The ruling was made by the Securities Appellate Tribunal, an independent quasi-judicial body that rules on appeals against orders passed by the Sebi.
The company had appointed a three-member committee of directors to implement the changes.
There is nothing specific announced for Chemicals Industry, however, reduction in customs duty
Sectors throw up a wishlist for the Finance Minister.
Voting for the 2014 general elections will begin in April and it is expected Budget 2014-15 will be presented in June.
India has eased foreign direct investment rules for the construction sector, the government said on Wednesday, in an effort to attract more money into the country to build new hotels, housing and townships.
The first Railway Budget of this Bharatiya Janata Party-led National Democratic Alliance government is a cosmetic exercise, high on rhetoric and low in substance, the CPI-M said.
The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.
The company plans to raise Rs 750 crore; other realtors may follow.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
Tax incentives to have cascading effect on the capital goods industry.
The Association of Mutual Funds in India (Amfi) has already taken up the matter with the market regulator and the finance ministry.
India is keen on the issue of equal share holding since it doesn't want a repeat of the distortions that have crept into Bretton Woods institutions like International Monetary Fund, World Bank and the Asian Development Bank in which rich countries like the US and Japan have a strangle hold.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
The government does not seem inclined, at least in the petroleum sector, to effect sudden and steep upward price revisions to tame its huge subsidy burden and rein in fiscal deficit.
India now faced a higher likelihood of a drought in some parts, as monsoon rain would be less than predicted in April, private weather forecaster Skymet said on Friday.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
Rivals say the concessions would benefit AirAsia alone.
In the run-up to the Union Budget, expected to be presented on July 10, this paints a grim picture for Finance Minister Arun Jaitley.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
APAs are part of govt's aim to move to a non-adversarial tax regime.
The original idea was to replace the existing schemes for scheduled castes and tribes.
Move to address MNCs' taxation woes; UK likely to be the next.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
The Railway Budget has impressed industry watchers.
The country has produced a record harvest, but many farmers in the onion bowl of Maharashtra have lost a large share of their crop damaged in storage, adding to the country's inflation woes.
Operators developing greenfield airports (built from scratch on undeveloped land) are likely to face increased competition, with the Ministry of Civil Aviation considering tweaking the norms to allow such airports to be developed within 150-km radii of existing ones.
Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.
However, the budget arithmetic is slightly optimistic.
If you plan it out, instead of rushing it in the last moment, you will realise how much you have saved and the difference it makes to your personal wealth.
Enhanced revenue generation is a priority for the government.
To provide similar extended time limit for payment of tax deducted from payments made to non-residents, it is proposed that the deductor shall be allowed to claim deduction for payments made to non-residents in the previous year of payment.
The 15th Lok Sabha will go down in the history as the most disrupted in Independent India so far including the pepper spray incident which marked a new low in parliamentary conduct.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
There have been two changes announced so far as MF taxation is concerned.
Education remains one of the key focuses of the new government.
When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.
The 35-year-old fails to understand how to decide whether a particular scheme should be kept in one's portfolio or not.