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The ET Money secured 2.5 million app downloads in 2017. [2] It processed over 2 crore investment orders and registered a ₹ 500 crore sales in the mutual fund within two years of its launch. It had more than 4 million users on its app, as reported in 2018. [3] It currently has more than 5 million app downloads on the Google Play store as of ...
Motilal Oswal along with a few other top brokers have been accused of various irregularities on the NSEL case. Agencies including the Economic Offence Wing-Mumbai and SFIO have found the top 5 brokers including Motilal Oswal guilty of misselling NSEL contracts, KYC manipulation, client code modification, illegal transactions & infusion of black ...
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]
Raamdeo Agrawal is an Indian businessman, stock market investor and Chairman of Motilal Oswal Group [1] which he co-founded with Motilal Oswal in 1987. According to Forbes , he has a net worth of $1.7 billion as of April 2024.
[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]
Madhusudan Kela is an Indian businessman and investor from Kurud, Chhattisgarh. Madhusudan’s father worked as a bank employee, which influenced his early views on hard work. [1] He was chief investment strategist at Reliance Capital until 2017. [2] He is currently working as the promoter of MK Ventures and a member of the board of various ...