Latest news with #TejasNetworks


Time of India
3 days ago
- Business
- Time of India
Tejas Networks CEO Anand Athreya quits
NEW DELHI: Homegrown telecom gear maker Tejas Networks Friday said its managing director and chief executive officer (CEO), Anand Athreya , has resigned from the company due to personal reasons. Athreya will be relieved from the position of MD & CEO effective close of business hours on June 20, 2025, Tejas Networks said in a regulatory filing. 'It has been my privilege to work at Tejas and I want to take this opportunity to thank you and the Board of Directors for their guidance and support. I also want to thank the Executive Team at Tejas for their leadership and the entire team at Tejas, for their warmth and "can do" attitude,' Athreya said in his resignation letter to N Ganapathy Subramaniam, chairman, Tejas Networks. Consequently, the Bengaluru-headquartered vendor has entrusted Arnob Roy , currently the executive director and chief operating officer (COO) of the company, with the additional responsibility of CEO, as per the regulatory filing. The development comes at a time when Bangalore-based Tejas, a part of the Tata Consultancy Services (TCS)-driven consortium, is deploying 4G and 5G radio access network or RAN for state-run Bharat Sanchar Nigam Limited (BSNL). Industry sources told ETTelecom that a few hiccups in BSNL's 4G network deployment, including IP Multimedia Subsystem (IMS) issues, led to his exit following a performance review by the telecom department (DoT). BSNL plans to deploy 1 lakh towers as part of its commercial 4G foray. Communications minister Jyotiraditya Scindia recently said that nearly 93,450 towers have been installed for the telecom carrier's 4G network. Athreya, who has over 27 years of experience, joined the homegrown vendor in 2023 from Juniper Networks. He was the executive vice president (EVP) & chief development officer of Juniper Networks since 2017 and had served as senior vice president of the Routing Business Unit for three years prior to that. He was with Juniper Networks from 2004 until November 2022.


Time of India
3 days ago
- Business
- Time of India
Captive 5G, commercial 4G & cost efficiencies to drive BSNL's future revenues: Robert Ravi
NEW DELHI: State-run Bharat Sanchar Nigam Limited ( BSNL ) expects widespread availability of its commercial fourth-generation (4G) services and cost-efficiencies to drive top-line growth in the next few quarters, a top official said. 'We are undertaking several initiatives to improve cost efficiencies and reduce overheads. Additionally, our next-generation 4G services will see expanded coverage in the coming months. We are also exploring emerging business opportunities such as captive 5G networks for enterprises and leveraging advanced technologies for automation and digital transformation," BSNL CMD Robert J Ravi told ETTelecom. Further, Ravi said that these efforts together are expected to "significantly drive future revenues and strengthen BSNL's position" in the evolving telecom landscape. The public sector telecom operator clocked a net profit of ₹280 crore in Q4FY25, rising sequentially from ₹262 crore in Q3FY25. It cut down loss by 58% to ₹ 2,247-crore in FY 2025, from ₹ 5,370-crore in FY 2024. Commercial 4G network-based data services contributed nearly 6% of the telco's overall revenue in Q4FY25. Recently, the public sector telco, in partnership with a Mumbai-based startup Tidal Wave , deployed a captive 5G network for a few Coal India mines using the 2500 MHz spectrum band. The top official also said that the state-owned telecom carrier is also "looking at bundling affordable data plans together with smartphone offering", and is in talks with homegrown original device makers (ODM), as a part of its strategy. The telco is largely rolling out next generation networks on the 700 MHz frequency range with both top mobile chipset providers - MediaTek and Qualcomm - supporting the spectrum band. READ MORE | Homegrown Tidal Wave, BSNL deploy private 5G network in Coal India, eyes public sector business The telco is rolling out 4G services in partnership with Mumbai-based Tata Consultancy Services-led consortium that includes Tejas Networks and state-owned Centre for Development of Telematics (C-DoT). Tata Sons holds a majority of stake in Bengaluru-based Tejas Networks, which is providing radio access network (RAN) to the telco's ambitious 4G and 5G rollout initiative. Last week, BSNL awarded a Rs 2, 903.22-crore follow-on order to N Ganapathy Subramaniam-headed TCS for planning, engineering, supply, installation, testing, commissioning and annual maintenance of 18,685 4G network sites. BSNL, however, is expecting to increase its revenue by at least 10% once it deploys the next generation network nationwide. BSNL CMD Robert J Ravi talks on telco's 5G expansion, use cases


