Anindita Dey &Amp; Dev Chatterjee In Mumbai

Stories by Anindita Dey &Amp; Dev Chatterjee In Mumbai

SEBI tightens noose around manipulators

SEBI tightens noose around manipulators

Rediff.com   23 Jun 2007

By passing on the information to income tax department, the regulator wants to send a clear signal that manipulation could prove to be costly.

Odds rise for small bourses as deadline looms

Odds rise for small bourses as deadline looms

Rediff.com   22 Jun 2007

With pressure mounting on 18 regional exchanges to demutualise, some bourses have decided to shut shop, while others are going in for demutualisation - leading to an eventual consolidation.

Bad home loans have banks on toes

Bad home loans have banks on toes

Rediff.com   22 Jun 2007

Defaults due to rising rates resulted in the move.

Larsen ESOPs' issue settled out of court

Larsen ESOPs' issue settled out of court

Rediff.com   16 Jun 2007

Two former directors on the Larsen & Toubro board have returned the employee stock option shares to the company following an out-of-court settlement reached this week with two government-owned financial institutions.

Cross-border deals under I-T scanner

Cross-border deals under I-T scanner

Rediff.com   11 Jun 2007

Objective of the examination is to study the tax implications of such deals.

RBI weighs $ sell-buy swap to stem liquidity

RBI weighs $ sell-buy swap to stem liquidity

Rediff.com   11 Jun 2007

The Reserve Bank of India is exploring the use of a dollar sell-buy swap to drain liquidity from the banking system, having used the most common instruments over the last two and a half years in its fight against inflation.

Non-compete clauses don't really work

Non-compete clauses don't really work

Rediff.com   7 Jun 2007

India Inc's bid to stop people from joining rivals has not found favour with the judiciary.

RBI wants lock-in for IPO allotments to FIIs

RBI wants lock-in for IPO allotments to FIIs

Rediff.com   6 Jun 2007

Move aimed at checking short-term inflow of foreign funds.

Infrastructure firms under CAG lens for audit

Infrastructure firms under CAG lens for audit

Rediff.com   1 Jun 2007

The Comptroller and Auditor General of India plans to focus on infrastructure companies and banks for special audit during the current financial year.

Daewoo land sale gets stuck in legal wrangles

Daewoo land sale gets stuck in legal wrangles

Rediff.com   31 May 2007

The sale of Daewoo assets in Surajpur to Crosslinks, a company floated by former Hyundai executive B V R Subbu and Spicejet promoter Ajay Singh, has hit a legal quagmire with a slew of new players staking a claim for the 205-acre land.

Sebi to allow short selling by first week of July

Sebi to allow short selling by first week of July

Rediff.com   28 May 2007

To resume after six-year hiatus.

Another CRR hike looms

Another CRR hike looms

Rediff.com   25 May 2007

The Reserve Bank of India, which has already raised the cash reserve ratio (CRR) thrice since December last year, is contemplating another hike, though only on incremental deposits this time.

Banks can now be pension fund managers

Banks can now be pension fund managers

Rediff.com   25 May 2007

The funds are likely to be invested as per the interim investment guidelines, which may allow investment of 5 per cent in equity and 10 per cent in equity-linked mutual funds.

Curbs likely on VC funds for realty

Curbs likely on VC funds for realty

Rediff.com   24 May 2007

The government is reviewing norms for investments by foreign venture capital funds in real estate, after the Reserve Bank of India coming round to the view that such funding is helping create an asset bubble in the sector.

FDI status for FIIs in real estate pre-IPOs

FDI status for FIIs in real estate pre-IPOs

Rediff.com   23 May 2007

The government proposes to treat the investments by foreign institutional investors in pre initial public offers (IPOs) of real estate companies at par with foreign direct investment.

Govt moots merger of pvt banks, UCBs

Govt moots merger of pvt banks, UCBs

Rediff.com   21 May 2007

A way to ensure good growth as private banks find organic growth tough.

Britannia's Tiger row may end soon

Britannia's Tiger row may end soon

Rediff.com   19 May 2007

Royalty terms with Danone for brand on the cards.

More M&As  on the radar, says Tata Steel MD

More M&As on the radar, says Tata Steel MD

Rediff.com   18 May 2007

An interview with Tata Steel Managing Director B Muthuraman

FIs remove 2 L&T nominee directors

FIs remove 2 L&T nominee directors

Rediff.com   11 May 2007

In a communication to L&T, the financial institutions on Thursday said they were withdrawing the nominations of Sinha and Deshmukh from the board with immediate effect.

Small IPOs to face price band on listing

Small IPOs to face price band on listing

Rediff.com   11 May 2007

After the first day of listing, the exchanges put a price band of 20 per cent for the movement of the stock prices. However, the level of circuit filter proposed for IPOs on the first day of listing is not known.