A man mistakenly gets Rs 11,677 Cr in his Demat account
By MYBRANDBOOK
An Ahmedabad citizen got a lottery of Rs 11,677 crore in his Demat account with Kotak Securities. The bank has not commented about the incident yet. The man has been investing in the stock market for the last five to six years.
Out of this amount, he invested Rs 2 crore in the stock market and booked a profit of Rs 5 lakh. The money was in his account for more than eight hours and the bank withdrew the amount afterwards. Many other demat account holders also received a large amount in their bank accounts.
Ramesh Sagar, the man who received the amount, said, “On July 26, 2022, I received Rs 116,77,24,43,277.10 crore in my account, of which I invested Rs two crore in the stock market and booked a profit of Rs five lakh. That very evening around 8 to 8.30 p.m, the bank withdrew the amount.”
He said he had received a notification from the bank stating: “There is an issue with margin update in the app. you can continue to place orders, but the margin shown will not be updated. We regret the inconvenience and are working on resolving this at the earliest.”
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
BHARAT ELECTRONICS LTD.
HAVELLS INDIA LTD.
MICROTEK INTERNATIONAL PVT. LTD.
FRESHWORKS TECHNOLOGIES PVT. LTD.
Technology Icons Of India 2023: Amitabh Kant
Amitabh Kant is presently the G20 Sherpa of India during its Presidenc...
Technology Icons Of India 2023: Sachin Bansal
Sachin Bansal’s fintech startup, Navi Technologies, simplifies loan ...
Technology Icons Of India 2023: Sunil Gupta
Sunil Gupta is the Co-founder, Managing Partner & CEO of Yotta Infrast...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
INDIANOIL helps reach precious petroleum fuels to every nook and corner of the country
IndianOil, a diversified, integrated energy major with presence in alm...
DRDO is India's largest and most diverse research organisation
DRDO is the R&D wing of Ministry of Defence, Govt of India, with a vis...
SAVEX TECHNOLOGIES PVT. LTD.
Savex Technologies is the 3rd largest Information & Communication Tec...
TEXONIC INSTRUMENTS
Texonic has carved a niche for itself in the Technology Distribution i...
IRIS GLOBAL SERVICES PVT. LTD.
Iris Global services is one of the leading distribution houses that d...