News for 'Foreign Exchange Promotion Board'

Chidambaram files fresh plea in SC challenging arrest

Chidambaram files fresh plea in SC challenging arrest

Rediff.com24 Aug 2019

He said the plea pertained to his liberty, which was 'illegally curtailed'.

YES Bank shareholders 'approve' Rana Kapoor as MD & CEO

YES Bank shareholders 'approve' Rana Kapoor as MD & CEO

Rediff.com16 Jun 2014

The voting results were concluded on Sunday and will be sent to the exchanges on Monday morning. YES Bank could not be reached for comment.

Sebi steps up l'affaire Mallya probe; to seek overseas help

Sebi steps up l'affaire Mallya probe; to seek overseas help

Rediff.com10 Jul 2016

Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines

Parliamentary Panel demands person with credential to lead SAI

Parliamentary Panel demands person with credential to lead SAI

Rediff.com14 Aug 2015

Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation

'In coming months, mutual fund industry will be stressed'

'In coming months, mutual fund industry will be stressed'

Rediff.com26 Jul 2019

'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'

Moily walks the talk: takes Metro to office to save fuel

Moily walks the talk: takes Metro to office to save fuel

Rediff.com9 Oct 2013

Moily walked from his residence at 3, Tughlak Lane, to the Race Course Metro Station, where he boarded a Yellow Line train and alighted two stops later at the Central Secretariat station, a short walk from Shastri Bhawan, the seat of the Oil Ministry.

Volatile markets end flat; Sensex gains 25% in FY15

Volatile markets end flat; Sensex gains 25% in FY15

Rediff.com31 Mar 2015

On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.

RBI clarifies on owned or controlled issue

RBI clarifies on owned or controlled issue

Rediff.com4 Jul 2013

Amidst debate over control of Jet Airways post UAE's Etihad buying stake, the RBI on Thursday notified FDI guidelines defining control of a company, saying that a firm will be said to be controlled by non-residents if they have powers to appoint majority of the directors.

Modi's action plan for start-ups: Up, up and away

Modi's action plan for start-ups: Up, up and away

Rediff.com19 Jan 2016

'Expectations were being built up about radical moves and the action plan did not disappoint.'

DLF asked to give fund-requirement plans for interim relief

DLF asked to give fund-requirement plans for interim relief

Rediff.com30 Oct 2014

DLF was asked to file an affidavit in this matter by Monday, after which SAT would issue directions on Wednesday (November 5) on whether the interim relief can be given.

Many hits, some misses by Sebi under U K Sinha

Many hits, some misses by Sebi under U K Sinha

Rediff.com15 Feb 2017

The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.

Markets at day's low; PSU banks shine

Markets at day's low; PSU banks shine

Rediff.com6 Jun 2016

Markets at day's low; PSU banks shine.

From top jeweller to liquidation, how Gitanjali Gems lost its sheen

From top jeweller to liquidation, how Gitanjali Gems lost its sheen

Rediff.com2 May 2019

Once a stock market darling, the jewellery chain heads for liquidation.

Leakgate: Sebi expands probe to check insider trades

Leakgate: Sebi expands probe to check insider trades

Rediff.com17 Mar 2015

Sebi first began looking into the matter last month.

Wanted: Whistle-blower specialists to expose malpractices

Wanted: Whistle-blower specialists to expose malpractices

Rediff.com5 Sep 2014

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.

Sebi eases disclosure norms for alternative investment funds

Sebi eases disclosure norms for alternative investment funds

Rediff.com18 Jul 2014

Under Sebi guidelines, AIFs can operate broadly in three categories.

40 years and now: Britannia has crowned many as 'biscuit king'

40 years and now: Britannia has crowned many as 'biscuit king'

Rediff.com30 Oct 2014

But their reign has been tumultuous as the company has seen compelling battles for ownership.

Post Lehman episode, Indian equity markets were at its best

Post Lehman episode, Indian equity markets were at its best

Rediff.com21 Oct 2014

Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.