Time of India
7 days ago
- Business
- Time of India
BSNL deploys 93,450 towers for commercial 4G foray: Jyotiraditya Scindia
NEW DELHI: State-controlled Bharat Sanchar Nigam Limited ( BSNL ) has deployed 93,450 towers for its commercial 4G foray using the indigenous telecom stack, union telecom minister Jyotiraditya Scindia said on Monday. 'We are at 93,450 towers that have been installed. Still, a long way to go, but we are on track,' Scindia said at the curtain raiser event of the India Mobile Congress (IMC) 2025, which will be held in the national capital this year between October 8 and October 11. The union minister informed that the Ministry of Communications earlier in the day took stock of BSNL's 4G deployment nationwide. The Centre has been bullish about BSNL's transition from 3G to 4G using 'Atmanirbhar' (self-reliant), domestically developed equipment. 'We have C-DoT as a public sector firm, BSNL as a government company, Tejas Networks as a private sector company, and Tata Consultancy Services (TCS) as a system integrator. All four came together, and in 22 months, produced the first domestic stack,' Scindia said, adding that India has become the fifth country globally to have its indigenous telecom stack. China (Huawei and ZTE), Finland (Nokia), Sweden (Ericsson), and South Korea (Samsung) are the other four countries that have their homegrown telecom stack. A TCS-led consortium that comprises the Centre for Development of Telematics (C-DoT) and Tejas Networks, along with ITI Limited, is deploying 1 lakh 4G sites for the public sector telecom carrier under a nearly ₹19,000-crore deal. The Tata group IT firm recently won a new advance purchase order (APO) worth ₹2,903.22 crore from BSNL for planning, engineering, supply, installation, testing, commissioning and annual maintenance of 4G mobile network at 18,685 sites. Tejas' share in the APO deal is valued at approximately ₹1,525.53 crores (exclusive of taxes). Scindia said that the country should develop capabilities to provide services in the domestic market, and also drive indigenous production. 'We have to ensure that India becomes a hub for designing. So you have designing, solving and scaling from India,' the union minister said, adding that the Bharat 6G Alliance is driving public-private sector connect for sixth-generation (6G) development. The International Telecommunication Union (ITU) will organise its next World Radio Communications (WRC) conference in 2027 to deliberate and decide on airwaves and related modalities for the 6G technology. 'It is from now till then that our entrepreneurs, our companies, our innovators, across the board, must aspire to ensure that India leads that technology way in the days to come,' Scindia said. The union minister also launched the 'Sanchar Mitra Scheme', which aims to empower a wider youth network to act as digital ambassadors, further strengthening the connection between the telecom ecosystem and the citizens. In addition to public awareness efforts, the scheme will also provide student volunteers exposure to emerging telecom technologies and DoT initiatives, fostering job-readiness and research interest in the sector. Neeraj Mittal, secretary, Department of Telecommunications (DoT), said while India was a laggard in 4G, it went stride-for-stride with the world in the 5G-era, and will lead globally in 6G deployments. 'I think that is the promise and dream which all of us would like to see fulfilled,' he added. Abhijit Kishore, chairman of the Cellular Operators Association of India & chief operating officer (COO), Vodafone Idea (Vi), said, 'The task for us at COAI and industry is to connect the dots on how to showcase the collective potential of the industry and become a playground for all in the world to converge and leverage technology and put it to larger use of citizens and end customers.' Organised by the telecom department and COAI, this year's IMC is expected to attract over 1.5 lakh visitors from over 150 countries, and more than 7,000 global delegates. It will include use case demonstrations across 5G, 6G, AI, IoT, electronics manufacturing, and green technology domains.


