A Regulatory Tweak Fuels 70,000-Fold Jump in Indian Penny Stock

(Bloomberg) -- Shares of a little-known investment and financial services firm in India soared 70,000-fold this week in one of the biggest moves globally, thanks to a rule tweak by the securities regulator.Most Read from BloombergChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowIs Denver’s Big Bet on E-Bikes Paying Off?NY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictA South Korean City Plays Mat