Karvy Computershare Pvt Ltd engaged in fraudulent activities with respect to certain initial public offerings in 2005, market regulator Sebi said.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
The transformer factory in Canada contributes about three per cent to the company's total sales.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
The scrutiny is expected to be over this month itself.
Buoyed by the success of secondary market, IPO market set to see high action
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
RBI is expected to discuss about the impact of GST in its monetary policy.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
The central bank has, so far, cut its repo rate by 125 bps.
The Survey shows fiscal consolidation despite slowdown in growth.
A revival in investment is likely to be a key near-term initiative.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
DFS writes to departments that haven't responded to RBI's request for information.
The RBI has accepted the application withdrawal request, according to the statement.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
Through the past 12 months, the Bank Nifty has risen 55%
Rather than move up the echelons of finance management, he was part of crisis management at his first employer, and then the commercial head of home and personal care products and, lately, chairman of Middle East and North Africa for Unilever, the second-largest fast-moving consumer goods company in the world.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
Prabhu-led advisory group also suggests JVs with mining and infra firms.
Licence winners are expected to be announced by the first quarter of 2014.
In debt private placements, firms issue debt securities or bonds to institutional investors to raise capital.
EC received the RBI proposal in the first week of this month, soon after the model code of conduct came into force on March 5.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
The Nobel follows a line of mighty brands that have bent low to kiss the feet of the popular, says Itu Chaudhuri.
2013 foreign currency non-resident deposits to mature in Sep-Nov
Go for high quality and low-to-medium-duration funds in your debt portfolio
With stock prices at elevated levels, investors must cut valuation risks in their portfolio
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
New listing on the BSE will create more jobs, say experts.
In last few years, a number of global players have exited the Indian mutual fund business.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.