The regulations will only apply to the share purchases that have been done after October 1, 2004
Congress President Sonia Gandhi had a two-hour luncheon meeting with President Pranab Mukherjee at Rashtrapati Bhawan on Friday afternoon, disclose highly placed sources at the President's house.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
A new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace with effect from January 1, 2018. The funds held by Indians through fiduciaries alone used to be in billions till 2007 but began falling after that amid fears of regulatory crackdown. It is now at second-lowest level in 20 years.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
The corporate sector does not care from where the money is coming.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
Sebi will be taking a number of measures to develop a derivatives market of commodities.
'India has ramped up infrastructure on its side, so the Chinese military is finding Indian soldiers in locations where they are not used to seeing an Indian footprint,' points out Harsh V Pant.
From selling 14,000 Jeeps in 1973, we slipped to selling just 7,000 vehicles within just three-and-a-half years by 1976.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
Presenting 6 incredible ways your life will change if you study abroad.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
A mechanism on whistle blowing is mandated from October and third-party entities managing such services give staffers far more confidence to blow the lid on wrongdoing.
The government has provided a long-term vision.
Tax Guru Anil Rego answers your personal income tax queries.
Meeting the disclosure norms isn't very easy.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.
Regulations ensure only PGs from Indian universities qualify.
Each scam that comes out in the open shows the regulators to be miles behind.
'China's deep involvement in the stability and economic and political success of Pakistan actually produces some elements of congruence with India's core interest in a stable and productive relationship with Pakistan.' 'It is not far-fetched for us to pursue that congruence and with ingenuity work out with China a formula that also satisfies our formal position on PoK,' argues Ambassador Kishan S Rana.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
'While economic ties are making incremental progress, it is in the security and strategic domains that the India-Japan synergy is more compelling,' says Dr Rajaram Panda.
Thinking big, China is changing the world order; with mixed priorities, we can but tag along, writes T J S George.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
But their reign has been tumultuous as the company has seen compelling battles for ownership.
'Modi loves to keep others guessing and basks in the media glare, both traits that are politically helpful but are inimical to stable relations, especially in the fragile Indo-Pak equation.'
Sheela Bhatt/Rediff.com decodes why Modi has decided to retain her in the Union Cabinet despite this controversy and their many internal differences.
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
Regulator believes Jet Airways deal triggers open offer
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Top sources in RBI blamed 'unwarranted rumours' about controls on foreign institutional investors' money to the nearly 770 point drop in the benchmark Sensex and rupee dipping to its lowest levels.
The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to CHF 676 million (about Rs 4,500 crore) -- the lowest ever since the European nation began making the data public in 1987.
Experts say only three per cent individuals pay taxes.
ISIS suicide bombers and gunmen struck at the heart of the capital of Muslim-majority Indonesia, executing a Westerner and killing a local while blowing up a Starbucks cafe, leaving five attackers dead in the ensuing firing.
