The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
'We have to find a way out of this confrontational politics.'
The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.
Interception of electronic communication should also be covered in the powers being sought, the report said.
Companies that have a net worth of at least Rs 500 crore, a turnover of Rs 1,000 crore or a net profit of Rs 5 crore are required to spend 2 per cent of their net profits on corporate social responsibility programmes.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule
'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Vikram Kothari's Rotomac stares at a loan default of Rs 369 crore
Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
As the 2019 election draws near, investors focus on long-dated options.
This was the companies' highest loss in two years.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
Have you heard of the 'chillow' that can cool your pillow? Or the 'bedroom plant'?
From liquidity, monetary policy operations to financial inclusion, know about RBI monetary policy
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
After the historic win of Bhartiya Janta Partyin Uttar Pradesh elections on Saturday, the talk about the face of chief minister candidate is the next question.