Samie Modak And M Saraswathy

Stories by Samie Modak And M Saraswathy

FM comments spark hopes of STT changes

FM comments spark hopes of STT changes

Rediff.com   12 Feb 2013

Investors expect the govt to abolish tax on delivery-based transactions in the cash segment.

Fresh financial planners foxed by Sebi rules

Fresh financial planners foxed by Sebi rules

Rediff.com   29 Jan 2013

Many fresh pass-outs of the CFP course are faced with up to a two-year delay and thousands of rupees in fees for realisation of their dream, following the notification of new regulations. Sebi notified the Investment Advisers Regulations, 2013, earlier this month.

Remedy needed for India Inc's labour unrest

Remedy needed for India Inc's labour unrest

Rediff.com   28 Jan 2013

The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.

Changing tracks for the love of insurance

Changing tracks for the love of insurance

Rediff.com   24 Jan 2013

Primarily trained for a career in FMCG, he shifted to insurance when the opportunity came his way.

Kumar M Birla to be Birla Sun Life AMC chairman

Kumar M Birla to be Birla Sun Life AMC chairman

Rediff.com   17 Jan 2013

Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.

India Inc pays directors far less than Cos Bill ceiling

India Inc pays directors far less than Cos Bill ceiling

Rediff.com   20 Dec 2012

Average salary of the 100 best-paid directors is 1% of their companies' net profit.

Life insurers take practical steps to reduce mis-selling

Life insurers take practical steps to reduce mis-selling

Rediff.com   18 Dec 2012

Puts in checks to reach customers before and after selling the policy.

Sebi unhappy with govt move on hike in LIC holding cap

Sebi unhappy with govt move on hike in LIC holding cap

Rediff.com   17 Dec 2012

Regulator fears the insurer may get away without making an open offer.

Investors lap up CARE Ratings public issue

Investors lap up CARE Ratings public issue

Rediff.com   12 Dec 2012

Garners a little over 300,000 retail applications Bharti IPO subscribed 15 per cent on Day One.

'For LIC, online sale is fast becoming a buzzword'

'For LIC, online sale is fast becoming a buzzword'

Rediff.com   7 Dec 2012

Thomas Mathew T, managing director, tells Manojit Saha and M Saraswathy about the LIC's strategy and growth plans.

India Inc springs into action to pare promoter stakes

India Inc springs into action to pare promoter stakes

Rediff.com   23 Nov 2012

Aims for share-sale before US holiday season, 'fiscal cliff' kick in

Sebi mulls exempting govt from open offer obligation

Sebi mulls exempting govt from open offer obligation

Rediff.com   20 Nov 2012

It intends to exempt the government from making the mandatory open offer to buy an additional 26 per cent from minority shareholders if its stake in a company crosses 25 per cent.

Five senior execs quit Tata AIA Life Insurance

Five senior execs quit Tata AIA Life Insurance

Rediff.com   15 Nov 2012

Tata AIA Life Insurance has 13 people at the senior vice-president level.

MCX-SX to go live after registering 350 members

MCX-SX to go live after registering 350 members

Rediff.com   3 Nov 2012

To launch technology infrastructure on Nov 18.

Rigged IPOs: Firms flout Sebi directive

Rigged IPOs: Firms flout Sebi directive

Rediff.com   2 Nov 2012

Since 11 months, Sebi has not been able to make these companies deposit the required money in an escrow account.

Safety net would have hit 25% IPOs since '08

Safety net would have hit 25% IPOs since '08

Rediff.com   24 Oct 2012

At least 43 of the 175 issuers would have been hit if proposed mechanism had been in place before the R-Power IPO.

Slew of share sales could hit the market

Slew of share sales could hit the market

Rediff.com   22 Oct 2012

Given the sharp rally in stock prices since September, coupled with robust foreign inflows, share-sale activity by companies is likely to gather pace in the next few weeks.

Sebi may issue trade annulment framework

Sebi may issue trade annulment framework

Rediff.com   12 Oct 2012

While the regulator has set up a group to look into trade annulment framework, it is also probing whether there was any breach of regulation at the broker or exchange level.

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