News for 'Public Investment Board'

ED files money laundering case against Karti Chidambaram

ED files money laundering case against Karti Chidambaram

Rediff.com19 May 2017

The Enforcement Directorate has registered a money laundering case against Karti Chidambaram, son of former finance minister P Chidambaram, and others, taking cognisance of a recent CBI FIR against them.

80,000 COVID-19 cases reported daily in April: WHO

80,000 COVID-19 cases reported daily in April: WHO

Rediff.com7 May 2020

'Every single case is a mother, a father, a son, a daughter, a brother, sister or friend'

Chidambaram to remain in jail as HC dismisses his bail plea

Chidambaram to remain in jail as HC dismisses his bail plea

Rediff.com15 Nov 2019

Justice Suresh Kait said that wrong message will be sent to the society if bail is granted to Chidambaram in this case.

Assam conundrum: Even if BJP returns, Sonowal may not

Assam conundrum: Even if BJP returns, Sonowal may not

Rediff.com22 Mar 2021

While Himanta Biswa Sarma scotched rumours that he would be the king this time, political sources in Guwahati maintained that he, and not Chief Minister Sarbananda Sonowal, had a bigger say in choosing candidates, reports Radhika Ramaseshan.

Govt softens capital gains tax blow

Govt softens capital gains tax blow

Rediff.com4 Apr 2017

'Genuine' share transfer gets relief; CBDT lists three scenarios where tax would be levied

Sebi does away with mandatory grading for IPOs

Sebi does away with mandatory grading for IPOs

Rediff.com24 Dec 2013

The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.

Jagran proprietors clash over Blackstone infusion

Jagran proprietors clash over Blackstone infusion

Rediff.com29 May 2010

A battle is brewing in the families which run the Jagran group of newspapers. The group's flagship brand, Dainik Jagran, is the country's largest circulated newspaper.

IPO grading: Help or hindrance?

IPO grading: Help or hindrance?

Rediff.com31 Mar 2007

IPO grading will answer questions on the fundamentals of the company

Reforms plan fires PSU bank stocks

Reforms plan fires PSU bank stocks

Rediff.com18 Aug 2015

The rally followed the govt's plan to bolster state-owned lenders.

Inoperative PF accounts to earn interest from April 1

Inoperative PF accounts to earn interest from April 1

Rediff.com29 Mar 2016

The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.

SoftBank backs Nikesh Arora, says allegations baseless

SoftBank backs Nikesh Arora, says allegations baseless

Rediff.com20 Jun 2016

Nikesh Arora is one of the highest-paid business leaders globally.

Indian Railways opens up Rs 90,000 cr FDI opportunity

Indian Railways opens up Rs 90,000 cr FDI opportunity

Rediff.com12 Dec 2014

The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.

Scrapping vehicles in volumes to curb pollution will be a tough task

Scrapping vehicles in volumes to curb pollution will be a tough task

Rediff.com6 May 2021

For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.

Poll effect: Suspected securities deals under scanner

Poll effect: Suspected securities deals under scanner

Rediff.com30 Mar 2014

The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.

'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.'

Tata, SIA incorporate airline venture

Tata, SIA incorporate airline venture

Rediff.com10 Nov 2013

As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.

Burson Marsteller acquires Genesis PR

Burson Marsteller acquires Genesis PR

Rediff.com12 Dec 2005

Global public relations Burson Marsteller on Monday acquired Genesis Public Relations one of India's leading PR firms for an undisclosed sum.

IndiGo rejigs ownership structure ahead of IPO

IndiGo rejigs ownership structure ahead of IPO

Rediff.com17 Jun 2015

Move aimed at giving more headroom to foreign investors.

FMPs crisis: Lessons for all to learn

FMPs crisis: Lessons for all to learn

Rediff.com26 Apr 2019

'Why are FMPs used as a vehicle for promoter funding against listed shares?' asks Debashis Basu.

Will the Modi govt get its divestment maths correct?

Will the Modi govt get its divestment maths correct?

Rediff.com26 Dec 2018

A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.

