The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
Of the total investments made last month, P-note holdings in equities were at Rs 61,786 crore and the remaining in debt and derivatives markets.
The approval has been given to two AIFs by the Sebi within a period of less than one month, as per the information available with the market regulator.
Investors say they see large companies going through the grind, as their promoters struggle with liquidity because they are levered up at the holding company level and are starting to get margin calls thanks to the crashes in the stock market, and in the next six months, the targets that will come up for PE companies will make for a harvest season like never before.
Former Goldman Director Rajat Gupta, the poster boy of Indians at the Wall Street, was on Friday found guilty of illegally tipping off his friend Raj Rajaratnam of confidential market information, in one of America's biggest insider trading cases.
Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.
Offshore rupee debt was likely to attract good demand
The trial of Gupta, one of the most high profile Wall Street executives to be charged with insider trading, began in US District Court, Southern District of New York on Monday amid intense media glare.
Also to be questioned under oath by lawyers of the SEC and Gupta is Greg Ormond of Exemplar Wealth.
Raj Rajaratnam, the main accused in the largest hedge fund insider trading case in the United States history was on Wednesday found guilty on all 14 counts of securities fraud and conspiracy.
Gold ($1,895 an ounce) superseded platinum ($1,872 an ounce) for the first time on September 5, 2011, due to rising investment demand of the yellow metal as a hedge against the global economic uncertainty.
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
A support group for Gupta, known as 'Friends of Rajat', has urged his 'friends and well-wishers' to submit letters of support, in which they should write about Gupta's life and work.
The memo was submitted to Judge Richard Holwell, who is scheduled to sentence Rajaratnam on September 27.
According to the latest data released by market regulator Sebi, the total value of P-Notes investment in Indian markets (equity, debt and derivatives) declined to Rs 1,63,348 crore (Rs 1,633.48 billion) at the end of January from Rs 1,67,566 crore (Rs 1,675.66 billion) in the preceding month.
His prison term is set to end on March 2016.
While Toyota will acquire 4.94 per cent shares of Suzuki, worth $ 908 million, the latter will make a $ 454-million investment in the biggest automaker of Japan. Premium products from the Maruti stable such as the Baleno, Ciaz and Vitara Brezza will be sold under the Toyota brand with small changes.
Formula One teams headed to China on Monday still unsure whether their return trip would take in troubled Bahrain for the following grand prix next week amid safety fears and increasingly loud calls for that race to be cancelled.
Fund houses have been barred from being net sellers or holding net short positions at the scheme level in commodities.
From liquidity, monetary policy operations to financial inclusion, know about RBI monetary policy
United States President Barack Obama's estimated assets for the last year are valued at $8 million (Rs 43.3 crore), his latest annual financial disclosure forms show and he has up to $1 million (Rs 5.4 crore) in the JP Morgan Chase, the bank which is under the Federal Bureau of Investigation scanner.
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While cost pressures could partly offset the expected gains, given the currency hedging by companies the gains will not accrue immediately.
The pictures, which are believed to be genuine, are said to include images of the socialite, 33, at a wedding dress fitting and naked ones of her fianc, James Matthews.
Obama's statement prompted potential Republican challenger Mitt Romney to say that he continues to believe that "marriage is a relationship between a man and a woman" and that Obama had "changed his view" on the issue.
Under Sebi guidelines, AIFs can operate broadly in three categories.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
A top American diplomat has said asserting that the Trump Administration is moving quickly on its own strategy to fight against terror groups.
Gold prices are again moving up after a downward slide. But will this upward movement sustain? More importantly, should you buy more of the yellow metal now? Here's the answer.
Of the total investments made last month, P-note holdings in equities were at Rs 72,321 crore and the remaining in debt and derivatives markets.
To facilitate wheat exports of up to 1.5 million tonnes to Iran, discussions are on with Tehran with regard to lifting the 16-year old ban on the Indian grain, a government official said.
The sentence -- which some legal considered light -- seemed to be the result of the consideration by the court that Rajaratnam, 54, was apparently in poor health and despite being on the wrong side of the law, had contributed over the years to charities and for benevolent activities.
Writes to coal secretary; may move court today as it finds directors' response inadequate.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
'The Ladakh clashes are mere warning signals of the storm to come on May 22 when the Chinese parliament meets,' observes Colonel Anil A Athale (retd).
Rupee depreciation pushes apparel exporters' margins by 5-7%.
Start-ups raised $5.70 billion in 2015.
China is now the most significant strategic concern in Washington, as in most of the world's capitals, especially the democracies. Today, strategic autonomy has acquired a sharper definition: To ward off the Chinese challenge to India's territorial integrity, sovereignty and regional stature, observes Shekhar Gupta.
Indian-American Silicon Valley venture capitalist Vinod Khosla and his wife Neeru are among the latest billionaires to have pledged half of their vast fortunes to charity either during their lifetime or after death.
