Rajesh Bhayani, Joydeep Ghosh And Samie Modak

Stories by Rajesh Bhayani, Joydeep Ghosh And Samie Modak

Promoters face a rough pitch

Promoters face a rough pitch

Rediff.com   20 Jan 2009

The committee said that promoters will have to make mandatory disclosures when they raise finances by pledging their shares. This is because lenders ask promoters to pay additional margins when the value of the shares pledged as collateral falls.

Banks, internal auditor under Sebi scanner

Banks, internal auditor under Sebi scanner

Rediff.com   16 Jan 2009

Sebi has launched a coordinated investigation with the Registrar of Companies to examine transactions between Satyam and its bankers BNP Paribas, Citibank, HSBC, HDFC and ICICI Bank

Cos face pledged share disclosure

Cos face pledged share disclosure

Rediff.com   12 Jan 2009

Satyam fiasco may prompt market regulator to be stricter with promoters.

Hiranandani's problems mount as merger plan fails

Hiranandani's problems mount as merger plan fails

Rediff.com   5 Jan 2009

Valuations of projects dated, says valuer. Also, angry shareholders could come together to oppose the proposed reverse merger.

India Inc's big guns in race for Satyam stake

India Inc's big guns in race for Satyam stake

Rediff.com   2 Jan 2009

ADAG, Mahindra BT, L&T Infotech may team up with PEs.

'PEs that survive the next 18 months will win'

'PEs that survive the next 18 months will win'

Rediff.com   30 Dec 2008

President & CEO of IDFC Private Equity Group, Luis Miranda, spoke on various issues relating to private equity in an exclusive interview with Rajesh Bhayani.

Loan rangers should hold their horses

Loan rangers should hold their horses

Rediff.com   30 Dec 2008

While the fall in rates is certainly a good signal, is it a great idea to take a loan to purchase a home or car? Most experts felt that this may not be the right time to do so.

MFs, life insurers eye pension business

MFs, life insurers eye pension business

Rediff.com   27 Dec 2008

Most mutual fund players and life insurance companies are planning to bid for appointment as pension fund managers for all citizens after the Pension Fund Regulatory and Development Authority (PFRDA) today decided to seek expression of interest from prospective fund managers.

Banks begin to revalue properties as prices fall

Banks begin to revalue properties as prices fall

Rediff.com   27 Dec 2008

With a sharp dip in property prices, leading banks, including State Bank of India, are reassessing the value of properties against which loans have been granted.Sources familiar with the developments said that banks are worried that the recent fall could impact their risk valuation, if asset prices continue to fall.Banks are now worried that if rates fall further buyers may lose interest in the property, especially if they are not living in it.

Equity funds still the best

Equity funds still the best

Rediff.com   23 Dec 2008

Data from Value Research, a Delhi-based fund tracking firm, show that the category average returns from equity-diversified funds have been 14.5 per cent a year over this period. Banking funds, which invest in banking and other financial sector companies, have given returns of 23.66 per cent.

Equity funds still the best

Equity funds still the best

Rediff.com   23 Dec 2008

The category average returns from equity-diversified funds has been 14.5 per cent a year over this period. Banking funds, which invest in banking and other financial sector companies, have given returns of 23.66 per cent. Other categories that have done well are fast moving consumer goods, tax planning and hybrid (equity-oriented) funds.

MF investors may have to pay commission

MF investors may have to pay commission

Rediff.com   15 Dec 2008

Mutual fund investors may soon have to give separate cheques to distributors as commission.

Sebi may tighten mutual funds norms

Sebi may tighten mutual funds norms

Rediff.com   1 Dec 2008

May bar premature withdrawals from fixed maturity plans.

Debt fund norms to be overhauled

Debt fund norms to be overhauled

Rediff.com   24 Nov 2008

The proposal to scrap 'indicative portfolios' has arisen because investors have sometimes found deviations of as much as 80 per cent between the indicative and actual portfolios. In some cases, the entire corpus has been invested in a single instrument. Sebi will also consider Amfi's suggestion of a 3 to 6 per cent exit load for FMPs, a minimum tenure of three months and a faster processing of redemption payouts,

S&P may bring in products based on global indices

S&P may bring in products based on global indices

Rediff.com   22 Nov 2008

These choices are going to be made available to Indian fund houses by S&P's index services division through India Index Services. ETF is a passive fund wherein investments are made in index companies as per their individual weightage. In times of uncertainty, betting on indices rather than individual companies helps. Index-based products thus become popular.

Red tape may be cut for FIIs

Red tape may be cut for FIIs

Rediff.com   17 Nov 2008

Sebi likely to come out with a policy paper soon.

Sebi survey to probe investor apathy

Sebi survey to probe investor apathy

Rediff.com   17 Nov 2008

The Securities & Exchange Board of India has decided to conduct a survey to find out why investors are staying away from the securities market. This is the first time that the market regulator is planning such a survey of investors.

FMPs: Upset with mutual funds, investors shy away

FMPs: Upset with mutual funds, investors shy away

Rediff.com   4 Nov 2008

Though the fund houses have garnered over Rs 1,500 billion from investors, only 8-10 would declare their monthly FMP portfolios till a few months ago. Instead, they gave 'indicative portfolios' and 'indicative returns' to the potential investor. This month, all fund houses declared the portfolios of their schemes because of the half-yearly results. And, to the horror of many investors, the real portfolios were 80-90 per cent different from the 'indicative portfolios.'

Realtors double broker commission

Realtors double broker commission

Rediff.com   29 Oct 2008

In upmarket areas like Bandra and Khar, the going brokerage is as high as 4 per cent

Sebi says 'options open' on short sale ban

Sebi says 'options open' on short sale ban

Rediff.com   20 Oct 2008

In a key change in its stance, the Securities and Exchange Board of India said it is keeping its options open on banning short sales, which a section of brokers believes are responsible for the collapsing stock market. The benchmark Bombay Stock Exchange Sensex fell below 10,000 Friday, the first time since July 2006.