The National Stock Exchange, Bombay Stock Exchange, MCX Stock Exchange and United Stock Exchange have been invited for the August 6 meet.
It could save commuters from the stress of travelling on the congested roads during peak hours. The denizens of the city would be able to travel on the commuter rail system in the next six months.
The public issue pipeline is at its driest in two years. According to the website of market regulator Sebi, only 11 companies have filed for initial public offerings between April and June.
IRFC, NHAI, Hudco and others to hit the market in next few months.
Muthoot Finance's method of raising money through gold bonds has been questioned.
All existing instruments in e-form by September 30; move to affect 200,000 companies
An investment banker handling the PSU issues said, "When employees pick application forms, these typically have stamps of brokers. But there was no clarity who will bear the cost. Now with this provision, government will pay 25 bps. It is lesser than retail because there is often no marketing effort from the broker, as a lot of it is done by the company itself."
Barely five days after he was hired by Speak Asia as its legal adviser, Ashok Saraogi withdrew from the case last Friday.
Most of the top investment banks will be rendered ineligible to manage the coming initial public offering (IPO) of National Building Construction Corp Ltd (NBCC) if the new rules for appointment of advisors are implemented.
The new guidelines restrict bankers not just from advising private sector companies in the 'same line of business' on public issues.
In March, the Registrar of Companies, Uttar Pradesh and Uttarakhand, based in Kanpur, sent a notice to Sahara India Real Estate Corp for using a third party's bank accounts to receive funds from investors.
Depressed equity performance, Sebi copycat rules, lack of new ideas combine to impel funds to look elsewhere.
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
The company would import $10 million (Rs 45 crore) of components in 2010 from Indian vendors. It is set to increase this to $40 million by the end of 2012, a top company official said.
The company is wooing smaller towns to create awareness for Etios to be launched in December.
The workers of the two-year-old bus plant are demanding confirmation of temporary employees and reinstatement of those who were suspended in April this year, in addition to wage hike.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
Most buildings have been built without the fire department's approval.
The Rajeev Chandrasekhar-owned Asianet Communications Ltd, a Bangalore-based media company, is believed to have struck a strategic alliance with Kannada Prabha, a multi-edition Kannada newspaper run by Express Publications (Madurai) Ltd.
The company plans to set up a new IT park near Kolkata and recently the company's Chairman, Azim Premji, had signed an agreement with the state government to acquire additional land.
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