Holding that it was playing "hide and seek" and cannot be trusted any more, the Supreme Court on Monday directed the Sahara group to hand over title deeds of its properties worth Rs 20,000 crore (Rs 200 billion) to SEBI warning that failure to comply would mean Subrata Roy cannot leave India.
Pune, the city that made it to second spot in the Smart City Challenge competition earlier this year, is not new to the concept.
India needs to fix policy paralysis in order to reach teh top slot in solar power.
Cyberstalking is a real threat as social media increasingly becomes an extension of one's life. But there are things you can do to protect yourself from it
Rediff.com's Prasanna D Zore spoke with vegetable vendors, fruit sellers, those selling clothes in shops and streets, and a retired school teacher.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
They are shaken by the mass molestation in the city on New Year's Eve. But they are not waiting to be rescued. Nikita Puri reports.
Unable to verify or trace a large number of bondholders in Sahara refund case, Sebi has begun a process to consult the business conglomerate for verifying the genuineness of such investors.
'The fragility of this case is that taking a side could be a fallacy to do. Because you don't have all the answers. So how do you take one particular side?' Meghna Gulzar asks Vaihayasi Pande Daniel/Rediff.com
A chemical engineer, Anirudh gave up his high-paying job to work for welfare of farmers in Tamil Nadu.
With Mukesh Ambani taking over Network 18, the space for disseminating a diverse range of views could shrink, feels Paranjoy Guha Thakurta.
A month ago, Jasmeet Gandhi set out to cycle 1,000 kilometres to raise money for children afflicted with eye cancer. At the end of the journey from Mumbai to Bengaluru, during which he raised Rs 23 lakhs, he received a gift that changed his life.
Parth Gupta quit a good corporate job to work for the welfare of farmers in rural Madhya Pradesh.
How can 'first food' meet the challenge posed by factory-made 'fast foods' which are backed by marketing money and often come with 'traditional taste' tags attached to them? The first step would be to preserve knowledge about first foods, says Dinesh C Sharma.
The project is awaiting clearances from the DGCA.
Shriya Rangarajan has come a long way from the comforts of the western world.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Shuvajit was confident of making a huge difference in the lives of people in rural India.
'Not allowing people to speak or listen is the biggest act of anti-nationalism,' says Arvind Krishna Mehrotra, one of India's finest poets.
Preferential allotment of shares is back with a bang. Sample this: such allotments have more than doubled to 56 in March this year from just 24 in February. The number was just 15 in January.
With India's stock markets being one of the best performing among the emerging markets, a number of global pension funds are planning to make India-specific allocations.
Sources said HDFC Bank and Canara Bank would act as clearing houses. DSE had completed the demutualisation process in 2007 by selling 55 per cent stake to investors.
India's oldest exchange, the Bombay Stock Exchange (BSE), has approached the Securities and Exchange Board of India (Sebi) for listing its shares. Sources said the listing would be through an initial public offering. This will make BSE India's first listed exchange.
At a time when merger and acquisition (M&A) activity is still recovering, companies are finding solace in private equity (PE) funds for acquisitions. And, PE funds seem keen to participate in such deals.
Rise in portfolio value triggers higher dividends.
Advisory committee for lower charges, stricter compliance.
It's going to be India's most exclusive super-rich club, with membership restricted to those with a minimum investible surplus of $1 billion. Called Private Investment Club, it will launch its services from September 16.Members of the club will get preferred access to deals that Morgan Stanley will be doing. They will also get to co-invest with Morgan Stanley in deals as well as participate as limited partners in its global funds.
Sebi should change the way issues are graded, say experts. In fact, the higher the grade of an IPO, the poorer has been its performance in the market.
The government is considering a proposal to extend the benefit of tax pass-through to domestic venture capital funds on investments across all sectors in the coming Budget.
Real estate companies appear to be the worst hit by the ongoing global uncertainties, coupled with the new norms for primary market issuances.
The Securities and Exchange Board of India plans to tighten the rules for transfer of sub-accounts by foreign institutional investors.
Sunil Sanghai, the head of the investment banking team speaks on Goldman Sachs' India plans, mergers and acquisitions, and the regulatory arena.
The software is being developed in association with the Central Record-keeping Agency. It is expected to debut by the end of this year. PFRDA is also looking to have an ombudsman for redressal of investor grievances. To increase liquidity of the scheme, there could also be Tier-II accounts by the end of this year, which would allow investors to withdraw money at any given point of time.
After getting the go-ahead from the Reserve Bank of India (RBI), IDBI Bank is all set to apply to the Securities and Exchange Board of India (Sebi) for a mutual fund licence.
According to sources, the market regulator is planning to introduce colour forms for client registration in a bid to stop brokers from making changes after a client has filled up the form. Currently, there are boxes each for cash derivatives and debt, and investors have to indicate whether they want to trade in the cash market or futures and options. In some cases, brokers themselves click on the derivatives option without the permission of the client.
At least 14 mutual fund schemes have closed down, according to announcements made by fund houses. The reason: they had less than 20 investors in the scheme or a single investor was accounting for more than 25 per cent of the corpus. According to Sebi's guidelines, any scheme should have at least 20 investors. Also, no investor can account for over 25 per cent of the corpus.
Top Satyam executives accelerated sales of their shares in the company in close to three months before the company's aborted December 16 bid to buy two developers controlled by Ramalinga Raju's family.
For starters, the morning meetings at brokerages have been advanced to 8-8.15.
Move comes within months of acquiring Wockhardt hospitals. Fortis Healthcare, a hospital chain promoted by former Ranbaxy owners Malvinder Mohan Singh and Shivinder Mohan Singh, is close to a major acquisition overseas