Chidambaram, Karti get protection from arrest till Aug 7; ED opposes bail plea

Chidambaram, Karti get protection from arrest till Aug 7; ED opposes bail plea

Rediff.com10 Jul 2018

The Enforcement Directorate opposed the bail application before special judge O P Saini in its written submission and sought time to argue the matter.

NPAs: How Sebi's default disclosure is a game changer

NPAs: How Sebi's default disclosure is a game changer

Rediff.com21 Sep 2017

'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'

What govt can do with Rs 176,000 cr transfer from RBI

What govt can do with Rs 176,000 cr transfer from RBI

Rediff.com27 Aug 2019

The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.

At Godrej House, it's time for Succession 2.0

At Godrej House, it's time for Succession 2.0

Rediff.com18 May 2017

Burjis Godrej, 25, son of Nadir Godrej will join Godrej Agrovet in July

'His eyes reach every person in the state'

'His eyes reach every person in the state'

Rediff.com25 Mar 2021

'If Pinarayi Vijayan gets another term, Kerala will be a state where everybody has a house.'

BSE IPO disclosures incomplete: Investor body

BSE IPO disclosures incomplete: Investor body

Rediff.com21 Jan 2017

BSE says all requirements complied with.

Modi's minimum government, maximum governance will work, here's how

Modi's minimum government, maximum governance will work, here's how

Rediff.com24 Sep 2015

Modi's minimum government, maximum governance will go a long way?

$14-mn penalty too high: Rajat Gupta tells court

$14-mn penalty too high: Rajat Gupta tells court

Rediff.com17 Jun 2014

Gupta's lawyer Seth Waxman argued his case during a hearing before a three-judge panel of the 2nd US Circuit Court of Appeals in New York on Monday.

SEC imposes huge penalty on Rajat Gupta

SEC imposes huge penalty on Rajat Gupta

Rediff.com18 Jul 2013

In its complaint filed in 2011, the SEC alleged that Gupta disclosed confidential information about Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs

RIL completes Network18 open offers for Rs 17 crore

RIL completes Network18 open offers for Rs 17 crore

Rediff.com2 Jan 2015

RIL has completed Network 18s open offer after four months of acquiring the latter.

Govt looking at stake sale in rail infra cos

Govt looking at stake sale in rail infra cos

Rediff.com22 Jul 2014

A host of companies have been lined up by the disinvestment department as candidates for stake sale.

How about a Hammurabi Code for financial offences?

How about a Hammurabi Code for financial offences?

Rediff.com21 Oct 2020

Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.

Chanda Kochhar falls on her sword, but why now?

Chanda Kochhar falls on her sword, but why now?

Rediff.com9 Oct 2018

'Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.' 'But quitting earlier would have placed her personally and as a leader on a very high pedestal, indeed where she belonged until this lapse,' says S Muralidharan, former managing director, BNP Paribas.

Sebi relaxes listing, fund-raising norms for start-ups

Sebi relaxes listing, fund-raising norms for start-ups

Rediff.com23 Jun 2015

Under the new norms, 75 per cent shares can be reserved for institutional investors

Why fund managers are not happy with Sebi

Why fund managers are not happy with Sebi

Rediff.com29 Oct 2017

The stock market regulator's definition of large, mid, and small-cap companies has irked mutual fund managers, reports Samie Modak.

FII participation in MUL IPO sought

FII participation in MUL IPO sought

Rediff.com3 Feb 2003

The divestment ministry is approaching the Foreign Investment Promotion Board for permission to allow foreign institutional investors, NRIs and overseas corporate bodies to participate in the ensuing public offer for government stake in MUL.

The man who is caught in the crossfire between Tata and Mistry

The man who is caught in the crossfire between Tata and Mistry

Rediff.com28 Oct 2016

R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.

Great Eastern Energy plans 'sponsored' issue

Great Eastern Energy plans 'sponsored' issue

Rediff.com29 Aug 2008

Delhi-based Great Eastern Energy Corporation is planning a public issue, part of which will be "sponsored", meaning foreign shareholders will also tender their shares for sale, a first for the Indian markets.