In front-running case, some fund houses have settled with Sebi and paid the amount lost to trustees.
From Ranbaxy to Religare, Aashish Aryan takes you through a maze of legal cases involving Malvinder Mohan Singh and his younger brother Shivinder Mohan Singh. Both are in police custody following a complaint of fund siphoning.
The funds, some of which have invested in the NSE for almost a decade, want the exchange to list as soon as possible so that they can exit and pay back investors in their funds
Analysts question negative net worth because of dividend payout ahead of IPO.
Rumours about a spike in taxes for equity investors are flying thick and fast.
Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.
Move aimed at boosting retail investor participation in disinvestment.
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.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
Uncertainty lingers in the minds of retail investors due to scams.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
For India to endorse Nepal's Buddhist conference will be like sipping from a poisoned chalice, warns former RA&W official Jayadeva Ranade.
An investor would pay much less when he invests through a registered investment advisor than a distributor.
The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.
For deals to be investor-friendly in India, review of merger and acquisition law is a prerequisite.
Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.
Inviting private sector in Indian Railways is a good idea.
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
Murthy's letter comes even as Sikka celebrates the completion of three years at the helm of India's second largest software exporter.
Sebi suggested Roy be allowed to step out of Tihar jail for a few hours every day to negotiate the sale of his foreign properties over video conference.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
US-India defence cooperation must not adversely affect the India-Russia interface, which has its own strategic meaning and content, asserts Vice Admiral Premvir Das (retd).
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
Regulator seeks clarification on transfer of convertible debt after merger
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
'A CEO is successful if he is able to retain the confidence of his shareholders. And the shareholders of India Inc have backed their prime minister-CEO to the hilt,' says Sudhir Bisht.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
Suitors came with all-cash offers but were rebuffed
More punitive action was needed against the company and the management, say experts
Part of funding for 9/11 attacks in the United States had originated from India, according to a former top police officer Neeraj Kumar, who has based his claim on the "revelation" made by a terrorist.
India is only on the starting block.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
The ruling by the Supreme Court was made in a parallel civil insider trading case brought against Gupta by federal regulator Securities and Exchange Commission.
'Of all the areas that define the future for a strong US-India partnership, none is more important than our defence and security ties.'
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
The Reserve Bank of India (RBI) is planning to introduce plastic currency notes as an experiment in five cities.