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NSE Co-location Scam
The NSE co-location scam relates to the market manipulation at the National Stock Exchange of India, India's leading stock exchange. Allegedly select players obtained market price information ahead of the rest of the market, enabling them to front run the rest of the market, possibly breaching the NSE's purpose of demutualisation exchange governance and its robust transparency-based mechanism. The alleged connivance of insiders by rigging NSE's algo-trading and use of co-located servers ensured substantial profits to a set of brokers. This widespread market fraud came to light when markets' regulator, the Securities and Exchange Board of India (SEBI), received the first anonymous complaint through a whistle-blower's letter in January 2015. The whistle-blower alleged that trading members were able to capitalise on advance knowledge by colluding with some exchange officials. The overall default amount through NSE's high-frequency trading (HFT) is estimated to be ₹500 billion ove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Manipulation
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. The US Securities Exchange Act defines market manipulation as "transactions which crea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Show Cause
Show or The Show may refer to: Competition, event, or artistic production * Agricultural show, associated with agriculture and animal husbandry * Animal show, a judged event in the hobby of animal fancy ** Cat show ** Dog show ** Horse show ** Specialty show, a dog show which reviews a single breed *Show, an artistic production, such as: ** Concert ** Radio show ** Talk show ** Television show ** Theatre production * Trade fair or trade show Arts, entertainment, and media Films * ''The Show'' (1922 film), starring Oliver Hardy * ''The Show'' (1927 film), directed by Tod Browning * ''The Show'' (1995 film), a hip hop documentary * ''The Show'' (2017 film), an American satirical drama * ''The Show'' (2020 film), a British mystery film Album * ''Show'' (The Cure album), 1993 * ''Show'' (The Jesus Lizard album), 1994 * ''The Show'' (album), a 2008 album by eMC Songs * "The Show" (Doug E. Fresh song) * "The Show" (Girls Aloud song) * "The Show" (Lenka song) * "T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Scandals
A corporate collapse typically involves the insolvency or bankruptcy of a major business enterprise. A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved false or inappropriate accounting of some sort (see list at accounting scandals). List of major corporate collapses The following list of corporations involved major collapses, through the risk of job losses or size of the business, and meant entering into insolvency or bankruptcy, or being nationalised or requiring a non-market loan by a government. List of scandals without insolvency * Australia & New Zealand Banking Group scandal involving misleading file notes in the Financial Ombudsman Service (Australia) presented to the Supreme Court of Victoria. * Australia & New Zealand Banking Group allegations of racial bigotry toward billionaire businessman Pankaj Oswal and his wife. Court was presented ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption In India
Corruption in India is an issue which affects economy of central, state and local government agencies in many ways. Corruption is blamed for stunting the economy of India. A study conducted by Transparency International in 2005 recorded that more than 62% of Indians had at some point or another paid a bribe to a public official to get a job done. In 2008, another report showed that about 50% of Indians had first hand experience of paying bribes or using contacts to get services performed by public offices. In 2021 their Corruption Perceptions Index ranked the country in 85th place out of 180, on a scale where the lowest-ranked countries are perceived to have the most honest public sector. Various factors contribute to corruption, including officials siphoning money from government social welfare schemes. Examples include the Mahatma Gandhi National Rural Employment Guarantee Act and the National Rural Health Mission. Other areas of corruption include India's trucking industr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Crime
In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity (see vicarious liability and corporate liability). For the worst corporate crimes, corporations may face judicial dissolution, sometimes called the "corporate death penalty", which is a legal procedure in which a corporation is forced to dissolve or cease to exist. Some negative behaviours by corporations may not actually be criminal; laws vary between jurisdictions. For example, some jurisdictions allow insider trading. Corporate crime overlaps with: * white-collar crime, because the majority of individuals who may act as or represent the interests of the corporation are white-collar professionals; * organized crime, because criminals may set up corporations either for the purposes of crime or as vehicle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010 In India
Events in the year 2010 in the Republic of India. Incumbents Governors Events * National income - 76,344,721 million January * 2 January – First three Uttar Pradesh rail accidents: Three train accidents occur in Uttar Pradesh amid thick fog. Ten people died in the accidents and 45 others were injured. * 9 January – 2009 attacks on Indian students in Australia: An Indian man is set on fire in Melbourne, Australia, in the latest in a series of attacks on Indian nationals in the country. * 16 January – Fourth Uttar Pradesh rail accident: two express trains collide in thick fog in India's northern state of Uttar Pradesh. Three people died in the accident and around a dozen were injured. * 17 January – Fifth Uttar Pradesh rail accidents: A car hit by a train at an unmanned crossing in Barabanki district of Uttar Pradesh. Two of the six people in the car died and four got injured. * 22 January – Sixth Uttar Pradesh rail accidents: A goods train derailed near Azamgar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