Economic Times
26-05-2025
- Business
- Economic Times
Lost money to finfluencers' advice? All that glitters is not gold, here's how to steer clear of non-credible financial advice
Tired of too many ads? Remove Ads Lack of transparency Tired of too many ads? Remove Ads Popular in Wealth 1. FD rate up to 9.1% for senior citizens investing for 5 years; Know the list of banks Tired of too many ads? Remove Ads Who's most at risk? Be selective in trusting Regulating advice Despite tighter regulations and slightly increased awareness of the risks, the recent Gensol Engineering case shows that the menace of unregistered advisers (most finfluencers would fall here) persists. As per a 18 April story in The Economic Times ( some investors lost up to 95% of their wealth. The story pointed out how finfluencners like Aditya Joshi and Prashant Mishra were taken in by the phenomenal rise of Gensol promoters Anmol Singh Jaggi and his brother Puneet Singh Jaggi, and then caught off-guard when corporate governance issues came to light. Sadly, this is not the Gensol episode is yet another wake-up call—even for those who didn't invest in it. Acting on social media tips without verifying the facts can land investors in a trap. While some influencers may unknowingly promote dubious stocks, others do so with clear intent.'Many are paid to create hype as part of pump-and-dump operations. They don't gain from the stock's performance. Their earnings come from promotional fees, while the real operators quietly exit, leaving retail investors exposed,' says Piyush Singh, a stock trading expert who documented the finfluencers saga at Gensol in detail after the Securities and Exchange Board of India Sebi ) probe was revealed.A 20 March 2025 survey by the CFA Institute reveals that 59% of Indian finfluencers have had one or more brand sponsorships yet 63% of them failed to disclose their financial affiliations. The findings are based on a poll of 1,615 retail investors and a content review of 51 lack of transparency makes it difficult to distinguish between genuine advice and paid promotions. 'Don't invest in stocks unless you know how to analyse them fundamentally,' cautions Rs.2 lakh in Tejas Networks when the share price was Rs.1,150. Now his investments are down a third of the amount of stock (X@adeptmarket)The Gensol incident is a mere drop in the bucket. In 2022, a similar case emerged with crypto platform Vauld, heavily promoted by finfluencers; the platform later blocked withdrawals, leaving many investors stranded. Yet, such incidents rarely prompt caution until investors suffer losses Delhi-based data professional, Anurag Rawat. He invested Rs.2 lakh in Tejas Networks at Rs.1,150 per share, following a recommendation from a finfluencer on X known as Grandmaster of stock @Adept Market. Today, the stock trades at Rs.742; a fall of nearly 36% below his purchase price. 'It was hard to even save that money since I had just started working,' Rawat had clearly ignored the disclaimer in the influencer's bio — 'not Sebi-registered' and 'only for educational purposes.' Like many new investors, Rawat hoped to strike it big. Now he is more cautious. 'I don't rely on anyone's advice on social media anymore. I stick to credible news sources and registered advisers,' he experience is not unique. Nearly 17% of investors admitted to losing money by following influencer advice as per the CFA institute survey. It's tempting to believe you won't fall into this category — until you investors are even more vulnerable, falling for advice that doesn't even come from well-known sources. Hyderabad-based Sandeep Shukla, for instance, invested Rs.2.5 lakh from his father's Provident Fund (PF) and savings after receiving a direct message on Instagram from an unknown user promoting a Telegram channel with daily stock trading tips.'I had made the worst decision of my life. While I made small profits at first, I eventually lost everything,' he says. This shows that the danger doesn't only lie in blindly following well-known influencers, but also in trusting financial tips from unverified sources on social market regulator Sebi has warned investors many times to stay away from unregistered advisers, including the latest advisory issued on 21 May, cautioning the public about fake profiles impersonating celebrities, public figures and Sebi-registered entities. In Shukla's case, it wasn't a finfluencer who misled him, it was his lack of is now financially literate. Investors' greed also plays a you see a finfluencer following any of these practices, RUN!Any stock recommendation should come with clear, verifiable reasons— something that can be cross-checked by the an impossible target, like `2,500 for a stock currently priced at `300, is a warning influencers often don't track their advice. They delete posts after a week and vanish without a out if they run down others while promoting their own offerings, saying 'do it yourself' and 'buy my course.'If they push you to join an Insta or Telegram group that leads to losses, beware—it could be part of a hidden investments you do not understand. Also, if it's too good to be true, it is indeed too good to be cautious of influencers who offer paid trading tips—it's often a tactic designed to lead you to losses.A mix of low