Prizes and Selection of Winners:
There will be 10 winners every week, who shall be selected by TradeGyani based on the details mentioned in the general terms and conditions below and the decision of TradeGyani shall be final and binding.
The winners shall be announced by TradeGyani. The results shall be uploaded on TradeGyani’s website, social media platforms i.e. TradeGyani’s Facebook, Twitter and Instagram and LinkedIn pages.
Contestant whose portfolio outperforms the returns of S&P BSE Sensex and his/her portfolio returns is among the top 10 returns in the leaderboard.
Weekly Prizes:Winners ranked 1-5 will get Rs 600 & Winners ranked 6-10 will get Rs 400 each every week
Refer & Earn:
While you and your friends both stand a chance to win cash prizes every week in the on-going D-Street Challenge..
You will get additional ₹100 every time if any of your referred friends win any of the weekly contests between 8th April till May, 17th 2019!
General Terms and Conditions for the Contest:
1 . ELIGIBILITY: This Contest is open to residents of India and above the age of 18 years, having a valid email address. TradeGyani has the right to verify the eligibility of each entrant (hereinafter referred to as “Participants”.)
Entrant: In the event of a dispute regarding the owner of any entry for this Contest, the entry will be deemed made by the authorized account holder of the e-mail address submitted at the time of entry (i.e., the natural person who is assigned to an e-mail address by an Internet access provider, on-line service provider or other organization responsible for assigning e-mail addresses for the domain associated with the submitted e-mail address).
Ineligibility:Employees of the TradeGyani, their subsidiaries and affiliates, or of other companies/suppliers/advertising agencies/ event management companies associated with the promotion of this Contest, as well as the immediate family (spouse, parents, siblings, and children, and each of their respective spouses) and household members of each such employee are not eligible..
All the participants must sign-up on TradeGyani and become a registered user to be eligible for the contest
Limitations. There is a limit of one (1) entry per person and per e-mail address
Participants must fully complete their social (including original photo) and investment profiles on TradeGyani.
Name of Contest : D-Street Virtual Trading Challenge
Contest Days : February 11th (9:15 AM onwards) to May 17 th (3:30 PM) 2019
3. CONTEST RULES:
All participants will be given Rs. 5lakhs in virtual money to build their investment portfolios.
All the trades are applicable only in Cash Segment..
Each participant will be assigned 1 contest portfolio. Participants can place multiple buy and sell orders (to buy and sell stock) in that portfolio as long as a single stock is not purchased and sold the same day (intra-day settlement). Any contestant who does this will be disqualified.
Any participant buying stocks with market-cap of less than 1000 crore will be disqualified
Transaction Limits – Participants can invest a maximum of 25% of their simulated portfolio value in any one stock.
TradeGyani will identify winners based on the portfolio return percentage (%) calculated by using Modified Dietz methodology (described below) on tradegyani.com.
The portfolio return% is tracked and displayed to all the participants on a real-time basis.
Portfolio return% calculated by TradeGyani is final and binding.
Portfolio Return Methodology - TradeGyani calculates portfolio returns using a Modified Dietz Method. Returns derived from the Modified Dietz method provide a reasonable idea of how the securities in your portfolio have performed adjusting for the amount invested which may vary over time. We use a Value Weighted method to calculate portfolio returns since value weighted returns are considered more accurate measures of the actual profit or loss of your investment, versus other methods such as Time Weighted returns.
Weekly Winners – : Contestant whose portfolio outperforms the returns of S&P BSE Sensex and his/her portfolio returns is among the top 10 returns in the leaderboard. Winners ranked 1-5 will get Rs 600 & Winners ranked 6-10 will get Rs 400 each every week
Representation and Warranties by Participant:
1 . Participant represents and warrants that he/she is legally competent to enter into binding contracts under applicable laws. By taking part and/ or entering into the Contest the Participant warrants that all information provided by the Participant regarding its name, age, state, city, address, phone number, etc., is true, correct, accurate and complete and that the Participant is authorized to provide such information and consents to the use of such information by TradeGyani and/or its event management company.
2 . Participant represents and warrants that the entries shall not (i) violate the rights of any party including but not limited to the intellectual property rights; or (ii) contain anything which, if published, would adversely affect the reputation of TradeGyani.
3 . Participant gives TradeGyani the right to publish and broadcast anywhere in the world, for editorial, advertising, promotional, marketing and/or other purposes and in any media, Participant’s and/or Winner’s name, image, likeness and/or photograph (except where prohibited by law) without any further permission or consent or consideration in any form, including but not limited to, royalty.
4 . Participant agrees that TradeGyani shall not be liable for any claims, costs, injuries, losses, or damages of any kind arising out of or in connection with the Contest or with the acceptance, possession, or use of any Prize (except any liability which may not be excluded under applicable law). The Prize shall be on “AS IS “basis.
