How NSE CEO Ashish Chauhan lost 16 months’ salary in the Harshad Mehta scam — and what he learned from it

How NSE CEO Ashish Chauhan lost 16 months’ salary in the Harshad Mehta scam — and what he learned from it

National Stock Exchange (CEO) Ashish Kumar Chauhan lost 16 months salary in the infamous Harshad Mehta scam but it served as a formative lesson for him on financial discipline and the dangers of excessive leverage. The CEO on Friday told NDTV Profit how he lost Rs 50,000 early in his career when his monthly salary … Read more

Left high and dry! How mutual fund investors missed buying at lower NAV on election results day

Left high and dry! How mutual fund investors missed buying at lower NAV on election results day

On June 4, a serious glitch disrupted the mutual fund investments of numerous investors using online platforms such as Zerodha and Groww. Despite purchasing their mutual funds before the cut-off time, these investors discovered they were allocated the Net Asset Value (NAV) for June 5 instead of June 4, leading to significant financial losses. In … Read more