Ashley Coutinho And Shrimi Choudhary

Stories by Ashley Coutinho And Shrimi Choudhary

FinMin-RBI differences come to the fore again

FinMin-RBI differences come to the fore again

Rediff.com   31 Oct 2018

The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.

Sebi plans forensic audit for some listed companies

Sebi plans forensic audit for some listed companies

Rediff.com   25 Oct 2018

Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.

Sebi to crack down on 'mule accounts'

Sebi to crack down on 'mule accounts'

Rediff.com   24 Oct 2018

The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.

Why Sebi, staffers are at loggerheads

Why Sebi, staffers are at loggerheads

Rediff.com   19 Oct 2018

Employees allege breach of transfer policy, accuses HR of non-transparency; protests to resume on October 22

Chanda Kochhar seeks more time to appear before Sebi for a personal hearing

Chanda Kochhar seeks more time to appear before Sebi for a personal hearing

Rediff.com   15 Oct 2018

Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.

Sebi probes crash in mid-caps

Sebi probes crash in mid-caps

Rediff.com   6 Oct 2018

Operator syndicate could be behind stock hammering, suspects regulator.

Mahindra scouts for foreign partner to grow MF business

Mahindra scouts for foreign partner to grow MF business

Rediff.com   27 Sep 2018

Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore

Rana Kapoor to remain Yes Bank chief till January end

Rana Kapoor to remain Yes Bank chief till January end

Rediff.com   20 Sep 2018

The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.

SEBI action against high return schemes

SEBI action against high return schemes

Rediff.com   20 Sep 2018

Delhi brokers under SEBI's glare for drawing investors through ads promising unrealistic returns.

Bad news for those planning to sell shares of Infosys

Bad news for those planning to sell shares of Infosys

Rediff.com   12 Sep 2018

After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax

Not aware of husband's dealings with Videocon, says Kochhar in 30-page reply to Sebi

Not aware of husband's dealings with Videocon, says Kochhar in 30-page reply to Sebi

Rediff.com   6 Sep 2018

The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.

Investors, know what covered calls are?

Investors, know what covered calls are?

Rediff.com   6 Sep 2018

Sebi may allow mutual funds to make use of covered calls as part of their equity strategy.

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Rediff.com   20 Aug 2018

The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.

PIOs likely to be kept out of beneficial ownership restrictions

PIOs likely to be kept out of beneficial ownership restrictions

Rediff.com   1 Aug 2018

The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms

Singapore's new norms a shot in arm for Indian offshore funds

Singapore's new norms a shot in arm for Indian offshore funds

Rediff.com   21 Jul 2018

Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.

HDFC Mutual Fund's market debut = windfall for key employees

HDFC Mutual Fund's market debut = windfall for key employees

Rediff.com   19 Jul 2018

HDFC MF has had a history of stock options and gave additional ESOPs to key staff a few months ago

Mauritius funds may now be re-routed through Singapore for investments in India

Mauritius funds may now be re-routed through Singapore for investments in India

Rediff.com   10 Jul 2018

Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius

Taxman will start looking into financials of poll candidates

Taxman will start looking into financials of poll candidates

Rediff.com   7 Jul 2018

I-T officials are also looking into the finances of candidates who contested state elections in Uttar Pradesh, Punjab, Gujarat, and Karnataka, reports Shrimi Choudhary.

How India Inc plan to curb insider trading

How India Inc plan to curb insider trading

Rediff.com   29 Jun 2018

India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Govt seeks regulator's nod to sell IDBI Bank stake to LIC

Rediff.com   23 Jun 2018

The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.