Sebi has imposed a penalty totalling Rs 44 crore on 18 entities, including the National Stock Exchange, its business development officer Ravi Varanasi, former MD and CEO Chitra Ramkrishna and her adviser Subramanian Anand along with certain stock brokers in the 'dark fibre' case.
The future of the GM tech in India is still uncertain.
'Putra-moh Congress ko nasht kar raha hai (Sonia Gandhi's love for Rahul Gandhi is destroying the Congress).'
'He began to find her boring. She felt lonely and unwanted.'
During 2008-09, the Indian economy will grow by its slowest rate since 2002-03. By most accounts, things don't look any better for 2009-10.
Domestic capital market will see the launch of India's largest-ever initial public offering (IPO) next week. Life Insurance Corporation of India's (LIC's) landmark Rs 21,000-crore IPO will open for subscription on Wednesday. Here's a look at some unique features of this mega offering, which are not typically seen in other IPOs.
A bench of Justices MR Shah and BV Nagarathna said the nodal officer to ensure all eligible claimants apply for ex-gratia compensation.
'As the 1991 experience showed, the solution to a large trade deficit may be to open up the economy, not putting up protective walls,' points out T N Ninan.
Reliance Industries on Wednesday said it had couple of months back made a proposal for merger of its media properties with Zee but dropped the offer over differences over stake of Zee founders. Hours after Zee Entertainment Enterprises Ltd's biggest shareholder named it as a firm that could help revive the television company's fortunes, billionaire Mukesh Ambani's firm issued a statement clarifying its position. "In February/ March 2021, Invesco assisted Reliance in arranging discussions directly between our representatives and Mr Punit Goenka, member of the founder family and managing director of Zee," it said.
'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
"Mr Modi has utterly failed. It is clear by now that we (NDA) cannot deliver more than this (since 2014)," he said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
'God gave me a second chance to live and I had to make the most of it.'
Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
In a country like India, where counterfeit items are sold in every nook and corner, the regulation of trademark infringement poses a big challenge.
'Both the people have a perspective and are people of stature and people of understanding'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The government is unwilling or unable to provide the kind of relief that Vodafone India is asking for.'
This is not an election Budget in the sense that I might target the voter in the coming elections. But if you look beyond this round of state elections, and tilt the periscope to graze at the more distant horizon, see how the Narendra Modi government wishes things looking by the summer of 2024, observes Shekhar Gupta.
'I was well prepared and confident that I would win at least win Rs 50 lakh to 1 crore.'
If the government seriously keeps out of business, the business world will know about it at a lightning speed; there would be no need for rock show-like events.
The transcript of the Milkha Singh Rediff Chat.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Budget, by itself, has a limited ability to finance the country's infrastructure needs. However, its ability to create an enabling environment for raising capital and project development is increasing.
Every brand and company in India too will soon need a metaverse strategy, notes Sandeep Goyal.
Microsoft top boss Satya Nadella feels the increase in productivity has come at the price of burning the 'social capital' built up by companies over very many years, observes ad guru Sandeep Goyal.
'India Inc has been afraid to criticise the government of the day for many years now, and it is perhaps unfair to blame the current one alone,' says Shyamal Majumdar.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
'Singh is complaining that politicians are summoning Waze after bypassing him.' 'But Singh is himself undermining the hierarchy within his force by interacting directly with Waze.'
'The finance ministry and public sector banks have tried to keep the names of wilful defaulters secret.' 'Secrecy and concealing information are inbred among banks and even the RBI,' observes Debashis Basu, editor, www.moneylife.in.
1997: Sukanya Verma offers a recap of its memorable imagery.
The Supreme Court Tuesday extended the stay on criminal proceedings against former Wipro chairman Azim Premji, his wife and others on their plea seeking quashing of summons issued by a Bengaluru court on a "frivolous" and "mischievous" complaint filed by an NGO alleging breach of trust and corruption in merger of three companies with a Premji group firm. A bench of justices S K Kaul and M M Sundresh was hearing an appeal filed by Premji challenging the Karnataka high court order of May 15 which had rejected their pleas for quashing of the January 27 summons issued by the trial court.
Former women's hockey team chief coach Sjoerd Marijne's 'full and final' salary was stopped on the recommendations of Hockey India after he was denied a 'No Objection Certificate' for failing to return his official laptop, which, according to the Dutchman, is on its way to India now.
"Such are his core supporters that they will vote for him even if cooking oil sells for Rs 5,000 per litre under his leadership.' 'They don't think about inflation but Modi when they go out to vote.'
Among the handful of countries with large defence budgets and armed forces, India is matched only by Saudi Arabia in the level of its import dependence. For revenge to be served cold, go beyond import bans and correct these long-term failures -- if we're up to it, notes T N Ninan.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
As a loyal foot soldier he continues to defend the indefensible.