5 . Participant hereby agrees to indemnify and keep TradeGyani, its parent, affiliate, associated companies, its event management company and their respective directors, officers, employees, contractors and agents, indemnified against any and all damages, losses, claims (including but not limited to third party claims), injuries, demand, costs, fees, suits, judgments, expenses, fines, penalties, taxes, charges and any other liability of any kind or nature whatsoever imposed by or payable to any statutory authority or by any third party to the extent they are attributable to any express or implied act, default or omission of the Participants or to any breach or non-compliance by the Participants of any of these terms and conditions (or due to the use or misuse of any product purchased by the Participants.) and/or such liability arising out of any act of omission, commission, fraud, negligence or misconduct by the Participant/s.
1 . TradeGyani shall not be responsible for system outages, delays, equipment malfunctions, errors or data loss of any kind, lost or unavailable connections, or failed, incomplete, garbled or deleted transmissions or other technological difficulties or any other force majeure event that may prevent a Participant from participating in the Contest. Further, TradeGyani will not be responsible or liable for: (a) any failure to receive submissions due to transmission failures and other conditions beyond its reasonable control; (b) any late, lost, misrouted, or damaged transmissions or entries or Prizes; (c) any computer or communications related malfunctions or failures; (d) any disruptions, losses or damages caused by events beyond the control of the Promoter; or (e) any printing or typographical errors in any materials associated with the Contest or (f) any delay, damage, non receipt, lost, misrouted Prizes.
2 . TradeGyani shall not be liable for delay in delivery of Prizes due to non-availability of stocks or for any other reason beyond its control.
3 . TradeGyani shall not be responsible for the slow internet connection or stoppage of bytes during the log-in session. It is the Participant´s sole discretion to use dial-up or broadband connection.
4 . TradeGyani has the right to cancel entries with incomplete information or illegal contents (statements of a racist, sexist or defamatory nature) or statements glorifying violence which could be construed as deriding or insulting or similarly offending specific individuals or groups.
5 . TradeGyani shall not be liable for any loss or damage due to Act of God, Governmental actions, other force majeure circumstances and shall not be liable to pay any amount as compensation or otherwise for any such loss.
6. TradeGyani reserves the absolute right to amend the terms and conditions of the Contest or extend the Contest Day or cancel or discontinue the Contest or any part thereof without giving any reasons or prior notice.
7 . Failure by TradeGyani to enforce any of its right at any stage does not constitute a waiver of those rights.
8 . In no event shall TradeGyani be liable for losses or any incidental or consequential damages arising out of or in connection with the Contest, its services or this agreement (however arising, including negligence). TradeGyani shall not be responsible for any product or service liability of any kind..
9 . In the event of any conflict or inconsistency regarding any instructions, rules and conditions on any advertising or promotional material relating to the Contest, these Terms and Conditions shall prevail over all such other instructions, rules and conditions.
10 . TradeGyani India reserves the right to change the Terms and Conditions of this Contest at any time without prior notice.
This Contest is sponsored by TradeGyani Analytics Private Limited having its registered office at B WING, 5TH FLOOR, ACKRUTI TRADE CENTRE, MIDC, ANDHERI EAST, MUMBAI, MAHARASHTRA, 400093.. The Sponsor reserves the right to cancel, terminate or modify the promotion/campaign/Contest if it cannot be operated, conducted or completed as planned, for any reason. For any questions regarding the Contest, please contact TradeGyani on email id firstname.lastname@example.org. All endeavours shall be made to address your queries. However, it is clarified that no response shall not be construed as a deficiency or an act of omission on the part of TradeGyani.
Governing law & Dispute Resolution:
This Contest is governed by the applicable Indian Laws and subject to exclusive jurisdiction of the Court at Mumbai only. All disputes, controversies or claims in relation to this Contest, whether contractual or tortious, shall be submitted to arbitration as per the Arbitration and Conciliation Act, 1996 and any amendments thereof and the Rules framed there under. The place of the arbitration shall be in Mumbai India. The arbitration proceedings shall be conducted by a sole arbitrator appointed by TradeGyani India and language shall be in English. The award of the arbitration shall be final and binding on the parties. All costs and expenses in respect of the arbitration shall be borne by the non-prevailing party.
NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN THIS CONTEST. A PURCHASE OR PAYMENT WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED OR OTHERWISE RESTRICTED BY LAW. INDIA LAW GOVERNS THIS CONTEST, AS APPLICABLE.
"D-Street Virtual Trading Challenge" (‘Contest’) is brought to you by TradeGyani Analytics Private Limited(“TradeGyani”) having its registered office at B WING, 5TH FLOOR, ACKRUTI TRADE CENTRE, MIDC, ANDHERI EAST, MUMBAI, MAHARASHTRA, 400093.The contest will run on tradegyani.com that will go live from February 11th to May 17th, 2019 (Contest Period) to win an Rs 5000 every week sponsored By TradeGyani. The terms and conditions (T&Cs) of the Contest are as mentioned below:
You agree that, by participating in this Contest, you will be bound by these T&Cs and you acknowledge that you satisfy all Contest eligibility requirements as provided herein below.
