financial Services. [2]
[25] [26] The EOW-Mumbai in its supplementary charge sheet has also accused the three brokerages IIFL, Motilal Oswal & Anand Rathi of cheating clients. [27] [28] In February 2019, SEBI declared IIFL and Motilal Oswal ‘not fit and proper’ as commodity derivative brokers based on the recommendations of SFIO & EOW's report. [29] [30] [31] [32]
The Star’s ongoing coverage of the International House of Prayer-Kansas City began with reporting on sexual abuse allegations against the organization’s founder Mike Bickle.
A federal prosecutor at the end of the first trial in the U.S. college admissions scandal on Wednesday argued that two fathers corruptly tried to buy their kids' way into universities, while a ...
For the uncovering of the papers, the ICIJ worked with journalists from 91 media outlets [43] in 117 countries including news organizations such as The Washington Post, L'Espresso, Le Monde, El País, Süddeutsche Zeitung, the PBS program Frontline, the Australian Broadcasting Corporation, The Guardian, and the BBC’s Panorama.