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The curious case of UAE-based funds in India's small-cap bubble

Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala operator’ said to be behind the Mahadev Online betting app scandal

When Cupid stepped up to Tourism Finance, and walked back

The Enforcement Directorate suspects Tibrewala is a hawala operator who has manipulated share prices of some companies

Stock Market Live Updates: Asian markets rally on positive US stock trends

Mauritius-based FII buys stake in this multibagger stock; shares hit upper circuit

Shares of consumer firm Cupid hit their 5 percent upper circuit at ₹1,252.80 apiece, also its new high, on Thursday, after a Mauritius-based FII bought stake in it. It has now skyrocketed 432 percent from its 52-week low of ₹235.30, hit on March 29, 2023.

Stocks that will see action today: December 27, 2023 - The Hindu BusinessLine