The deterioration in the market mood has directly impacted fund-raising plans of real estate developers, many of whom have either delayed their initial public offers or have decided to go slow.
Nagendar Parakh, the senior-most chief general manager of Sebi, filed a petition in the Mumbai High Court on May 3 challenging Sebi's decision of denying him a promotion as an executive director even while junior officers were being elevated.
Real estate companies appear to be the worst hit by the ongoing global uncertainties, coupled with the new norms for primary market issuances.
The European economic crisis could be an opportunity for Indian corporate houses. Leading investment bankers say assets, globally, are available at attractive valuations and the rise in domestic stock prices has added more strength to balance sheets of Indian companies.
The Securities and Exchange Board of India plans to tighten the rules for transfer of sub-accounts by foreign institutional investors.
Sunil Sanghai, the head of the investment banking team speaks on Goldman Sachs' India plans, mergers and acquisitions, and the regulatory arena.
Institutional desks of many brokerages in India are in the process of selling about Rs 2,000 crore worth of equity holding of bankrupt US investment bank Lehman Brothers Inc in some Indian companies.
The Securities and Exchange Board of India has started the process of identifying new executive directors.
Market participants say the focus of Finance Minister Pranab Mukherjee will be on fiscal deficit, more so in the wake of the recent debt crisis in some Europeon countries.
Till a few years ago, dealing rooms used to bustle with activity on the day the Union Budget was presented. Dealers and analysts had to report to work early and those who were part of the institutional desk were flooded with calls from Hong Kong and Singapore-based deep pocketed clients.
BSE officials are busy meeting market participants, especially derivatives strategists, to pitch for a product they launched around two months ago - mid-month expiry contracts.
Leading brokerages and mutual fund houses are busy churning their portfolios, with the markets coming back to life. But they are also seeing churning at the top.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances