Mehul Shah, N Sundaresha Subramanian

Stories by Mehul Shah, N Sundaresha Subramanian

IPO pipeline runs dry

IPO pipeline runs dry

Rediff.com   30 Jun 2011

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.

NSE gets Sebi nod to launch Dow Jones futures

NSE gets Sebi nod to launch Dow Jones futures

Rediff.com   29 Jun 2011

Rupee-denominated contracts will be traded from 9 am to 5 pm.

6 infra PSUs to issue tax-exempt bonds

6 infra PSUs to issue tax-exempt bonds

Rediff.com   27 Jun 2011

IRFC, NHAI, Hudco and others to hit the market in next few months.

Muthoot Finance faces RBI probe over gold bonds

Muthoot Finance faces RBI probe over gold bonds

Rediff.com   15 Jun 2011

Muthoot Finance's method of raising money through gold bonds has been questioned.

Demat likely for unlisted firms too

Demat likely for unlisted firms too

Rediff.com   13 Jun 2011

All existing instruments in e-form by September 30; move to affect 200,000 companies

Money for brokers if PSU staff buy own shares

Money for brokers if PSU staff buy own shares

Rediff.com   13 Jun 2011

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."

Speak Asia legal advisor Saraogi quits

Speak Asia legal advisor Saraogi quits

Rediff.com   31 May 2011

Barely five days after he was hired by Speak Asia as its legal adviser, Ashok Saraogi withdrew from the case last Friday.

I-bankers can't ensure IPO success

I-bankers can't ensure IPO success

Rediff.com   25 May 2011

While listing can be good, success depends on sentiment and performance.

Govt may run out of bankers for NBCC issue

Govt may run out of bankers for NBCC issue

Rediff.com   24 May 2011

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.

Leash on i-banks in PSU issues

Leash on i-banks in PSU issues

Rediff.com   23 May 2011

The new guidelines restrict bankers not just from advising private sector companies in the 'same line of business' on public issues.

Sahara co gets notice for using 3rd-party account

Sahara co gets notice for using 3rd-party account

Rediff.com   12 May 2011

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.

Brokers see sharp decline in fourth-quarter gains

Brokers see sharp decline in fourth-quarter gains

Rediff.com   3 May 2011

Profits of domestic brokerages fell substantially in the quarter ended March 31, thanks to subdued participation of retail investors and continued increase in the share of the low-margin options segment in the overall market volume.

MFs prefer commodities, foreign equities

MFs prefer commodities, foreign equities

Rediff.com   29 Apr 2011

Depressed equity performance, Sebi copycat rules, lack of new ideas combine to impel funds to look elsewhere.

Angel Broking looks to buy Sharekhan

Angel Broking looks to buy Sharekhan

Rediff.com   14 Apr 2011

If the deal materialises, Angel will have to pay at least Rs 800-1,000 crore (Rs 8-10 billion) for a 51 per cent stake, valuing the brokerage at Rs 1,500-2,000 crore (Rs 15-20 billion). The talks are at an early stage.

India gains as FIIs divert funds

India gains as FIIs divert funds

Rediff.com   11 Apr 2011

With global investors shifting focus from developed to emerging markets in the last few days, India has emerged as a major beneficiary.

Global ETF attraction reaches India

Global ETF attraction reaches India

Rediff.com   30 Mar 2011

An ETF is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities or bonds.

Bagchi obvious choice for I-Sec

Bagchi obvious choice for I-Sec

Rediff.com   17 Feb 2011

During his tenure with the group, Bagchi has held several key positions in retail banking, corporate banking and treasury.

Inflation, Egypt to hurt indices

Inflation, Egypt to hurt indices

Rediff.com   7 Feb 2011

Inflation and political unrest in Egypt will haunt shares in the near term

Smart order routing takes off on bourses

Smart order routing takes off on bourses

Rediff.com   24 Jan 2011

Smart order routing (SOR) has finally taken off in India, with the country's two premier bourses resolving their long-standing dispute over the audit trail of orders. SOR allows brokers' trading engines to automatically choose the best price for stocks from multiple exchanges.

LIC halts stock deals for more transparency

LIC halts stock deals for more transparency

Rediff.com   18 Jan 2011

To make its stock market investments transparent and avoid further controversy, Life Insurance Corporation (LIC) has discontinued deals that were first negotiated over the telephone and then executed on the stock exchange platform, according to brokers familiar with the matter.