21st-century Scandals
The 1st century was the century spanning AD 1 ( I) through AD 100 ( C) according to the Julian calendar. It is often written as the or to distinguish it from the 1st century BC (or BCE) which preceded it. The 1st century is considered part of the Classical era, epoch, or historical period. The 1st century also saw the appearance of Christianity. During this period, Europe, North Africa and the Near East fell under increasing domination by the Roman Empire, which continued expanding, most notably conquering Britain under the emperor Claudius (AD 43). The reforms introduced by Augustus during his long reign stabilized the empire after the turmoil of the previous century's civil wars. Later in the century the Julio-Claudian dynasty, which had been founded by Augustus, came to an end with the suicide of Nero in AD 68. There followed the famous Year of Four Emperors, a brief period of civil war and instability, which was finally brought to an end by Vespasian, ninth Roman emperor, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tata Memorial Centre
The Tata Memorial Hospital is situated in Parel, Mumbai, in India. Also popularly known as TMH. It is a specialist cancer treatment and research centre, closely associated with the Advanced Centre for Treatment, Research and Education in Cancer (ACTREC). The centre is the national comprehensive cancer centre for the prevention, treatment, education and research in cancer and is recognized as one of the leading cancer centres in this part of the world. It is an autonomous body funded and controlled by Department of Atomic Energy, Government of India which also oversees the administration of institute since 1962. The Tata Memorial Hospital was initially commissioned by the Sir Dorabji Tata Trust on 28 February 1941 as a center with enduring value and a mission for concern for the Indian people. Current Director of the hospital is Dr. Rajendra A Badwe, who took over from for director Dr. K. A. Dinshaw. History The Tata Memorial Hospital was founded by the Sir Dorabji Tata Trust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Masina Hospital
Masina Hospital, located in the heart of Mumbai, India, is a medical hospital belonging to the eponymous trust. Built in memory of Jerbai Masina by her family and descendants, this hospital is a well-known landmark in Byculla (East). The building was the palatial residence of the wealthy Jewish businessman, David Sassoon David Sassoon may refer to: *David Sassoon (designer) (born 1932), British fashion designer *David Sassoon (treasurer) (1792–1864), Iraqi-Jewish treasurer *David Solomon Sassoon (1880–1942), Iraqi bibliophile See also *Sassoon family *Albert A ..., who had been mayor of Baghdad and later made great contributions to the city of Bombay. The property was his residence from the time he arrived from Baghdad. Departments Masina Hospital has been well known for many years for its Burns Center, the Eric Kharas Burns Unit, run by its Plastic Surgery Department, headed by Dr. A.M. Vartak. Masina Hospital is also known as one of the first private hospitals to st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Abuse
In economics and finance, market abuse may arise in circumstances where investors in a financial market have been unreasonably disadvantaged, directly or indirectly, by others who: * have used information which is not publicly available (insider dealing) * have distorted the price-setting mechanism of financial instruments * have disseminated false or misleading information ( market manipulation) Market abuse is split into two different aspects (under EU definitions): #Insider dealing: where a person who has information not available to other investors (for example, a director with knowledge of a takeover bid) makes use of that information for personal gain # Market manipulation: where a person knowingly gives out false or misleading information (for instance, about a company's financial circumstances) in order to influence the price of a share for personal gain In 2013/2014, the EU updated its legislation on market abuse, and harmonised criminal sanctions. In the 2015 Danish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Progressive Alliance
United Progressive Alliance (UPA) is a centre-left political alliance of predominantly left-leaning political parties in India. It was formed after the 2004 general election with support from left-leaning political parties when no single party got the majority. UPA ruled India from 2004 till 2014. The largest party in UPA is Indian National Congress (INC). History 2004–2008 UPA was formed soon after the 2004 general elections when no party had won a majority. The then ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) won 181 seats of 544, as opposed to the UPA's tally of 218 seats. The Left Front with 59 MPs (excluding the speaker of the Lok Sabha), the Samajwadi Party with 39 MPs and the Bahujan Samaj Party with 19 MPs were other significant blocks that supported UPA at various times. UPA did not achieve a majority, rather it relied on external support, similar to the formula adopted by the previous minority governments of the United Front, the ND ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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