Reena Zachariah &Amp; Anindita Dey In Mumbai

Stories by Reena Zachariah &Amp; Anindita Dey In Mumbai

DLF yet to get rights for 60% of land

DLF yet to get rights for 60% of land

Rediff.com   5 Apr 2007

In its filing dated March 29, the company has said that its ability to develop the land reserves and generate the estimated developable area are subject to a number of risks such as defective title to the lands which could be legally challenged.

Corporate bonds to trade on bourses from July 1

Corporate bonds to trade on bourses from July 1

Rediff.com   30 Mar 2007

The much-awaited trading in corporate bonds will start on the National and the Bombay Stock Exchanges from July 1. This is expected to energise the moribund debt market.

PE funds likely to be regulated

PE funds likely to be regulated

Rediff.com   27 Mar 2007

The issue has gained importance as a working group of International Organisation of Securities Commission (IOSCO) has been set up to study the impact of private equity funds on emerging markets.

5 PSU rights issues likely in September

5 PSU rights issues likely in September

Rediff.com   26 Mar 2007

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.

Shop till you drop, with EMI card

Shop till you drop, with EMI card

Rediff.com   23 Mar 2007

EMI card is a unique installment concept, wherein you have the option of paying a fixed amount every month subject to the purchase limit you enjoy.

PEs opting to exit via public offers

PEs opting to exit via public offers

Rediff.com   19 Mar 2007

Unlike last year when private equity participants exited through strategic deals with third party investors, this year PEs are opting to exit via initial public offerings route.

Enam, JP Morgan in talks for alliance

Enam, JP Morgan in talks for alliance

Rediff.com   15 Mar 2007

Vallabh Bhansali-controlled Enam Financial Consultants, one of the leading home-grown investment banks in India, is learnt to be in talks with JP Morgan for a strategic alliance.

Sebi fast-tracks money refund

Sebi fast-tracks money refund

Rediff.com   13 Mar 2007

Market regulator asks bankers to use real time gross settlement system for IPOs.

Rush to revive demat accounts

Rush to revive demat accounts

Rediff.com   13 Mar 2007

The stock market correction seems to be encouraging more and more investors to revive their demat accounts, perhaps to start buying shares, now that the prices have eased from their recent peaks.

ICRA to get SBI business post-IPO

ICRA to get SBI business post-IPO

Rediff.com   13 Mar 2007

The forthcoming public issue by rating agency ICRA Ltd will see State Bank of India diluting its stake in the company by a nominal 0.21 per cent, but the meagre divestment has larger implications on both the entities.

Capital gains tax to boost art funds

Capital gains tax to boost art funds

Rediff.com   12 Mar 2007

The Budget proposal to impose capital gains tax on transactions in works of art would qualify art as another asset class.

500 BSE brokers offer shares for sale

500 BSE brokers offer shares for sale

Rediff.com   10 Mar 2007

The response was overwhelming even though the members would have to pay a capital gains tax of 20 per cent on their stake sale.

Move to list futures on SGX

Move to list futures on SGX

Rediff.com   9 Mar 2007

The Bombay Stock Exchange (BSE) planned to list the futures trading in its benchmark index, Sensex.

Goldman Sachs plans MF debut

Goldman Sachs plans MF debut

Rediff.com   26 Feb 2007

The New-York based Goldman Sachs, one of the world's oldest and largest investment banking firms, plans to enter the buoyant mutual fund business in India.

Foreign portals with India base to be taxed

Foreign portals with India base to be taxed

Rediff.com   26 Feb 2007

This follows an Authority for Advance Ruling (AAR) decision, which directed that payments made by an Indian subscriber for using a portal of a foreign company will be subject to deduction of tax at source.

Sebi mulls pricing cap on listing day

Sebi mulls pricing cap on listing day

Rediff.com   26 Feb 2007

Price ceiling on the day a company's scrip is first listed on the cards.

GIC, Deutsche, L&T vie for Sicom holding

GIC, Deutsche, L&T vie for Sicom holding

Rediff.com   23 Feb 2007

An official close to the development said the tender invited by the SUUTI closed in the second week of this month and 12 parties submitted their expressions of interest.

BSE to lose bond platform monopoly

BSE to lose bond platform monopoly

Rediff.com   21 Feb 2007

The Bombay Stock Exchange may longer enjoy the exclusivity over the reporting platform for the corporate bond market

Taxman seeks clarity on foreign entities

Taxman seeks clarity on foreign entities

Rediff.com   15 Feb 2007

The Central Board of Direct Taxes has sought a clear definition of the term 'permanent establishment' for assessment of tax payable by foreign entities in India. Currently, the Act defines a 'permanent establishment' as a fixed place of business.

Mandatory IPO rating to be in phases

Mandatory IPO rating to be in phases

Rediff.com   13 Feb 2007

Sebi meet this weekend to also discuss physical delivery in options.