Since 11 months, Sebi has not been able to make these companies deposit the required money in an escrow account.
Bharti Infratel is a provider of telecom towers and related infrastructure and on a consolidated basis, is one of the largest in India, "based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel's 42 per cent equity interest in Indus," according to the offer document.
Sebi Chairman U K Sinha has been demanding tools such as access to phone records from the government
The government of Mauritius is likely to issue a new format for the tax residency certificate (TRC) for foreign institutional investors (FIIs), incorporating additional particulars required by the Indian government.
Earlier, the regulator only mandated disclosures and issued observations. It was on an investor to read the disclosures carefully and take an informed decision.
What stops you from writing a cheque for Rs 7.94 crore, if you are sure the payee won't present it for payment? Nothing, really, not even the fact that your bank account has a balance of Rs 1 lakh or less. It is this confidence that seemed to have helped the Robert Vadra-promoted Sky Light Hospitality to write one or more cheques amounting to Rs 7.94 crore and account that as "book overdraft" in its balance sheet for the year ended March 31, 2008.
Several other little known entities, realty players involved in transactions with his four firms.
The minister added that the exchanges should not be discouraged by the failure of past attempts at launching such a dedicated platform for small exchanges.
IDBI Bank's recent overseas money raising experience points to renewed interest in India.
Advertisers are tuning in to crime serials -- the new weekend chart toppers
UTI, HDFC, Reliance MF and SBI MF already source 17-25% of funds from small towns.
Regulator could consider additional avenues for promoter stake dilution.
The film expected to be the widest release of 2012, across 3,000 screens worldwide.
Sony Pictures India will be splashing The Amazing Spider-Man across 1,000-plus screens, making it the widest release for any Hollywood movie.
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.
Staff submissions show clients may have disowned initially authorised transactions after losses.
The show is set to be telecast from May 5.
Anil Ambani-promoted multiplex chain may sell stake to the Mexico-headquartered global giant
DB Corp, which publishes the country's second most widely read paper Dainik Bhaskar, has been gradually reducing its stake in DNA and wants to focus on the growth in regional markets.
Murdoch may re-enter space after non-compete period lapses, ABP to control three news channels of MCCS
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