N Sundaresha Subramanian, Palak Shah

Stories by N Sundaresha Subramanian, Palak Shah

Rich investors seek high realty returns

Rich investors seek high realty returns

Rediff.com   20 Oct 2011

Products structured on real estate and promising over 20 per cent annual returns are gaining popularity among wealthy investors.

Maruti shareholder activism grows from baby steps

Maruti shareholder activism grows from baby steps

Rediff.com   17 Oct 2011

It may not be a war cry yet, but the voice is definitely getting shriller.

New takeover code cramps leg room for promoters

New takeover code cramps leg room for promoters

Rediff.com   3 Oct 2011

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.

Buyback should be avoided, say market participants

Buyback should be avoided, say market participants

Rediff.com   29 Sep 2011

The move was not good for companies which have capital expenditure plans laid out.

Govt backs Sebi on OFCD, Sahara may file rejoinder

Govt backs Sebi on OFCD, Sahara may file rejoinder

Rediff.com   5 Sep 2011

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.

VIP's 4 years of share disclosure error

VIP's 4 years of share disclosure error

Rediff.com   30 Aug 2011

Promoters say they mistakenly under-reported their stake at 7% lower than what it actually was.

Hasten court proceedings, says CBDT chairman

Hasten court proceedings, says CBDT chairman

Rediff.com   28 Jul 2011

Chairman of the Central Board of Direct Taxes (CBDT), Prakash Chandra, has asked the income tax (I-T) department to hasten court and tribunal proceedings to meet tax collection targets in the coming quarters.

Finance ministry to meet officials of all bourses

Finance ministry to meet officials of all bourses

Rediff.com   27 Jul 2011

The National Stock Exchange, Bombay Stock Exchange, MCX Stock Exchange and United Stock Exchange have been invited for the August 6 meet.

Reports trigger fall in Reliance, RCom shares

Reports trigger fall in Reliance, RCom shares

Rediff.com   22 Jul 2011

Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.

Reports trigger fall in Reliance, RCom shares

Reports trigger fall in Reliance, RCom shares

Rediff.com   22 Jul 2011

Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.

Battle for new UTI AMC's chief hots up

Battle for new UTI AMC's chief hots up

Rediff.com   6 Jul 2011

NSE's Ramakrishna and ING Vysya Bank's Bhandari front runners for the post.

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.

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.

IPOs seems to have taken a hit

IPOs seems to have taken a hit

Rediff.com   15 Jun 2011

The dull overall scenario in the stock market seems to have hit the initial public offers (IPOs). In a first this year, there are no IPOs lined up for this month.

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."

Rupee trading rises 16 times in Dubai

Rupee trading rises 16 times in Dubai

Rediff.com   9 Jun 2011

Last month saw DGCX record the highest volumes, as trades in futures contracts across the bourse crossed one million contracts.

Shanti Bhushan to move SC on I-T deduction

Shanti Bhushan to move SC on I-T deduction

Rediff.com   2 Jun 2011

Bhushan's claim is based on the grounds that the heart is a plant and the expenditure has been incurred on current repairs.

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.