What’s the cost of an untold secret? ₹74 lakh, apparently. 💰 In a recent insider trading case involving unpublished price-sensitive information (UPSI) about the HDFC Ltd-HDFC Bank Ltd merger, SEBI concluded a settlement with two individuals, including a former Deloitte India employee, for a whopping ₹74 lakh. Here’s what happened: 🔍 SEBI’s investigation revealed that one of the individuals, part of the merger’s valuation team, had access to UPSI. 📞 Frequent conversations with a close associate led to the dissemination of this sensitive information—extending even to the latter’s father. ⚖️ The result? Violations of PIT (Prohibition of Insider Trading) norms, leading to the settlement. While the case ended in a “neither admitting nor denying” settlement, it underscores a critical point: Insider trading isn’t just unethical—it’s costly. Beyond financial penalties, reputational damage can last much longer. What does this mean for businesses? This incident is a stark reminder for organizations to build robust frameworks around insider trading prevention. From awareness to accountability, every employee must understand the gravity of handling sensitive information. At Rainmaker, we help organizations design compliance learning solutions that go beyond ticking regulatory checkboxes. Through dramatized short films and real-life case studies, we make understanding PIT regulations engaging, relatable, and memorable. 💡 After all, prevention is always better than a ₹74 lakh settlement. Are your teams prepared to safeguard sensitive information? Let’s start the conversation today! Ref. Link: https://lnkd.in/dPN6xz4m #InsiderTrading #PIT #ComplianceTraining #CorporateGovernance #Rainmaker #PreventionofInsiderTrading
Rainmaker
E-Learning Providers
Mumbai, Maharashtra 10,277 followers
Premium Dramatized E-Modules & Instructor-Led Training Solutions in PoSH | D,E&I | ABAC | Data Privacy | Code of Conduct
About us
Rainmaker specializes in creating ethical and compliance training programs for leading corporates in India. Our focus is providing synchronous and asynchronous training solutions that are engaging and interactive for your employees which help create ethical and compliant workplaces. We believe in a transforming the future of online learning by combining training with the magic of movies and storytelling – to create a memorable and interactive training experiences. Our training courses on Prevention of Sexual Harassment (PoSH), Diversity, Equity & Inclusion (D,E&I), Anti-Bribery & Anti-Corruption (ABAC) and many more, ensure your organization is imbibed with the best corporate governance practices and codes of conduct.
- Website
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http://www.rainmaker.co.in/
External link for Rainmaker
- Industry
- E-Learning Providers
- Company size
- 11-50 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Online Learning, Compliance Training, E-Learning, Leadership Training, Learning Management Solutions, Prevention of Sexual Harassment, Policy Vetting, Policy Drafting, Instructor-Led Training, Corporate Training, E-Modules, Anti-Bribery & Anti-Corruption , Data Privacy, Code of Conduct, and Data Protection
Locations
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Primary
404, Niranjan, 99 Marine Drive,
Marine Lines West, Mumbai 400 002
Mumbai, Maharashtra 400002, IN
Employees at Rainmaker
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Sandeep R.
Partner and Director at RITE Services, Ahmedabad specializing in Business Strategy, Consulting and Corporate Training. Channel Partner - RAINMAKER -…
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Antony Alex
Shaping ethical leadership & thriving workplace cultures: PoSH, DEIB, Anti-Bribery (FCPA, UKBA & PCA), Data Protection, Prevention of Insider…
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Kartik Ramaswamy
Business Leader, Entrepreneur, People Manager, Teacher, Coach, and occasional Writer
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Ignatius (Julian) Mathew
Voice Over and Dubbing Artist
Updates
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John Deere’s iconic green and yellow took a hit as its subsidiary, Wirtgen Thailand, faced FCPA violations from 2017 to 2020. Bribes, from cash to luxury trips, were used to secure contracts, leading to a $10 million SEC settlement. Watch now (link below) to learn more about the compliance lapses, the importance of corporate accountability and how Deere has since taken steps to address the misconduct and strengthen its compliance measures. https://lnkd.in/gHE6hYdV #CorporateAccountability #ComplianceLapses #EthicalBusiness #CorporateEthics #AntiBribery #GlobalCompliance #BusinessIntegrity #CorporateGovernance #ComplianceMatters #SECSettlement #EthicalLeadership #ComplianceReform #Rainmaker
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Today, we celebrate the resilience, creativity, and boundless potential of the human spirit. Disabilities are not limitations—they are opportunities to showcase unique strengths and redefine what it means to succeed. While the International Day of Persons with Disabilities (IDPWD) may have passed, we continue to honor extraordinary individuals who have broken barriers, challenged stereotypes, and inspired countless others—our celebrated Indian Paralympic winners. Icons like Avani Lekhara, the first Indian woman to win a Paralympic gold medal, and Devendra Jhajharia, the first Indian Paralympian to win two gold medals, remind us of the incredible heights that determination and grit can achieve. Bhavina Patel’s silver in table tennis and Mariyappan Thangavelu’s gold and silver in high jump further showcase their unyielding spirit. Their journeys are powerful reminders of the importance of inclusion and the ongoing need to create spaces where everyone can thrive. Join us as we continue to honor their achievements and share stories that uplift, inspire, and reignite determination to rise above challenges. Together, let’s build a world where Diversity, Equity, Inclusion, and Belonging (DEIB) are not just ideals but realities for all. #IDPWD2024 #DisabilityInclusion #ParalympicPride #BreakingBarriers #InclusionMatters #EquityAndBelonging #AvaniLekhara #DevendraJhajharia #BhavinaPatel #MariyappanThangavelu
