Insider trading autobiography examples in india
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Four Scandalous Insider Trading Incidents
Insider trading is the buying or selling of a publicly traded company's lager by someone who has nonpublic ämne information about that lager. Throughout the entire history of the U.S. lager market, there have been many individuals who have used their access to insider data to gain an unfair edge over other investors. William Duer is widely considered the first to have used his privileged knowledge in a scheme that involved speculating on bank stocks. Duer was appointed bygd Alexander Hamilton to serve as the assistant sekreterare of the Treasury in Six months later, he resigned from his position after it was discovered that he was taking advantage of his tillgång to hemlig information in order to speculate on stocks and bonds.
Although the Securities and Exchange Commission (SEC) has rules to skydda investments from the effects of insider trading, incidents of insider trading are often difficult to detect because the inv
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The Ketan Parekh Scam of
Most of us have heard of Harshad Mehta and how he committed one of the largest financial scams in the history of the Indian stock market. He was a master manipulator, and his influence over the market and other institutions helped him rig share prices. But did you know that one of his mentees, Ketan Parekh, pulled off another infamous and ruthless scam that completely shook the markets? Government agencies have estimated that the extent of the fraud could be up to Rs 40, crore!
In today’s article, we discuss the Ketan Parekh Scam of .
Who is Ketan Parekh: The Pied Piper of Dalal Street?
Ketan Parekh was a Chartered Accountant (CA) by profession. He started his career in the late s and initially ran a business called NH Securities— a stockbroking firm established by his father. Parekh later joined Harshad Mehta’s firm (GrowMore Research & Asset Management), where he closely observed market trends and the mindset of investors. He lea
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Rajat Gupta’s memoir is the biggest gamble of all
Can redemption emerge from the pages of a book? That is the conceit of Rajat Gupta’s recently published, page memoir, Mind Without Fear (Juggernaut Books).
Memoirs from time immemorial have served different masters: from St Augustine’s Confessions (journey of spiritual enlightenment) to Gandhi’s The Story of My Experiments with Truth (explaining oneself to the world) to Errol Flynn’s My Wicked, Wicked Ways (look, what an unrepentant rascal I have been), these books have inspired, informed, titillated, and shocked. Given the prolificity of memoirs, it’s safe to say that there must be at least tens of thousands, if not hundreds of thousands, of them across languages. And joining this melee is Gupta’s Mind Without Fear with the underlying message of redemption, rehabilitation and rebirth.
Gupta is no ordinary citizen seeking to explain his actions favourably: he is a fallen angel. While business executives routinely fall