Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Few top honchos of India Inc did very well in 2014.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
The Street is never short of hope and events to look forward to
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.
Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.
'My confidence in the Indian judiciary is absolute after I saw justice being delivered in Gujarat even when a BJP government was ruling the state. The Muslims of Gujarat believed that they will never get justice in a BJP-ruled state, but the facts are before all of us to make a judgment.'
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
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