But contrary to conventional wisdom, the share of hedge funds in total PN investments in the Indian stock markets could be as little as 8-9 per cent.
The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.
Companies will now have to pay a charge for loans sanctioned to them but not utilised
"Our order (over share price manipulation on listing day) is only interim in nature. We are probing further and you can expect more orders in this case," said the official on condition of anonymity.
The exchange rate policy has served us very well in the last so many years and the exchange rate has been commended all around, says RBI Governor Y V Reddy.
They prefer foreign markets owing to comparatively lower margins than Indian exchanges.
The clampdown will be part of a package from the central bank to make end-use norms for external commercial borrowing (ECB) funds more stringent for various sectors.
Growing business opportunities fuelled by a robust economy and an increasing number of private equity investors are prompting investment bankers to quit their jobs and turn entrepreneurs.
The move is expected to cut into the business of rival Bombay Stock Exchange (BSE).
The National Stock Exchange is chalking out a strategy to launch a separate trading platform for small and medium companies.
A cluster of high networth investors from Ireland is looking at private equity investments of at least 200 million pounds sterling (about $ 395 million) in high-growth companies across real-estate, IT and education sectors.
Real interest rates yet to touch highs witnessed in mid-90s.
According to the soon-to-be-released rules, at the time of transaction investors have to disclose if the deal is a short sale at the time of placement of order.
Public sector undertakings Bharat Earth Movers (BEML), Rural Electrification Corporation (REC), Power Grid Corporation of India and National Hydroelectric Power Corporation (NHPC), are slated to hit the market with their IPOs.
The lure of the much-feared participatory notes, through which hedge funds now invest in the Indian stock markets, may soon wane.
The total outstanding loans are likely to touch Rs 1,10,000 crore at the end of 2006-07 this month
Hedge funds, which are proving to be a headache for stock market regulators across the world, will be the main topic of discussion at the four-day annual conference of the International Organisation of Securities Commissions.
Brokers have till Friday to submit half their shares.
On the eve of the Budget, top foreign brokerage houses Morgan Stanley and JP Morgan were advising investors to stay away from the Indian stock markets, saying the risk factors involved in Indian equities are much higher.
Share prices of some recent listings, including the scam-tainted Atlanta Ltd and Nissan Copper, have been falling over the last couple of sessions on fears of further action from the Securities and Exchange Board of India (Sebi).
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