Vijay C Roy And N Sundaresha Subramanian

Stories by Vijay C Roy And N Sundaresha Subramanian

NSEL's Rs 720-cr sugar stock turned into a multi-storey mall

NSEL's Rs 720-cr sugar stock turned into a multi-storey mall

Rediff.com   2 Sep 2013

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

NSEL's settlement guarantee fund stood at only Rs 85 lakh

NSEL's settlement guarantee fund stood at only Rs 85 lakh

Rediff.com   28 Aug 2013

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.

FinMin, watchdogs worried about Sahara-NSEL ties

FinMin, watchdogs worried about Sahara-NSEL ties

Rediff.com   22 Aug 2013

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.

'Typo' spooks Financial Technologies investors

'Typo' spooks Financial Technologies investors

Rediff.com   7 Aug 2013

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.

How to make 1,245 tonnes of wool disappear without trace

How to make 1,245 tonnes of wool disappear without trace

Rediff.com   5 Aug 2013

National Spot Exchange data shows huge amount of wool going out of its warehouse, but a visit to the storage reveals a different picture.

We are trying to develop the rural markets: Maruti CMD

We are trying to develop the rural markets: Maruti CMD

Rediff.com   29 Jul 2013

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's bull run reaches exhaustion point

Udayan's bull run reaches exhaustion point

Rediff.com   12 Jul 2013

Udayan Mukherjee, who stepped down earlier this week, was the first full-fledged market commentator Indian business television knew of.

Flood-hit Kedarnath temple to get Rs 2,000-crore makeover

Flood-hit Kedarnath temple to get Rs 2,000-crore makeover

Rediff.com   6 Jul 2013

The temples committee has already posted a request to devotees on its website to contribute towards the rebuilding.

Rains, landslides shut down road to relief

Rains, landslides shut down road to relief

Rediff.com   25 Jun 2013

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.

Alaknanda unleashes its fury, a town cries in agony

Alaknanda unleashes its fury, a town cries in agony

Rediff.com   25 Jun 2013

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.

GVK, L&T hydel projects hit

GVK, L&T hydel projects hit

Rediff.com   24 Jun 2013

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.

Are you 'fit' enough to be a bank director?

Are you 'fit' enough to be a bank director?

Rediff.com   12 Jun 2013

The YES Bank family tussle puts focus on RBI guidelines on appointment of directors.

Were Ranbaxy's directors AWARE of the malpractices?

Were Ranbaxy's directors AWARE of the malpractices?

Rediff.com   5 Jun 2013

Though independent directors acted in a manner less than desirable, they might not be held responsible.

Religare's banking bid under Ranbaxy cloud

Religare's banking bid under Ranbaxy cloud

Rediff.com   1 Jun 2013

Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.

Bogus contract payments in a public sector company unearthed

Bogus contract payments in a public sector company unearthed

Rediff.com   17 May 2013

The company paid over Rs 231 crore over three years to a web of 135 fake firms.

Of Cobrapost and a Japanese firm named after Mumbai

Of Cobrapost and a Japanese firm named after Mumbai

Rediff.com   11 May 2013

An online search for Mumbai Street Company, which has stake in firm owned by Cobrapost editor, drew a blank.

Nearly 200 FIIs exit RIL, Infy since FY11

Nearly 200 FIIs exit RIL, Infy since FY11

Rediff.com   30 Apr 2013

But, despite the exits, RIL continued to top the list of stocks with maximum number of FII shareholders.

US may get a leash on Indian financial institutions

US may get a leash on Indian financial institutions

Rediff.com   25 Apr 2013

The three-year-old US law seeks to improve tax compliance involving foreign financial assets and offshore accounts.

Russian financial scheme for rural India

Russian financial scheme for rural India

Rediff.com   6 Apr 2013

This financial scheme is based on a virtual currency and is propagated by Russian businessman and financier Sergey Mavrodi.

Pvt infra firms may get to issue tax-free bonds

Pvt infra firms may get to issue tax-free bonds

Rediff.com   18 Mar 2013

Allocation to be need-based, track record of the issuer to be considered.