A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
Against varying claims its SGF ranged from Rs 839 crore (Rs 8.39 billion) to Rs 62 crore (Rs 620 million), between July 29 and August 14, the bourse had Rs 84.66 lakh (Rs 8.46 million) in the actual SGF.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
The FT stock took a beating, losing 80 per cent in two sessions before recovering. Though in an exchange announcement following the government's missive on July 12, FT identified NSEL as a material subsidiary, rumour mills contemplated two possible transactions: a sale between May 30 and June 30 which had led to the subsidiary becoming an associate and another transaction between June 30 and July 15 when the associate again became a subsidiary.
National Spot Exchange data shows huge amount of wool going out of its warehouse, but a visit to the storage reveals a different picture.
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
Udayan Mukherjee, who stepped down earlier this week, was the first full-fledged market commentator Indian business television knew of.
The temples committee has already posted a request to devotees on its website to contribute towards the rebuilding.
A key road connection between Srinagar, the last major town on the banks of the Alaknanda, and Rudraprayag, the junction where the roads to Badrinath and Kedarnath diverge, was broken on Monday night, following heavy downpour and landslides.
Just outside the Sashastra Seema Bal Academy campus, an entire colony, Shakti Vihar, which locals say had 100-150 houses, lies buried under the sand. Srinagar is counting its losses after the raging Alaknanda river destroyed much of what was located on its banks on the night of June 16.
Two major hydel projects being built by construction majors GVK and L&T have suffered severe damages in the floods which hit Uttarakhand last week.
The YES Bank family tussle puts focus on RBI guidelines on appointment of directors.
Though independent directors acted in a manner less than desirable, they might not be held responsible.
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
The company paid over Rs 231 crore over three years to a web of 135 fake firms.
An online search for Mumbai Street Company, which has stake in firm owned by Cobrapost editor, drew a blank.
But, despite the exits, RIL continued to top the list of stocks with maximum number of FII shareholders.
The three-year-old US law seeks to improve tax compliance involving foreign financial assets and offshore accounts.
This financial scheme is based on a virtual currency and is propagated by Russian businessman and financier Sergey Mavrodi.
Allocation to be need-based, track record of the issuer to be considered.