Reena Zachariah &Amp; Sidhartha In Mumbai

Stories by Reena Zachariah &Amp; Sidhartha In Mumbai

Small firms may get their own bourse

Small firms may get their own bourse

Rediff.com   4 Oct 2007

The NSE, along with financial institutions like IL&FS and IDBI, has proposed to set up a special exchange.

Sebi may cut MF fee structure

Sebi may cut MF fee structure

Rediff.com   3 Oct 2007

The Securities and Exchange Board of India (Sebi) is looking at reducing the fees of all mutual fund schemes - equity funds (open- and close-ended), debt funds, index funds and even funds of funds (or FoFs, mutual funds that invest in mutual funds).

Interview with Sebi chief M Damodaran

Interview with Sebi chief M Damodaran

Rediff.com   14 Sep 2007

An interview with Sebi chief M Damodaran.

Vedanta's open offer for Sesa Goa gets nod

Vedanta's open offer for Sesa Goa gets nod

Rediff.com   29 Aug 2007

The Securities and Exchange Board of India on Tuesday approved the open offer of Vedanta Resources for Sesa Goa.

Allianz plans MF biz in India

Allianz plans MF biz in India

Rediff.com   13 Aug 2007

The Allianz Group, the German financial services powerhouse, is planning to foray into the booming asset management business in India.

PEs will have to reveal more

PEs will have to reveal more

Rediff.com   8 Aug 2007

Sebi to make quarterly disclosure a must.

RBI gets tough on capital adequacy of banks

RBI gets tough on capital adequacy of banks

Rediff.com   3 Aug 2007

The Reserve Bank of India has issued a fresh directive to banks having less than the required capital to address ownership issues and take steps to increase their net worth to a minimum of Rs 300 crore (Rs 3 billion).

India beats China, Taiwan in ADR stakes

India beats China, Taiwan in ADR stakes

Rediff.com   3 Aug 2007

India topped the global chart for total amount raised through American depository receipts (ADRs) this year (January-July), beating China and Taiwan.

Choksey sells StanChart AMC stake for Rs 129 cr

Choksey sells StanChart AMC stake for Rs 129 cr

Rediff.com   25 Jul 2007

Atul Choksey, the former co-promoter of Asian Paints, has exited from Standard Chartered Mutual Fund.

Management buyouts gain momentum

Management buyouts gain momentum

Rediff.com   24 Jul 2007

Private equity players in India, triggered by consolidation of domestic businesses, cross-border M&As (merger and acquisitions) and split in family-owned companies, are going for big buyouts, mostly, management buyouts.

India sixth in global IPO list

India sixth in global IPO list

Rediff.com   13 Jul 2007

India's successful mega share offerings are creating waves globally.

Australian firm in fray for HDFC's Chubb stake

Australian firm in fray for HDFC's Chubb stake

Rediff.com   9 Jul 2007

Australia-based Insurance Australia Group is in advanced talks to buy a 26 per cent stake in HDFC Chubb General Insurance, following the buyout of Chubb's stake by HDFC.

Odds rise for small bourses as deadline looms

Odds rise for small bourses as deadline looms

Rediff.com   22 Jun 2007

With pressure mounting on 18 regional exchanges to demutualise, some bourses have decided to shut shop, while others are going in for demutualisation - leading to an eventual consolidation.

Warburg bids for 50% ICICI shares on offer

Warburg bids for 50% ICICI shares on offer

Rediff.com   21 Jun 2007

Warburg Pincus, a US-based private equity firm, has put in the highest bid worth Rs 5,000 crore (Rs 50 billion) for ICICI Bank shares.

Rahejas, Star to sell 15% in Hathway to ChrysCapit

Rahejas, Star to sell 15% in Hathway to ChrysCapit

Rediff.com   24 May 2007

The Rahejas and Star TV are together selling 15 per cent in cable network operator Hathway Cable to private equity firm ChrysCapital.

Indian M&A advisors lose out to global peers

Indian M&A advisors lose out to global peers

Rediff.com   22 May 2007

According to a Thomson Financial research, no Indian investment bank figures in the top ten list of the M&A deals that was struck this year, which was topped by UBS.

StanChart-UTI deal on Monday

StanChart-UTI deal on Monday

Rediff.com   12 May 2007

UK-headquartered Standard Chartered Bank is set to become the third foreign player to enter the Indian retail stock brokerage business by buying a 49 per cent stake in UTI Securities for Rs 140-150 crore.

Race begins to set up exchanges

Race begins to set up exchanges

Rediff.com   11 May 2007

The stage is all set for a battle among stock exchanges for setting up separate exchanges for small and medium enterprises as they top bourses.

Citi, 3 others lead race for Sharekhan stake

Citi, 3 others lead race for Sharekhan stake

Rediff.com   11 May 2007

Citigroup's private equity arm Citigroup Venture Capital International, Baring Private Equity, TPG and 3i are the front-runners to acquire an equity stake in Sharekhan, the retail brokerage arm of the Mumbai-based SSKI group.

BSE plans to launch platform for SMEs

BSE plans to launch platform for SMEs

Rediff.com   7 May 2007

The Bombay Stock Exchange, Asia's oldest stock exchange, plans to launch a separate trading platform for small and medium enterprises. Sources close to the development said the BSE was preparing a strategy for an SME exchange.