financial literacy and the lure of quick money often draws young investors to unverified online advice. The CFA survey shows those aged between 26-30 are most likely to seek guidance on YouTube and Instagram. Traditional advice can feel intimidating, while finfluencers use relatable language, memes, and reels to simplify things. Investors should be cautious. Bold claims that a stock will 'skyrocket' without solid reasoning are red flags. Many such voices are either pushing paid courses, promoting companies for a fee, or building a personal brand without real expertise. Some also earn commissions through broker tieups when investors buy stocks they reckless advice extends beyond stocks. During the crypto boom, many finfluencers hyped it up. In 2022, Jaipur student Gaurav Sharma invested Rs.60,000 after watching finfluencer Akshat Shrivastava praise crypto returns. A few months later, market volatility wiped it all out. ET Wealth reached out to Shrivastava through LinkedIn, email, and X but didn't receive a victim to a Telegram channel that provided stock market trading tips. He invested Rs.2.5 lakh from his father's PF and savings account and lost all of that in a matter of trader'That's when I decided never to act on online advice blindly. I turned to a registered professional instead,' says Sharma, who consulted certified financial planner Anish Aggarwal. 'He helped me understand the value of SIPs and long-term investing.' Sharma now sticks to the mutual funds route building wealth in a sustainable financial advice flooding the internet, identifying who to trust can be overwhelming. Some finfluencers genuinely aim to simplify money matters and guide investors towards better decision-making. For instance, Pranjal Kamra, a well-known finfluencer is also a Sebi-registered investment adviser. 'We do not deal in intraday trading, currency or commodity futures and options, or individual stocks. Even morally, it's risky to recommend volatile assets on social media — viewers may see a buy call but miss the later sell, creating a communication gap,' he how to separate the helpful from the harmful is critical. Look for educators or channels who focus on long-term financial behaviour, not shortcuts or quick wins. Finfluencers selling courses, naming specific stocks, or pushing 'get-rich-quick' strategies should raise red flagsMost importantly, check credentials. Stick to advisers registered with Sebi — it's easy to verify this on its website by searching for their name or registration number in the intermediary directory. This will help you filter out the noise because of the 51 Indian finfluencers surveyed by the CFA Institute, only 2% were Sebi-registered. These licensed advisers are bound by professional standards and can be held accountable for misinformation or unethical Rs.60,000 in crypto through Vauld due to the promise of high returns but ended up losing it all. Even if he hadn't suffered a loss, he would have lost his money due to the Vauld ShrivastavaSebi is already taking steps to rein in unregulated finfluencers (See Clickbait to crackdown, P4), such as restricting the use of live market data by those offering trading tips under the guise of education. 'Sebi's move to bring unregulated advisers under the regulatory framework is commendable, but there's still a long way to go. Several loopholes remain,' says Anand K. Rathi, Co-founder, MIRA Chitlangia, Founder of FinShiksha, echoes the need for regulatory clarity. 'It's tough to monitor everything shared on social media. Sebi should also focus on building awareness among content consumers so that they can distinguish between credible and dubious advice,' he financial awareness is the strongest defence. If you're consuming content online, you are responsible for evaluating it critically. Recognise your own psychological biases like fear of missing out or greed and pause before following any advice or a random channel. In the age of content overload, financial caution is if you find yourself often relying on finfluencers for guidance, or worse, tips from social media or through Telegram channels you are a part of, then you need the help of a Sebi-registered investment adviser or a good mutual fund distributor, both with a good track financial advice on social media went wrong for Singapore-based crypto lending platform suspended operations in July 2022, leaving investors in limbo. Finfluencers such as Ankur Warikoo—who earned `4.47 lakh for promoting it—were associated with the brand. 'It is the responsibility of every creator to have skin in the game because talk is cheap,' Warikoo later told a Ansari positioned himself as a stock market expert, enticing investors with promises of guaranteed returns of at least Rs.3 lakh and offering multiple stock tips. Sebi later banned him and imposed a hefty fine of Rs.17.2 prices of Sadhna and Sharpline Broadcast were artificially inflated through misleading YouTube channels—'The Advisor' and 'Moneywise'—run by Manish Mishra. Sebi barred Mishra from the securities market for allegedly deceiving aspiring traders lost money to this. Sebi cracked down on Asmita Patel for running an unregistered investment advisory under the guise of an education program, charging students Rs.7 lakh for a course promising market mastery.


