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.
NBFCs which have not met Sebi criteria will face tough action.
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Private lenders were among the top losers along with RIL.
Preparing legal framework to protect states from revenue loss.
The Prime Minister's Office has made clear Modi's wishes that the reception planned for him at New York's famed Madison Square Garden should not carry the imprimatur of any community organisation, but be under the auspices of a 'Reception Committee for the Prime Minister of India.' Aziz Haniffa/Rediff.com reports.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
Rediff.com gives you a look at newbies in the Council of Ministers
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
Sheikh Hasina's government has launched a relentless war against terrorism since the Dhaka cafe carnage in July 2016, but as Bangladesh's terror networks exploit new technologies and new tactics, the challenge to eliminate jihad gets tougher, points out Binodkumar Singh.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
Managing expectations is a challenge for policymakers.
FMC approves commodity bourse's contract-launch calendar for two years.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The Supreme Court has dismissed many petitions in the past but rarely has the country's apex court accused the petitioners of being "stool pigeons" of powerful corporate lobbies.
United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)
Rahul is going about the restructuring of the Congress leadership in a gradual, deliberate fashion: No sudden jerks, no abrupt moves. So while seniors like Janardan Dwivedi were edged out, Ahmed Patel has been retained.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Thursday was the penultimate day of the Budget Session of Parliament. The second half of the session which began on March 5 has been a washout with no legislative business being transacted due to stalling of proceedings by the opposition.
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.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
The government package for public sector banks, announced last Friday, has been welcomed by the stock market with the PSU banking index booking smart gains.
The Supreme Court-appointed Committee of Administrator chief Vinod Rai was non-committal on being asked whether the COA will ask Team India to participate or allow them to boycott the ICC Champions Trophy, starting in the United Kingdom, on June 1.
Ahead of the crucial Congress meeting on Telangana, Andhra Pradesh Chief Minister Kirankumar Reddy on Friday met Congress President Sonia Gandhi and briefed her about the political situation in the state.
Gupta was demanding that a fact-finding committee report on an alleged water tanker scam during Sheila Dikshit's tenure be made public and a calling attention motion on the matter. Speaker Ram Niwas Goel rejected the demand.
Hitting back at Arvind Kejriwal over the DDCA row, Finance Minister Arun Jaitley on Thursday accused him of spreading "false propaganda", saying he seems to believe in untruth and defamation and delivers a language that borders on hysteria.
Five longtime Republicans -- K V Kumar, Puneet Ahluwalia, Suhail Khan, Ajay Kuntamukkala and Harry Walia -- have been named to the GOP's Asian Pacific American Advisory Council.
Expecting an annual CSR spending of Rs 15,000-20,000 crore (Rs 150-200 billion) by India Inc, Corporate Affairs Minister Sachin Pilot has asked companies to see the new law as an investment opportunity to create a better work environment, rather than a forced expenditure.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
Rajan tells RBI colleagues he will be returning to academics
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