Samie Modak &Amp; Palak Shah

Stories by Samie Modak &Amp; Palak Shah

Recession eroded $12 trillion of household wealth

Recession eroded $12 trillion of household wealth

Rediff.com   10 Oct 2012

Worst affected were the countries of euro zone, which saw a loss of $10.9 trn

Market sees sunshine as GAAR clouds disappear

Market sees sunshine as GAAR clouds disappear

Rediff.com   3 Sep 2012

The government is trying to send a signal it wants to stimulate the economy and the stock market.

Sebi may tweak share sale norms

Sebi may tweak share sale norms

Rediff.com   26 Jun 2012

Regulator may relax norms to help companies achieve 25% public float.

Punters bet big on Pranab Mukherjee as President

Punters bet big on Pranab Mukherjee as President

Rediff.com   15 Jun 2012

"We in the satta bazaar trust Sonia Gandhi's manoeuvring skills. Now that it has become a major ego issue for the UPA, Mamata will be isolated. UPA may manage to get Mukherjee elected as President with the help of Mayawati and other smaller parties," said a bookie from Delhi

FIIs bet heavily in Indian market, but in Singapore

FIIs bet heavily in Indian market, but in Singapore

Rediff.com   28 May 2012

The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India's key equity index, the Nifty, are listed.

Most initial public offerings out of the money this year

Most initial public offerings out of the money this year

Rediff.com   10 May 2012

With shares of most companies listed this year slipping below their issue prices and two initial public offerings (IPOs) already withdrawn, the scenario has remained challenging for the primary market.

Fears around P-notes return to dampen D-Street mood

Fears around P-notes return to dampen D-Street mood

Rediff.com   27 Mar 2012

Stock indices slip on fears that income tax department will go after offshore derivatives

E-courts to hear tax cases via webcast

E-courts to hear tax cases via webcast

Rediff.com   14 Mar 2012

The ITAT is mulling e-courts, or simply hearing of cases through webcast, to clear the backlog of cases in smaller towns.

MCX IPO to make staff millionaires

MCX IPO to make staff millionaires

Rediff.com   17 Feb 2012

The exchange granted 1.96 million stock options under two employee stock option (Esop) schemes in 2006 and 2008 to those eligible, according to regulatory filings.

'2012 should be a good year for high-beta stocks'

'2012 should be a good year for high-beta stocks'

Rediff.com   31 Jan 2012

A more proactive government and some level of fiscal discipline are needed to sustain the current rally, says Suresh Mahadevan, managing director and head of equities, UBS Securities (India).

Sebi norms may stump foreign airlines

Sebi norms may stump foreign airlines

Rediff.com   19 Jan 2012

According to the new takeover guidelines, if they buy 25 per cent or more, they will have to make an open offer for another 26 per cent.

MCX initial offer set to hit market by next month

MCX initial offer set to hit market by next month

Rediff.com   19 Jan 2012

After a long lull, India's equity primary market is set to witness some activity. The Multi Commodity Exchange of India (MCX) is set to hit the market with its initial public offer (IPO) in February. The investment banking circles are already buzzing with talks about valuation. Experts say, if priced well the issue could pump life into the moribund IPO market.

Sebi may ask merchant bankers to monitor end-use of IPO money

Sebi may ask merchant bankers to monitor end-use of IPO money

Rediff.com   17 Jan 2012

Investment bankers generally laugh all the way to the bank once shares get listed on the bourses, but they may have to hang around a bit longer. The Securities and Exchange Board of India (Sebi) is planning to make the bankers managing an issue responsible for the end-use of issue proceeds.

Rupee fall keeps FIIs at bay

Rupee fall keeps FIIs at bay

Rediff.com   16 Dec 2011

It is a Catch-22 situation for foreign institutional investors (FIIs) playing Indian markets. Even while stock markets are trading at attractive valuations, a sharper-than-expected slide in the rupee against the US dollar is keeping them away, say analysts.

VIP's 4 years of share disclosure error

VIP's 4 years of share disclosure error

Rediff.com   30 Aug 2011

Promoters say they mistakenly under-reported their stake at 7% lower than what it actually was.

Hasten court proceedings, says CBDT chairman

Hasten court proceedings, says CBDT chairman

Rediff.com   28 Jul 2011

Chairman of the Central Board of Direct Taxes (CBDT), Prakash Chandra, has asked the income tax (I-T) department to hasten court and tribunal proceedings to meet tax collection targets in the coming quarters.

Reports trigger fall in Reliance, RCom shares

Reports trigger fall in Reliance, RCom shares

Rediff.com   22 Jul 2011

Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.

Reports trigger fall in Reliance, RCom shares

Reports trigger fall in Reliance, RCom shares

Rediff.com   22 Jul 2011

Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.

Battle for new UTI AMC's chief hots up

Battle for new UTI AMC's chief hots up

Rediff.com   6 Jul 2011

NSE's Ramakrishna and ING Vysya Bank's Bhandari front runners for the post.

IPOs seems to have taken a hit

IPOs seems to have taken a hit

Rediff.com   15 Jun 2011

The dull overall scenario in the stock market seems to have hit the initial public offers (IPOs). In a first this year, there are no IPOs lined up for this month.