Time of India
26-05-2025
- Business
- Time of India
Lost money to finfluencers' advice? All that glitters is not gold, here's how to steer clear of non-credible financial advice
Tired of too many ads? Remove Ads Lack of transparency Tired of too many ads? Remove Ads Popular in Wealth 1. FD rate up to 9.1% for senior citizens investing for 5 years; Know the list of banks Tired of too many ads? Remove Ads Who's most at risk? Be selective in trusting Regulating advice Despite tighter regulations and slightly increased awareness of the risks, the recent Gensol Engineering case shows that the menace of unregistered advisers (most finfluencers would fall here) persists. As per a 18 April story in The Economic Times ( some investors lost up to 95% of their wealth. The story pointed out how finfluencners like Aditya Joshi and Prashant Mishra were taken in by the phenomenal rise of Gensol promoters Anmol Singh Jaggi and his brother Puneet Singh Jaggi, and then caught off-guard when corporate governance issues came to light. Sadly, this is not the Gensol episode is yet another wake-up call—even for those who didn't invest in it. Acting on social media tips without verifying the facts can land investors in a trap. While some influencers may unknowingly promote dubious stocks, others do so with clear intent.'Many are paid to create hype as part of pump-and-dump operations. They don't gain from the stock's performance. Their earnings come from promotional fees, while the real operators quietly exit, leaving retail investors exposed,' says Piyush Singh, a stock trading expert who documented the finfluencers saga at Gensol in detail after the Securities and Exchange Board of India Sebi ) probe was revealed.A 20 March 2025 survey by the CFA Institute reveals that 59% of Indian finfluencers have had one or more brand sponsorships yet 63% of them failed to disclose their financial affiliations. The findings are based on a poll of 1,615 retail investors and a content review of 51 lack of transparency makes it difficult to distinguish between genuine advice and paid promotions. 'Don't invest in stocks unless you know how to analyse them fundamentally,' cautions Rs.2 lakh in Tejas Networks when the share price was Rs.1,150. Now his investments are down a third of the amount of stock (X@adeptmarket)The Gensol incident is a mere drop in the bucket. In 2022, a similar case emerged with crypto platform Vauld, heavily promoted by finfluencers; the platform later blocked withdrawals, leaving many investors stranded. Yet, such incidents rarely prompt caution until investors suffer losses Delhi-based data professional, Anurag Rawat. He invested Rs.2 lakh in Tejas Networks at Rs.1,150 per share, following a recommendation from a finfluencer on X known as Grandmaster of stock @Adept Market. Today, the stock trades at Rs.742; a fall of nearly 36% below his purchase price. 'It was hard to even save that money since I had just started working,' Rawat had clearly ignored the disclaimer in the influencer's bio — 'not Sebi-registered' and 'only for educational purposes.' Like many new investors, Rawat hoped to strike it big. Now he is more cautious. 'I don't rely on anyone's advice on social media anymore. I stick to credible news sources and registered advisers,' he experience is not unique. Nearly 17% of investors admitted to losing money by following influencer advice as per the CFA institute survey. It's tempting to believe you won't fall into this category — until you investors are even more vulnerable, falling for advice that doesn't even come from well-known sources. Hyderabad-based Sandeep Shukla, for instance, invested Rs.2.5 lakh from his father's Provident Fund (PF) and savings after receiving a direct message on Instagram from an unknown user promoting a Telegram channel with daily stock trading tips.'I had made the worst decision of my life. While I made small profits at first, I eventually lost everything,' he says. This shows that the danger doesn't only lie in blindly following well-known influencers, but also in trusting financial tips from unverified sources on social market regulator Sebi has warned investors many times to stay away from unregistered advisers, including the latest advisory issued on 21 May, cautioning the public about fake profiles impersonating celebrities, public figures and Sebi-registered entities. In Shukla's case, it wasn't a finfluencer who misled him, it was his lack of is now financially literate. Investors' greed also plays a you see a finfluencer following any of these practices, RUN!Any stock recommendation should come with clear, verifiable reasons— something that can be cross-checked by the an impossible target, like `2,500 for a stock currently priced at `300, is a warning influencers often don't track their advice. They delete posts after a week and vanish without a out if they run down others while promoting their own offerings, saying 'do it yourself' and 'buy my course.'If they push you to join an Insta or Telegram group that leads to losses, beware—it could be part of a hidden investments you do not understand. Also, if it's too good to be true, it is indeed too good to be cautious of influencers who offer paid trading tips—it's often a tactic designed to lead you to losses.A mix of low