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As we reflect on the recently completed 16 Days of Activism Against Gender-Based Violence, we are reminded of the collective responsibility we all share in fostering a world where women and girls can live free from violence and discrimination. India, as an adoptee of the Beijing Declaration and Platform for Action, continues its commitment to advancing women’s rights and gender equality. While the 16 days may have ended, the work to eliminate gender-based violence in all its forms remains critical. The recent post by Saima Wazed, World Health Organization (WHO) Regional Director for South-East Asia, highlights the need for urgent action. What are your thoughts on this and what moves are you making to end gender-based violence? Share them with us in the comments below. #EndGenderBasedViolence #GenderEqualityNow #WomensRightsMatter #BreakTheSilence #EmpowerWomen #WHOInitiatives #BeijingDeclaration #StopViolenceAgainstWomen #HumanRights #SocialJustice #Rainmaker
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We're thrilled to have been featured in this edition of the Indian Leadership Council's newsletter -- The Human Element: Strengthening Business Connections. Rainmaker Founder & CEO, Antony Alex's vodcast with ET Insights, headlined "Rainmaker CEO talks about leadership development and the importance of DEI in the workplace" has been included. Do give it a read and leave your thoughts in the comments below Like, comment, and subscribe to our Youtube channel for more insights. #LeadershipDevelopment #WorkplaceInclusion #DiversityEquityInclusion #DEIMatters #AntonyAlex #RainmakerInsights #ETInsights #BusinessConnections #CorporateLeadership #InclusiveWorkplace #EmployeeEngagement
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Trading wisely means staying compliant. This Week’s Tip highlights key regulations around Mutual Fund trading and the implications of possessing UPSI. Remember, when it comes to compliance, the onus is on you to stay informed. Follow Rainmaker for more insights. #MutualFunds #ComplianceMatters #TradingTips #UPSI #StayInformed #FinancialCompliance #WiseInvesting #RegulatoryGuidelines #ComplianceFirst #RainmakerInsights #InvestmentTips
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🔒 Data Privacy in the Spotlight: Lessons from Meta’s €251M Fine Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and Threads, has been handed a €251 million fine for a 2018 data breach that impacted millions of users, including 3 million in the EU/EEA. This enforcement action under GDPR underscores a vital message for organizations worldwide: data protection must be baked into every stage of system design and development. The breach arose from a vulnerability in Facebook’s “View As” feature, allowing attackers to exploit access tokens and compromise sensitive personal data such as names, email addresses, locations, posts, and even children's details. In the aftermath, the Irish Data Protection Commission highlighted key violations, including Meta’s failure to: 1️⃣ Properly document and notify authorities of the breach. 2️⃣ Integrate robust data protection principles during system design. 3️⃣ Limit data processing to what was absolutely necessary. While Meta has since taken corrective actions, this incident reinforces critical lessons for companies: 💡 Proactive Compliance: Designing systems with privacy safeguards isn’t optional—it’s a legal and ethical imperative. 💡 Thorough Incident Management: Effective breach documentation and response protocols are essential for regulatory compliance and user trust. 💡 Transparency Matters: Clear, accurate communication with regulators and affected users is non-negotiable. 🌍 Beyond Europe, privacy concerns are reverberating globally. Meta recently agreed to a $31.5M settlement in Australia linked to the Cambridge Analytica scandal, demonstrating that regulatory scrutiny is intensifying everywhere. At #Rainmaker, we help organizations build cultures that prioritize compliance, transparency, and ethical decision-making. From GDPR to other laws under Data Protection and Privacy (DPP), we design learning solutions that make compliance both actionable and impactful. 📢 What’s your take on this development? Share your thoughts in the comments! #DataPrivacy #ComplianceMatters #GDPR #EthicalLeadership #DataProtection #PrivacybyDesign
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🌟 Celebrating Learning and Awareness 🌟 We’re thrilled to see our WorkSAFE PRIME certification making an impact! Congratulations to Priyanka Chakraborty from Wissen Technology on successfully completing the Certification Course on PoSH Law. Your dedication to fostering a safe and inclusive workplace inspires us! At #Rainmaker, we believe that building awareness and understanding of workplace laws isn't just a compliance requirement—it’s a step toward creating a culture where everyone feels respected and valued. 🌈 Thank you, Wissen Technology, for partnering with us on this journey to prioritize safety, equality, and empowerment in your organization. Together, let’s continue to champion positive change. 💪✨ #WorkplaceSafety #DEIB #Leadership #Compliance #WorkplaceCulture
🌟 Completion of new Certification 🌟 Successfully completed Certification Course by Rainmaker on WorkSAFE PRIME on the Sexual Harassment of Women at Workplace Act, 2013 and Rules. Wissen Technology