Unitech alleged that the takeover of the management of the company by the Centre would make it difficult for them to deposit Rs 750 crore as directed by the apex court to safeguard the interests of homebuyers.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
The UK government has promised to put in place measures worth hundreds of millions of pounds to support any rescue deal for the Indian group's UK business.
RBI has identified about 50 cases for NPA resolution after it was empowered by the government to ask banks to initiate insolvency proceedings.
In its efforts to make listed firms more responsible towards investors, Sebi may announce new insider trading norms as early as next week.
In the past couple of years, Saregama has redefined itself into a 'content IP company'.
What the Congress will have to understand is that it is not enough to have a 40-something vice-president in New Delhi, but young faces with fresh ideas in the states,' says Amulya Ganguli.
The meeting between United States Ambassador to India Nancy Powell and Gujarat Chief Minister Narendra Modi was a "pragmatic" and "necessary step", according to a media report, that said it seems "likely" the visa status of BJP's prime ministerial candidate "could change" if he is elected to the top post.
'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.'
It sets up internal panel to iron out issues companies face with delisting regulations.
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
'The impression I get is bread and butter matters more than freedom and choice. And China is providing bread and butter in plenty.' Saisuresh Sivaswamy/Rediff.com takes the road less travelled -- to Tibet.
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