N Sundaresha Subramanian, Palak Shah

Stories by N Sundaresha Subramanian, Palak Shah

Punters bet big on Pranab Mukherjee as President

Punters bet big on Pranab Mukherjee as President

Rediff.com   15 Jun 2012

"We in the satta bazaar trust Sonia Gandhi's manoeuvring skills. Now that it has become a major ego issue for the UPA, Mamata will be isolated. UPA may manage to get Mukherjee elected as President with the help of Mayawati and other smaller parties," said a bookie from Delhi

Advisory company vote against reappointment of Infy auditor

Advisory company vote against reappointment of Infy auditor

Rediff.com   11 Jun 2012

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.

Wealthy clients turned tables on UBS and staff?

Wealthy clients turned tables on UBS and staff?

Rediff.com   31 May 2012

Staff submissions show clients may have disowned initially authorised transactions after losses.

FIIs bet heavily in Indian market, but in Singapore

FIIs bet heavily in Indian market, but in Singapore

Rediff.com   28 May 2012

The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India's key equity index, the Nifty, are listed.

Fears around P-notes return to dampen D-Street mood

Fears around P-notes return to dampen D-Street mood

Rediff.com   27 Mar 2012

Stock indices slip on fears that income tax department will go after offshore derivatives

Change Coal India's management, govt urged

Change Coal India's management, govt urged

Rediff.com   26 Mar 2012

Writes to coal secretary; may move court today as it finds directors' response inadequate.

E-courts to hear tax cases via webcast

E-courts to hear tax cases via webcast

Rediff.com   14 Mar 2012

The ITAT is mulling e-courts, or simply hearing of cases through webcast, to clear the backlog of cases in smaller towns.

Why the SME exchange needs a big hand

Why the SME exchange needs a big hand

Rediff.com   12 Mar 2012

Much is riding on the role of market intermediaries to get this platform going

Why the SME exchange needs a big hand

Why the SME exchange needs a big hand

Rediff.com   12 Mar 2012

Much is riding on the role of market intermediaries to get this platform going

LIC stocked up on ONGC before govt stake auction

LIC stocked up on ONGC before govt stake auction

Rediff.com   6 Mar 2012

Lapped up 157 mn shares worth Rs 4,000 crore between Jan 1 and Feb 8

MCX IPO to make staff millionaires

MCX IPO to make staff millionaires

Rediff.com   17 Feb 2012

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.

Govt mulls easing tax structure for foreign investors

Govt mulls easing tax structure for foreign investors

Rediff.com   15 Feb 2012

Finance Ministry meets market participants, wants feedback.

MCX initial offer set to hit market by next month

MCX initial offer set to hit market by next month

Rediff.com   19 Jan 2012

After a long lull, India's equity primary market is set to witness some activity. The Multi Commodity Exchange of India (MCX) is set to hit the market with its initial public offer (IPO) in February. The investment banking circles are already buzzing with talks about valuation. Experts say, if priced well the issue could pump life into the moribund IPO market.

Network18 promoters release pledged shares

Network18 promoters release pledged shares

Rediff.com   5 Jan 2012

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).

Brokers see pain before gain next year

Brokers see pain before gain next year

Rediff.com   27 Dec 2011

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.

Rupee fall keeps FIIs at bay

Rupee fall keeps FIIs at bay

Rediff.com   16 Dec 2011

It is a Catch-22 situation for foreign institutional investors (FIIs) playing Indian markets. Even while stock markets are trading at attractive valuations, a sharper-than-expected slide in the rupee against the US dollar is keeping them away, say analysts.

Auditor hunt ahead for large firms

Auditor hunt ahead for large firms

Rediff.com   16 Dec 2011

If the new Companies Bill becomes law, 10 of the 30 Sensex companies will have to look for new auditors.

Ministry steps in to reduce transfer pricing disputes

Ministry steps in to reduce transfer pricing disputes

Rediff.com   5 Dec 2011

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.

Morgan Stanley PE faces Rs 200-cr loss

Morgan Stanley PE faces Rs 200-cr loss

Rediff.com   17 Nov 2011

Its first and only investment in India out of its Asia-dedicated fund has gone bad.

Plan 'A' alive and kicking

Plan 'A' alive and kicking

Rediff.com   25 Oct 2011

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.