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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The central bank’s intention of roping in other regulators towards creating a database of fraudulent and bona fide telemarketers is a step in the right direction.
Editor's note: The Reserve Bank of India has joined hands with the Department of Telecommunications and the Telecom Regulatory Authority of India to find a definitive solution to the menace of telemarketing scammers and spammers. I hear (from an industry official in the know) that a committee was formed recently with participation from other financial regulators, such as the Insurance Regulatory and Development Authority of India and the Securities and Exchange Board of India. There’s more. At a recent meeting with the DoT and TRAI, officials from the central bank proposed the creation of a database that would serve as a “white list” of all financial institutions under supervision, along with details about their registered call center numbers and registered SMS headers (sender IDs such as “TM-HDFCBK”). This database, I’m told, will also consist of a list of numbers and telemarketers flagged as fraudulent by customers. The committee is likely to ask various industry stakeholders to coordinate with one another in building this repository, which would also contain information about permissible message templates that can be used to reach existing or prospective …
The central bank’s intention of roping in other regulators towards creating a database of fraudulent and bona fide telemarketers is a step in the right direction.
Editor's note: The Reserve Bank of India has joined hands with the Department of Telecommunications and the Telecom Regulatory Authority of India to find a definitive solution to the menace of telemarketing scammers and spammers. I hear (from an industry official in the know) that a committee was formed recently with participation from other financial regulators, such as the Insurance Regulatory and Development Authority of India and the Securities and Exchange Board of India. There’s more. At a recent meeting with the DoT and TRAI, officials from the central bank proposed the creation of a database that would serve as a “white list” of all financial institutions under supervision, along with details about their registered call center numbers and registered SMS headers (sender IDs such as “TM-HDFCBK”). This database, I’m told, will also consist of a list of numbers and telemarketers flagged as fraudulent by customers. The committee is likely to ask various industry stakeholders to coordinate with one another in building this repository, which would also contain information about permissible message templates that can be used to reach existing or prospective …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
A Rs 10,440 crore share swap with listed Shalimar Paints could give the building materials startup a public market presence without a traditional IPO. But the novel route leaves investors grappling with dilution, valuation and governance concerns.
