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Leading stock exchange BSE on Monday cautioned investors to remain vigilant against deepfake video of its CEO giving stock recommendations and investment advice on social media platforms. The exchange emphasised that the video is unauthorised and fraudulent, and its officials are not permitted to provide any stock tips. "It has come to the notice of BSE Ltd that a fraudulent deepfake video is being circulated on social media and messaging platforms, falsely featuring Sundararaman Ramamurthy, Managing Director & CEO, BSE, and claiming to provide stock recommendations and investment advice," the exchange said in a statement. The video contains misleading and false claims, broadly suggesting stock tips for investments in 2026 with promises of extraordinary or super-normal profits, and urging viewers to join a WhatsAppchannel, the exchange said, adding that statements such as "you will have Rs 8 million by 2027" are part of this fabricated content. BSE said the exchange is taking ...
Capital markets regulator Sebi on Wednesday proposed a dedicated electronic book provider platform for fundraising by not-for-profit organisations (NPOs) through the Social Stock Exchange. The proposed framework aims to streamline the process for NPOs to issue Zero Coupon Zero Principal instruments and other permitted securities on the SSE by introducing a common bidding and settlement platform called the SSE Electronic Book Provider (SSE-EBP), the regulator stated in a consultation paper. Under the draft circular, NPOs intending to raise Rs 50 lakh or more in a single issue or via shelf issues will have to use this new platform. The SSE-EBP will be open to a wide range of participants including qualified institutional buyers, non-institutional and retail investors. However, foreign portfolio investors and foreign funds will not be allowed to participate, Sebi said. Also, the regulator said issuers will be required to submit detailed fundraising documents and term sheets ahead of t