Actor Kushal Punjabi, who appeared in films such as Kaal and Lakshya as well as the reality show Fear Factor, was found dead in his Bandra apartment, in north west Mumbai, in the early hours of Friday, police said.
Rashesh Shah, MD, Edelwiss Capital, said apart from participating in mega public offers, ADRs, and FCCB conversions, FIIs have started investing in the secondary markets over the last few weeks.
The US stocks slumped on Thursday on signs of further weakness in the housing sector.
Foreign institutional investors have been allowed to invest up to Rs 5,400 crore (Rs 54 billion) in Reliance Communications through ADRs or GDRs.
The company, which made the biggest ever acquisition in the Indian pharma history last year by taking over controlling stakes in DocPharma in Belgium, has finalised the Latin American deal and an announcement would be made soon.
Ruling out any relaxation in regulations, market regulator SEBI on Saturday said it will soon allow real estate funds, short selling by big investors and a system of stock lending and borrowing.
Companies going for overseas listing can now breathe easy, as the government has amended the ADR/GDR norms to allow them such issues for companies going for simultaneous listing of their shares or follow-on offers in international capital market.
Infosys directors - N R Narayana Murthy, Nandan Nilekani, T V Mohandas Pai (head of HR) and five others - have collectively offered 1.3 crores
A total of 130 candidates with serious criminal cases against them including related to murder will contest in the first phase of Bihar assembly polls on October 12.
The third phase will see the maximum number of seats going to the polls in this election spread across 12 states and 2 Union territories.
23 of the DMK's 24 candidates are crorepatis!
The government on Friday hiked foreign investment ceiling in private banks from 49 to 74 per cent and allowed foreign banks to set up subsidiaries in the country.
For some of the business majors, the fund outgo for the 2019 elections has risen as much as 15 to 20 times, compared to the amount given to political parties five years ago.
The government said that the massive amount of political donations were earlier made in cash by individuals or corporates using 'illicit means of funding'.
State-run gas firm Gas Authority (India) Ltd may list on the New York Stock Exchange or the Nasdaq by converting its global depository receipts into American depository receipts.
The markets opened on a positive note at 6,689 and climbed steadily by 30 points thereafter as sentiments were boosted after the Indian ADRs witnessed a strong rally on the US indices.
The FIPB on Friday cleared the long-pending proposal of HDFC Bank to hike foreign holding in the bank to 74 per cent.
Indian Divestment Minister Arun Shourie said on Friday that he expected to partly complete the asset sale in National Aluminium Co, the nation's second largest aluminium maker, by November.\n\n\n\n
The government on Friday said that the realisation rate of foreign direct investment inflows into India has been the highest in 2002 since 1991 at 191.08 per cent in rupee terms.\n\n\n\n
Its being offered under the restricted stock unit plans of 2005 and 2007
In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
Of the 137 candidates having criminal records, 78 candidates are facing serious cases such as murder, attempt to murder, kidnapping and rape.
Political parties in India have received funds to the tune of Rs 4,895.6 crore between 2004 and 2012, and the irony is that 75 per cent of these funds cannot be traced.