financial literacy and the lure of quick money often draws young investors to unverified online advice. The CFA survey shows those aged between 26-30 are most likely to seek guidance on YouTube and Instagram. Traditional advice can feel intimidating, while finfluencers use relatable language, memes, and reels to simplify things. Investors should be cautious. Bold claims that a stock will 'skyrocket' without solid reasoning are red flags. Many such voices are either pushing paid courses, promoting companies for a fee, or building a personal brand without real expertise. Some also earn commissions through broker tieups when investors buy stocks they reckless advice extends beyond stocks. During the crypto boom, many finfluencers hyped it up. In 2022, Jaipur student Gaurav Sharma invested Rs.60,000 after watching finfluencer Akshat Shrivastava praise crypto returns. A few months later, market volatility wiped it all out. ET Wealth reached out to Shrivastava through LinkedIn, email, and X but didn't receive a victim to a Telegram channel that provided stock market trading tips. He invested Rs.2.5 lakh from his father's PF and savings account and lost all of that in a matter of trader'That's when I decided never to act on online advice blindly. I turned to a registered professional instead,' says Sharma, who consulted certified financial planner Anish Aggarwal. 'He helped me understand the value of SIPs and long-term investing.' Sharma now sticks to the mutual funds route building wealth in a sustainable financial advice flooding the internet, identifying who to trust can be overwhelming. Some finfluencers genuinely aim to simplify money matters and guide investors towards better decision-making. For instance, Pranjal Kamra, a well-known finfluencer is also a Sebi-registered investment adviser. 'We do not deal in intraday trading, currency or commodity futures and options, or individual stocks. Even morally, it's risky to recommend volatile assets on social media — viewers may see a buy call but miss the later sell, creating a communication gap,' he how to separate the helpful from the harmful is critical. Look for educators or channels who focus on long-term financial behaviour, not shortcuts or quick wins. Finfluencers selling courses, naming specific stocks, or pushing 'get-rich-quick' strategies should raise red flagsMost importantly, check credentials. Stick to advisers registered with Sebi — it's easy to verify this on its website by searching for their name or registration number in the intermediary directory. This will help you filter out the noise because of the 51 Indian finfluencers surveyed by the CFA Institute, only 2% were Sebi-registered. These licensed advisers are bound by professional standards and can be held accountable for misinformation or unethical Rs.60,000 in crypto through Vauld due to the promise of high returns but ended up losing it all. Even if he hadn't suffered a loss, he would have lost his money due to the Vauld ShrivastavaSebi is already taking steps to rein in unregulated finfluencers (See Clickbait to crackdown, P4), such as restricting the use of live market data by those offering trading tips under the guise of education. 'Sebi's move to bring unregulated advisers under the regulatory framework is commendable, but there's still a long way to go. Several loopholes remain,' says Anand K. Rathi, Co-founder, MIRA Chitlangia, Founder of FinShiksha, echoes the need for regulatory clarity. 'It's tough to monitor everything shared on social media. Sebi should also focus on building awareness among content consumers so that they can distinguish between credible and dubious advice,' he financial awareness is the strongest defence. If you're consuming content online, you are responsible for evaluating it critically. Recognise your own psychological biases like fear of missing out or greed and pause before following any advice or a random channel. In the age of content overload, financial caution is if you find yourself often relying on finfluencers for guidance, or worse, tips from social media or through Telegram channels you are a part of, then you need the help of a Sebi-registered investment adviser or a good mutual fund distributor, both with a good track financial advice on social media went wrong for Singapore-based crypto lending platform suspended operations in July 2022, leaving investors in limbo. Finfluencers such as Ankur Warikoo—who earned `4.47 lakh for promoting it—were associated with the brand. 'It is the responsibility of every creator to have skin in the game because talk is cheap,' Warikoo later told a Ansari positioned himself as a stock market expert, enticing investors with promises of guaranteed returns of at least Rs.3 lakh and offering multiple stock tips. Sebi later banned him and imposed a hefty fine of Rs.17.2 prices of Sadhna and Sharpline Broadcast were artificially inflated through misleading YouTube channels—'The Advisor' and 'Moneywise'—run by Manish Mishra. Sebi barred Mishra from the securities market for allegedly deceiving aspiring traders lost money to this. Sebi cracked down on Asmita Patel for running an unregistered investment advisory under the guise of an education program, charging students Rs.7 lakh for a course promising market mastery.