The move comes amid expectations that the government would allow foreign airlines to invest directly in Indian carriers.
Advisory firm Institutional Investors Advisory Services (IIAS) has advised investors to vote against a resolution seeking the reappointment of the statutory auditor of technology major Infosys.
Several PE managers now prefer Sanskrit names for their funds over typical foreign names
Staff submissions show clients may have disowned initially authorised transactions after losses.
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.
Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital.
Writes to coal secretary; may move court today as it finds directors' response inadequate.
Much is riding on the role of market intermediaries to get this platform going
Much is riding on the role of market intermediaries to get this platform going
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.
The poster boys of Indian private equity are getting a reality check. If last year many of them branched out independently with their entrepreneurial PE shops, many are scaling down or biting the dust a year down the line.
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).
Automotive designer Dilip Chhabria is planning to raise about Rs 100 crore to fund a new super-luxury car project for DC Design that he promotes, banking sources said on Tuesday.
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.
PE firm goes in for image makeover, appoints advisory group.
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.
Indian pharmaceutical companies, which always wanted a big share in the global copycat drug market, are betting high on the oral contraceptive (OC) market in America.
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