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Jagannadham Thunguntla

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Govt clears way for bigger foreign investment in banks

Lok Sabha passed a bill on Tuesday aimed at drawing foreign investment to the banking sector by increasing shareholders' voting rights, after dropping a controversial clause allowing banks to trade......

Panel moots listing of 50 PSUs in 5 years

A slew of public offers of unlisted public sector undertakings is likely in the next few years if the recommendations of a government-appointed panel are accepted.In a report to the Planning......

50% IPOs trading below issue price

With the government planning to go ahead with the disinvestment process, the initial public offer and follow-on offer market is expected to take off in a huge way.Companies such as SAIL, ONGC, IOC......

Jalan committee report face delay

It is now clear that the revised takeover code and the Bimal Jalan committee report will not be implemented soon and in the same form, since the finance ministry wants to seek industry views on......

Cos asked to declare dividend on per share basis

Clearing shareholders' confusion over returns they get from equities, market regulator Securities and Exchange Board of India on Friday made it mandatory for companies to declare dividend on per......

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