Realty-high GSC to invest $1 bn in India over 3 years

Realty-high GSC to invest $1 bn in India over 3 years

Rediff.com16 Dec 2013

It also expects to get its REIT listed on the Singapore stock exchange next year.

Annual reports: 5 red flags to watch out for

Annual reports: 5 red flags to watch out for

Rediff.com14 Sep 2017

Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.

Cairn India unveils Rs 5,725 crore share buy-back programme

Cairn India unveils Rs 5,725 crore share buy-back programme

Rediff.com27 Nov 2013

Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.

Why is Subramanian Swamy silent on SpiceJet?

Why is Subramanian Swamy silent on SpiceJet?

Rediff.com12 Mar 2015

Minority investors of SpiceJet might be feeling cold-shouldered.

How Afghan women's cricket is crushed by bombs, threats, tradition

How Afghan women's cricket is crushed by bombs, threats, tradition

Rediff.com26 Dec 2014

Afghan women's cricket team formed in 2010 was quietly dissolved this year amid Taliban threats, insecurity and conservative beliefs.

Bank licence norms not discriminatory: Birla

Bank licence norms not discriminatory: Birla

Rediff.com26 Jun 2013

A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.

Sensex ends 205 points lower; Nifty holds 8,500

Sensex ends 205 points lower; Nifty holds 8,500

Rediff.com21 Jul 2016

Private lenders were among the top losers along with RIL.

Jet finally lands in NCLT as banks give up revival plan

Jet finally lands in NCLT as banks give up revival plan

Rediff.com17 Jun 2019

After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.

Cairn India's Rs 5,725 crore share buyback starts on Jan 23

Cairn India's Rs 5,725 crore share buyback starts on Jan 23

Rediff.com14 Jan 2014

The exploration company will buy back shares from January 23 and extinguish them.

For Subrata Roy, anxiety rises as deal unravels

For Subrata Roy, anxiety rises as deal unravels

Rediff.com18 Feb 2015

Subrata Roy is in jail since March last year.

Beware! Plenty of froth in IPO market

Beware! Plenty of froth in IPO market

Rediff.com4 Dec 2017

Retail investors may burn their fingers investing in them, especially if the markets correct, experts tell Sanjay Kumar Singh

Mallya's craft beer firm in US is in the news for all the wrong reasons

Mallya's craft beer firm in US is in the news for all the wrong reasons

Rediff.com3 Apr 2016

California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure

The investor who took a $1.1billion bet on Modi

The investor who took a $1.1billion bet on Modi

Rediff.com1 Apr 2016

The IIT-Madras alumnus, who moved to Canada for an MBA programme and settled there, is not new to investing in India.

US expects India to talk to Pakistan

US expects India to talk to Pakistan

Rediff.com4 Apr 2018

'The Modi government would chaff at the very idea of holding talks with Pakistan, facilitated by Washington and under close US monitoring, when the 2019 poll is sailing into view.' 'But in politics and diplomacy, there may be moments when drinking from the chalice of poison is necessary,' says Ambassador M K Bhadrakumar.

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Winning spree intact; Sensex, Nifty soar 5% in 3 sessions

Rediff.com27 May 2016

Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.

PM calls industry after receiving SOS from Sharma

PM calls industry after receiving SOS from Sharma

Rediff.com14 Jul 2013

In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

The many challenges facing Sandeep Bakhshi, ICICI Bank's new COO

Rediff.com19 Jun 2018

In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy

Syria attack fears recede; Sensex regains 20k

Syria attack fears recede; Sensex regains 20k

Rediff.com10 Sep 2013

FIIs pump in Rs 2,075 crore in past three trading sessions.

Markets end marginally higher amid rangebound trades

Markets end marginally higher amid rangebound trades

Rediff.com24 Sep 2015

The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.

Markets end lower on Bihar verdict; Nifty holds 7,900

Markets end lower on Bihar verdict; Nifty holds 7,900

Rediff.com9 Nov 2015

TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.

Global Depository Receipts under lens for routing black money

Global Depository Receipts under lens for routing black money

Rediff.com5 Jan 2015

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.