For the purposes of these T&Cs, wherever the context so requires "You" or "Your" “Winner” shall mean any natural person who is a participant in the Contest.
4. WINNER SELECTION :
5 . Cash prizes will be either paid by cheque or electronic means where feasible (subject to ID verification and provision of payment instructions from users), or made available for spending for specific purposes (if required by a contest sponsor).
6 . Users/players are responsible for their own taxes in relation to any Earnings. We may be required to withhold a portion of Earnings. Regardless, you remain solely liable to pay any applicable taxes on Earnings owed to you.
7 . Participation in the Contest implies that Participants agree to all Terms & Conditions of the Contest. Anybody found using any unfair means will be immediately disqualified.
8 . The participation in the Contest is voluntary. Participation in this Contest constitutes acceptance of these terms and conditions. By participating in this Contest, Participant agrees to receive communication(s) from TradeGyani and/or its event management company relating to the contest and participant unconditionally agrees not to make any claim or raise any complaint against TradeGyani and/or its officers, directors, employees, subsidiary or any authorized third-party agency in this respect.
9 . This Contest is in no way sponsored, endorsed or administered by, or associated with Facebook, Twitter, Instagram or any other social media platform. The Participant will be providing their information to TradeGyani and not to social media channels. By participating in this Contest, the Participant hereby consents to the accessing of information of the user on social media platforms of TradeGyani India or anywhere else by TradeGyani and/or authorized third party agency for the purpose of this Contest.
10 . Further, TradeGyani shall be at liberty to use the entries received for its media coverage, advertisement or publicity in any form which is existing today or will be known anytime in the future without any further consideration to the participants including promotion of any products manufactured, distributed and/or supplied by it.
11 . By participating in the Contest, it would be deemed that the Participants have given permission to TradeGyani to contact them through call, SMS or email for the purpose of announcing them as winners and collect their contact details.
12. The Participant(s) unconditionally agrees not to make any claim or raise any complaint against TradeGyani and/or the event management company in this respect.
13. Pictures and images shown in the promotional material for the offer or on the website are visual representations and the actual prize, and their colors, model numbers and/or features may differ.
14 . No other offers can be clubbed with this offer.
15 . The Winners will have to send a copy of PAN Card (Self attested), Photo ID Proof i.e. copy of driving license or Passport or Voter ID Card or Ration Card (Self attested), Address proof: Driving license / Passport / Voter ID Card /Electricity Bill (shouldn’t be more than 6 months old) (Self attested) in the manner and within such time period as provided in the email which shall be sent to the him/her informing about the results.
16 . Upon receipt of the documents and after verification of the information provided by the Winners, prizes will be distributed to the winners.Prizes shall be dispatched through courier at the address which is mentioned on the address proof submitted by the Winner. The Winners shall be sent emails informing them of the POD number / Airway Bill Number (AWB) for the courier enabling them to track the status of their Prize.
17. In the event Winners are unreachable, ineligible, or fails to claim the Prize within the stipulated time, the Prize shall stand forfeited.
18. The Winner declared by TradeGyani will be given only one (1) Prize during the Contest. The Prizes shall be on “AS IS” basis and TradeGyani shall not be responsible for the same and no disputes shall be entertained in this regard. Further TradeGyani reserves its right to change the Prize with some other Product of equivalent value.
19. All Winners are subject to verification, including without limitation, verification of eligibility through checks as deemed appropriate by TradeGyani and complete compliance with these terms and conditions. TradeGyani reserves the right to verify the Winner’s details either on its own or through its authorized agency / person and the Winner shall provide all necessary assistance in such verification. In exercising this right, TradeGyani may ask the Winner to provide any documentary or other form of evidence, and if evidence does not establish the same then TradeGyani, in its sole discretion, will have the right to disqualify the Winner.
20. The Prize cannot be exchanged with any product or item, is nontransferable and cannot be en-cashed under any circumstances. Accessories, if any shown with the Prize shall not form part of the Prize to be provided to the Winner. No other offers/contests can be clubbed with this Contest.
21 . TradeGyani reserves the right to substitute the Prizes under this Contest with Prizes of equivalent value, at its sole discretion. Contest shall be void, if prohibited by law. In such case, TradeGyani shall not be liable to provide any gift(s)/ Prize(s) or compensation to the Winner on any account.
22 . Where the prize value exceeds exemption limit under Income Tax Act, 1961 (Currently it is Rs. 10,000), winners shall bear all applicable taxes including but not limited to income (withholding) tax and any other statutory levy as may be applicable from time to time in relation to the Prize. The Winners are solely responsible for any other expense related to the acceptance of Prizes and TradeGyani or its associate companies shall not in any manner be liable or responsible for the same.