Lapped up 157 mn shares worth Rs 4,000 crore between Jan 1 and Feb 8
The exchange granted 1.96 million stock options under two employee stock option (Esop) schemes in 2006 and 2008 to those eligible, according to regulatory filings.
Finance Ministry meets market participants, wants feedback.
According to back of envelope calculations, the value of shares released in the past two weeks worked out to be Rs 262 crore (Rs 2.62 billion).
After a disastrous 2011, stock market investors are pinning hopes on next year. Top sell-side analysts believe though there is more pain ahead, 2012 is likely to end on a positive note.
If the new Companies Bill becomes law, 10 of the 30 Sensex companies will have to look for new auditors.
The finance ministry has directed the Central Board of Direct Taxes to put in place a framework for an Advance Pricing Agreement mechanism, two officials familiar with the development said.
Its first and only investment in India out of its Asia-dedicated fund has gone bad.
A Rs 40,000-crore (Rs 400-billion) shortfall in the Budget for 2011-12 is looming large and the market doesn't appear stable enough to absorb even a fraction of it.
Products structured on real estate and promising over 20 per cent annual returns are gaining popularity among wealthy investors.
It may not be a war cry yet, but the voice is definitely getting shriller.
Regulation 3 (3) of the new law, which deals with open offer obligations of persons acting in concert, has increased the liabilities of promoter group shareholders beyond what was conceived by the Achuthan committee, according to three experts, including two who were part of the committee.
The move was not good for companies which have capital expenditure plans laid out.
The Ministry of Corporate Affairs (MCA) told a litigation court that both entities were bound by Sebi regulations, as the money raising by the erstwhile Sahara India Real Estate Corp (SIRECL) and Sahara Housing Invest Corp Ltd (SHICL) would come under the definition of public issue.
The National Stock Exchange, Bombay Stock Exchange, MCX Stock Exchange and United Stock Exchange have been invited for the August 6 meet.
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."