Palak Shah

Stories by Palak Shah

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.

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.

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.

BSE turnaround requires patience: CEO

BSE turnaround requires patience: CEO

Rediff.com   13 May 2011

You cannot project BSE as a standalone trading platform, says Madhu Kannan.

NSE defers decision to induct brokers on board

NSE defers decision to induct brokers on board

Rediff.com   11 May 2011

Despite changes in rules, the exchange is not in a hurry

Sebi wants IPOs priced realistically

Sebi wants IPOs priced realistically

Rediff.com   28 Apr 2011

Financial year 2010-2011 saw high wealth erosion for investors in the IPO market.

NSE to allow order flow from its co-location

NSE to allow order flow from its co-location

Rediff.com   26 Apr 2011

BSE's business was hurt as NSE blocked the flow of orders generated using its co-location facility to other exchanges, purportedly on security-related issues. The dispute between both the exchanges had reached Sebi and the finance ministry.

AG asks I-T not to delay tax appeals

AG asks I-T not to delay tax appeals

Rediff.com   7 Apr 2011

CBDT on Thursday put out a special and detailed 10-point mannual, which includes several annexures to ensure a speedy disposal of litigations.

15 FIIs get Rs 2,000-cr tax call

15 FIIs get Rs 2,000-cr tax call

Rediff.com   7 Apr 2011

The claim relates to assessment year 2008-2009.

Price rigging scare for small IPOs

Price rigging scare for small IPOs

Rediff.com   15 Mar 2011

Huge volatility in share prices after listing gains causes concern.

Manipulation cloud on small IPOs

Manipulation cloud on small IPOs

Rediff.com   15 Feb 2011

After the massive price volatility in Shekhawati Poly-Yarn, listed in January, the counter of Omkar Speciality witnessed wild price movements within a couple of days of listing.

Jalan panel wants sweeping changes

Jalan panel wants sweeping changes

Rediff.com   24 Nov 2010

The committee was appointed by market regulator Sebi in December 2009 to review the ownership and working of capital market infrastructure institutions.

Sebi asks BSE to explain trading halt

Sebi asks BSE to explain trading halt

Rediff.com   2 Nov 2010

A problem in the software, which was unable to send trade confirmation to the members, compelled BSE to shut trading from 12 pm to 2.30 pm.

Brokers rent demat accounts

Brokers rent demat accounts

Rediff.com   16 Oct 2010

In the run-up to the Coal India initial public offering (IPO), brokers are offering Rs 500-700 to 'rent' the demat accounts of retail investors not subscribing to the issue. The rent is for the duration of the issue, which opens on Monday and closes four days later.

Sharp rise in ADAG stocks baffles Street

Sharp rise in ADAG stocks baffles Street

Rediff.com   6 Oct 2010

A sharp rise in Reliance-Anil Dhirubhai Ambani Group (ADAG) stock prices baffled market players on Tuesday.

Grey market bets big on Coal India issue

Grey market bets big on Coal India issue

Rediff.com   5 Oct 2010

India's largest initial public offering (IPO), to be floated by Coal India Ltd, is generating enormous interest in the grey market. Investment bankers and stockbrokers that control this unregulated market are already trading CIL shares at a Rs 10-12 premium - even before the price band or issue date have been officially announced.

Sensex goes live in Europe

Sensex goes live in Europe

Rediff.com   4 Oct 2010

In Europe, the Sensex will be traded on the Eurex, the region's derivative leader, controlled by German operator Deutsche Brse and SIX Swiss Exchange AG.

'Sensex likely to hit 21,000 by Diwali'

'Sensex likely to hit 21,000 by Diwali'

Rediff.com   24 Sep 2010

Ramesh Damani, stock broker, Bombay Stock Exchange, is known for prudent stock-picking. Though he prefers to be cautious while talking on individual stocks due to regulatory issues, in an interview with Business Standard, he drops a few hints about the current rally and the sectors he is betting on.

Industry wants holding cap in exchanges raised

Industry wants holding cap in exchanges raised

Rediff.com   11 Aug 2010

At present, investors who can buy up to 15 per cent in a stock exchange include domestic banks and financial institutions, clearing corporations, depositories and stock exchanges.