Shrimi Choudhary, Samie Modak &Amp; Pavan Burugula

Stories by Shrimi Choudhary, Samie Modak &Amp; Pavan Burugula

Regulating unlisted firms: More teeth for Sebi, but...

Regulating unlisted firms: More teeth for Sebi, but...

Rediff.com   27 Nov 2017

Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.

India's largest telecom firm will soon be born!

India's largest telecom firm will soon be born!

Rediff.com   22 Nov 2017

The onus of the tax dues of Rs 22,100 crore on Vodafone India's British parent could also fall on the merged entity.

If you are an honest taxpayer, I-T will reward you

If you are an honest taxpayer, I-T will reward you

Rediff.com   17 Nov 2017

The reward could vary between 1% and 5% of the total tax paid.

Surat tops list of maximum number of shell firms in India

Surat tops list of maximum number of shell firms in India

Rediff.com   16 Nov 2017

2,138 firms deposited unaccounted Rs 5,000 cr in zero-balance accounts during the note ban

India's household wealth touches $5 trillion; M-cap rises 30%

India's household wealth touches $5 trillion; M-cap rises 30%

Rediff.com   15 Nov 2017

India's wealth grew by $451 billion, the eighth largest wealth gain globally.

Extend trading hours, brokers tell govt

Extend trading hours, brokers tell govt

Rediff.com   12 Nov 2017

Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...

DeMo@1: I-T to probe 80K people for cash deposit of over Rs 10 lakh each

DeMo@1: I-T to probe 80K people for cash deposit of over Rs 10 lakh each

Rediff.com   8 Nov 2017

This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits

HDFC Bank will soon be among the world's top 10 lenders

HDFC Bank will soon be among the world's top 10 lenders

Rediff.com   6 Nov 2017

Valued at $71.2 billion, the bank's market capitalisation is more than that of global banks like Barclays, JP Morgan Chase and Credit Suisse.

Bankers' fees for IPOs lowest in seven years

Bankers' fees for IPOs lowest in seven years

Rediff.com   1 Nov 2017

In the first nine months of 2017, investment banks pocketed Rs 500 crore for helping companies raise Rs 30,853 crore through IPOs.

Aadhaar-demat account linking: FPIs grappling with Sebi diktat

Aadhaar-demat account linking: FPIs grappling with Sebi diktat

Rediff.com   31 Oct 2017

Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31

Why fund managers are not happy with Sebi

Why fund managers are not happy with Sebi

Rediff.com   29 Oct 2017

The stock market regulator's definition of large, mid, and small-cap companies has irked mutual fund managers, reports Samie Modak.

2017 saw 105 companies launch their IPOs on the SME platform

2017 saw 105 companies launch their IPOs on the SME platform

Rediff.com   27 Oct 2017

Close to three dozen companies will launch their IPOs over the next four-six months.

'Earnings growth will need to pick up to attract foreign flows'

'Earnings growth will need to pick up to attract foreign flows'

Rediff.com   26 Oct 2017

Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.

Muhurat trading sees worst performance in 10 years

Muhurat trading sees worst performance in 10 years

Rediff.com   20 Oct 2017

Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.

CBI, ED will respond to Mallya's allegations by Nov 3

CBI, ED will respond to Mallya's allegations by Nov 3

Rediff.com   18 Oct 2017

In the 25-page defence evidence affidavit, which was served to the UK Crown Prosecution Service, Mallya is learnt to have alleged that his was a case of "political vendetta" and "loss-making business".

In Q2, foreign investors sold $3.2 bn of Indian stocks

In Q2, foreign investors sold $3.2 bn of Indian stocks

Rediff.com   10 Oct 2017

This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet

MFs inflows top Rs 20,000-cr for 2nd straight month

MFs inflows top Rs 20,000-cr for 2nd straight month

Rediff.com   7 Oct 2017

Total assets under management (AUM) for September stood at Rs 20.4 lakh crore compared with Rs 20.6 lakh crore at the end of August.

India Inc may get a new governance code soon

India Inc may get a new governance code soon

Rediff.com   6 Oct 2017

Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".

IPO fundraising: A whopping Rs 25,500 crore in H1

IPO fundraising: A whopping Rs 25,500 crore in H1

Rediff.com   3 Oct 2017

Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline

I-T dept goes after black money stashed overseas

I-T dept goes after black money stashed overseas

Rediff.com   30 Sep 2017

The move follows poor results in detecting undisclosed foreign assets and delay in concluding pending matters under the Black Money Act, which came into effect in 2015. According to the official data, only 52 cases have been identified so far. Of these, nine are from Mumbai alone.