Student or Learner
Simply put this is an instrument used by overseas investors to put money in Indian markets without the bother of registering themselves with market regulator SEBI.
The money is laundered and then finds its way back into lucrative and underdeveloped markets where it's a case of high risk, high returns. One of these developing equity markets is India.
[Source : ED nets man worth Rs 35,000 cr : pune, income tax raids, businessman, hasan ali : IBNLive.com : CNN-IBN ]
Please explain this two paragraphs. (Particularly highlighted one)
Simply put = to say something in a simple way (there should be a comma after it to separate it from the rest of the sentence)
Once the money has been made to appear legitimate, it goes to places like India where it is invested in in markets where there are a lot of profits to be made, but also risks of losing the money.