The I-T department is baffled by the new trend of huge amounts of cash being used to buy financial products which they suspect is black money. Tax officials have investigated a number of cases in which investors have bought insurance policies by pay ..
Mutual fund investors will soon get more value on their investments. Market regulator Sebi on Thursday abolished entry load the fee that is deducted from the amount of money one invests in an MF scheme for all schemes.At present, fund houses are allo ..
The Union Cabinet has given its nod for raising the upper age limit of the members of the securities appellate tribunal (SAT) to 65 years from the current level of 62 years. An amendment to the Securities and Exchange Board of India Act 1992 would b ..
India's capital markets regulator on Thursday unveiled a series of measures to attract investors and boost confidence in the stock market. The Securities and Exchange Board of India (SEBI) approved the "anchor investor" concept under which ..
Mukesh Ambani-led group companies lost a whopping Rs 32,574 crore in market capitalisation today, while Anil Ambani group firm RNRLgained Rs 3,438 crore after the Bombay High Court asked RIL to supply gas to the ADAG firm at USD 2.34 per mmBtu.The Mu ..
The Central Vigilance Commission (CVC) has asked public sector banks (PSBs) to fix accountability for small loans that turn into non-performing assets. The CVC, after an audit of some PSBs, has written to the chiefs of the banks that a cut-off amount ..
The Securities Laws (Amendment) Act enacted in 2005, incorporated section 21(A) in the Securities Contract Regulation Act (SCRA) to allow delisting of securities necessitating the creation of a delisting Framework. In order to provide statutory backi ..
The market regulator securities and exchange board of India (Sebi) has notified the Sebi (Delisting of Equity Shares) regulations, 2009, which would govern the normal guidelines to be followed by a company for delisting its shares from a stock exchan ..
The Competition Commission of India (CCI) is organizing a two-day National Conference on the ‘State of Competition in the Indian Economy’ starting tomorrow. It is being organized in collaboration with the World Bank, and the Department o ..
India's industrial output rose by 1.4 per cent in April from a year earlier, rebounding after declining three times in four months, data showed on Friday.The figure was higher than a forecast for an annual decline of 0.2 per cent in a Reuters poll o ..
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