Making things worse is that a majority of shares of the companies in which Quant MF has invested declined for the second consecutive day on Tuesday, despite the market indices closing at new record peaks.
However, experts have a mixed opinion on the likely impact of the probe in investors' wealth. As per reports, Sebi has conducted searches at the Mumbai office of Quant founded by Sandeep Tandon in the midst of global financial crisis of 2007-08. The fund house has, however, said it has only received inquiries from the the market watchdog.
Esta historia es de la edición June 26, 2024 de The New Indian Express.
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Esta historia es de la edición June 26, 2024 de The New Indian Express.
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An effective Lupita Nyong'o shoulders this poignant thriller
MICHAEL Sarnoski's A Quiet Place: Day One begins with a disclaimer: 'New York gives off an average of 90 decibels, which is the sound of a constant scream'.
The missing family doctor
GAMILY doctor has been an age-old concept of Indian family health care.
THIS TIME FOR AFRICA?
SOUTH Africa had overpowered Afghanistan to enter their first-ever Men's T20 World Cup final on Wednesday.
Openers Shafali & Smriti put India in command
A MAGNIFICENT double century by Shafali Verma (205; 197b, 23x4, 8x6) and a punishing hundred by Smriti Mandhana (149; 161b, 27x4; 1x6) put Indian women in command against South Africa on the first day of the one-off Test played at the MA Chidambaram Stadium on Friday.
Copa America: USA campaign hang by a thread after shock loss to Panama
A MOMENT of madness from Timothy Weah left the USA's Copa America campaign hanging by a thread on Thursday as the hosts crashed to a shock 2-1 defeat to Panama.
Digital tax relief for US MNCs extended till June 30
INDIA and the United States have decided to extend the relief enjoyed by the US multinational companies (MNCs) equalisation levy (digital taxes) paid in India till June 30, 2024.
FATF lauds India's efforts to curb money laundering
Evaluation report at FATF plenary positions India in 'regular follow-up' category, a distinction shared by only 4 other G20 countries
Telecom services get costlier as companies raise tariff
A day after Reliance Jio announced a tariff hike for its prepaid and postpaid plans, Bharti Airtel and Vodafone Idea (VIL) announced an increase in tariff up to 25% for all their prepaid and postpaid plans.
Core sector growth slows to 6.3% in May
THE growth in output of the eight key infrastructure industries (core sector), slowed to 6.3% in May from 6.7% in April due to slowdown in output of six sectors including cement, fertliser and natural gas during the month, the government data showed.
137 Indians arrested in Sri Lanka
AS many as 137 Indian nationals who were allegedly involved in a large-scale online financial scam across multiple locations in Sri Lanka have been arrested by police, according to a media report on Friday.
