The new corporate governance norms for listed companies, currently being finalised by the Securities and Exchange Board of India, may also mandate greater disclosures regarding IPOs, sources said.
Australia is abolishing the 457 visa, which, brings temporary foreign workers into the country
Central Bureau of Investigation is probing 10 companies, which have defrauded the erstwhile Global Trust Bank, which became sick due to mounting bad debts of over Rs 1,400 crore (Rs 14 billion) and was taken over by Oriental Bank of Commerce in 2004.
The group's testing lab chain SRL Ranbaxy has been renamed as Religare Super Laboratories. RanAir, its charter aviation company will be known as Religare Voyages. About 15 group companies, including joint ventures like Religare Macquarie Private Wealth, Religare Aegon and Vistaar Religare have come under the umbrella brand Religare.
The stock exchanges have raised various concerns mainly about two UB Group firms -- Kingfisher Airlines and United Spirits -- for not providing required disclosures and not adhering to deadline regarding finacial results and the annual general meeting.
Fund-raising by Indian companies through issue of shares to institutional investors is gathering pace, rising to Rs 2,211 crore in August highest in a month during the current fiscal.
The trend is expected to remain bullish in 2015, global consultancy Grant Thornton said
Insurance industry emerged as the largest investor in the stock market during 2007-08 surpassing the foreign institutional investors, riding on the huge popularity of Unit Linked Insurance Products, according to Life Insurance Council.
The knowledge economy demands that companies must put premium on their soft assets such as workers, brand value and goodwill, B Ramalinga Raju, chairman, Satyam Computer Services, said on Friday.
Billionaire Mukesh Ambani-led Reliance Industries has made it to the annual list of the world's 100 most respected companies compiled by the Wall Street Journal, topped by US-based healthcare products major Johnson & Johnson.
Shinzo Nakanishi had a total pay package of Rs 2.8 crore (Rs 28 million) last fiscal ended March 31, 2012, slightly higher than Rs 2.4 crore (Rs 24 million) in the previous year, as per Maruti Suzuki's latest annual report for 2011-12.
In the ranking of top 10 firms, TCS retained its numero- uno position
With the top life insurance companies planning to list next year, the Insurance Regulatory Development Authority is setting up a committee for working out a mechanism to decide the valuation and the likely initial public offer price.
The telecom regulator in the second ultimatum to GSM operators, including Bharti, Vodafone and BSNL, has given August 21 as the deadline to give interconnections to the RCom GSM network. Trai has cited it as a licencing condition to provide interconnection among the service provider implying if a mobile operator does not give interconnection to another based on mutual commercial agreement, it is a violation of license condition attracting penalty.
Expecting oil prices to remain under pressure, Fitch Ratings said deregulation of diesel prices in October will help in lowering the under-recoveries (which is nothing but international petroleum prices minus the subsidised retail rates).
SpiceJet grounded all its aircraft due to payment woes
As many as eight nations are participating in Gujarat government's flagship biennial event
About 500 leading private companies have almost doubled their profits to Rs 10,154 crore (Rs 101.54 billion) in first half of 2004-05 after financial institutions like IDBI took a number of measures including cut in lending rates and debt restructuri
The combined market valuation of top seven Sensex companies tanked by a whopping Rs 1 lakh crore in the past week, with TCS, ONGC and RIL taking the steepest hit.
The regulator, in a public notice, said investors of Sahara India Real Estate Corporation Ltd and Sahara Housing Investment Corporation Ltd should take investment decision at their own risk.
For Jai Balaji, the state had already handed over 1,130 acres earlier.
TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.
Indian machine tool manufacturers should expand their reach to international markets as German and European markets presented lot of export opportunities to them, a top official of German Machine Tool Manufacturers' Association said on Tuesday.
The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information about mutual funds.
Giving in to the demand of the tobacco industry, the government on Tuesday decided to retain the existing pictorial warnings on cigarette and bidi packages for one more year.
US District Judge Beryl Howell in Minneapolis denied Ranbaxy's request, the court filing showed.
The move will help increase participation of retail investors, providing momentum to the primary market.
The Reserve Bank has taken some steps to shore up the domestic currency.
The government on Friday said guidelines for 3G services will be issued next month and foreign players will be allowed to offer this service in the country whether they come through open auction route or via the existing law, which allows 74 per cent FDI in telecom companies.
About 60 per cent of BRIC (Brazil, Russia, India and China) nations anticipate a rise in business activity whereas only two per cent expect a decline. These are the findings of the latest Business Outlook Survey conducted in April by advisory firm KPMG.
Observing that infrastructure deficit was posing a major constraint to India's growth, Prime Minister Manmohan Singh on Monday said an outlay of over $1 trillion was envisaged for infrastructure projects during the next 5-year plan beginning 2012 and invited Japanese firms to play a greater role in this endeavour.
According to a PTI report, in the latest '2012 Global Outsourcing 100', compiled by the International Association of Outsourcing Professionals, three Indian firms have found a place in the top 10, with Accenture heading the list.
Blackberry enables subscribers to receive and send e-mails in the form of SMS through mobile phones. The service has come under official scanner, as communication sent using it is routed through servers located abroad and cannot be intercepted by security agencies in New Delhi. The officials did not name the company that has offered to help monitor Blackberry content, but sources said there are a few Swiss and Canadian companies who have developed software offering security t
TCS and SBI emerged as the biggest gainers