The Securities and Exchange Board of India has imposed a one-year ban on Siddharth Pandey of Snigdha Equity Advisory following violations of regulatory standards concerning investment advisory services. SEBI's examination of Pandey's Know-Your-Customer documents, bank statements, and communication records uncovered that he was offering investment advisory services without the required registration. Further Pandey's online presence revealed a Facebook profile under …
Sebi has barred Money Increase, Venture Revenue and two individuals from the capital markets for providing unauthorised investment tips and falsely promising assured returns to investors. Sebi found that Chourasiya through its proprietorship of Money Increase and Venture Revenue was providing trading tips and stock specific recommendations to investors and the general public on payment of services. "Ashish Chourasiya through …
