If you leave too much money lying in your trading account or hand over your securities to brokers, there is always the risk that they could use it to trade in the markets.
Apollo had made efforts to acquire Cooper Tire at the end of 2012.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Besides Joseph, one of the lawyers defending Michel is a member of the Congress' youth wing while the father of another is a party member, Patra claimed at a press conference.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
'The critics were writing so well about me, I was shocked!' 'My phone didn't stop ringing!' 'This is the biggest tribute for a senior actor.' 'Now, I can pack up.'
A glance back at some of the important ups and down Indian Inc faced in 2018.