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Detailed stories on technology startups, business and economic current affairs.
Riding a virtual clean chit from a Supreme Court-appointed committee and confident about having regained the faith of investors, his conglomerate now wants to raise much-needed capital. Will it work?


The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
While the regulator’s interim order alleges massive irregularities, the long arc of unfinished probes, hearings and appeals makes closure distant.