Sahara submits fresh proposal to SC to repay investor dues and secure release of Roy

The Sahara Group has submitted a fresh proposal to the Supreme Court to pay Sebi by March next year, 20,000 crore rupees, that it has to return to the investors. The court, however, asked Sahara to file it on registry and said that the proposal cannot be given to court across the table.Sahara said i...

SEBI asks mutual fund houses to make monthly disclosures about assets managed by them<br/>

The Securities and Exchange Board of India - SEBI has asked mutual fund houses to make monthly disclosures about assets managed by them. This will be applicable as part of the long term policy for the mutual fund industry, that was unveiled by SEBI on Monday. Through this policy, SEBI has further su...

Chidambaram: Stable UPA govt providing stability & strength to Indian economy

The Finance Minister P Chidambaram has rejected media reports that the hope of a stable government after elections is bringing in investments and driving up the capital market and the value of Rupee.Chidambaram, who is on election campaign in Sivaganga, Tamil Nadu said it is not the hope but the fac...

SEBI asks mutual fund houses to make monthly disclosures about assets managed by them<br/>

The Securities and Exchange Board of India - SEBI has asked mutual fund houses to make monthly disclosures about assets managed by them. This will be applicable as part of the long term policy for the mutual fund industry, that was unveiled by SEBI today. Through this policy, SEBI has further sugges...

Investments in domestic equity, debt and derivatives markets through P-Notes surge in 3 months

Investments in domestic equity, debt and derivatives markets through participatory notes, P-Notes, surged to the highest level in three months, at 1.73 lakh crore rupees in February. According to the latest data released by the Securities and Exchange Board of India, SEBI, the quantum of foreign ins...

Business houses set up 14 electoral trusts for funding political parties

With Lok Sabha polls set to begin in a fortnight at least 14 electoral trusts have been set up by various business houses, including by giants like Tatas, Reliance, Mahindras and Bajajs, for contributing funds to various political parties.PTI reports that according to data available with the Corpora...

India rejects US allegations; says IPR regime WTO compliant

Rejecting US allegations related to intellectual property rights (IPR), India on Sunday said that it is ready to discuss the matter at WTO as it has not breached any international agreement.Commerce and Industry Minister Anand Sharma told PTI that if there is any specific issue, they must inform us....

RBI to utilise unclaimed bank deposits of 3650 crore rupees for education and awareness among depositors

Business houses set up 14 electoral trusts for funding political parties

With Lok Sabha polls set to begin in a fortnight at least 14 electoral trusts have been set up by various business houses, including by giants like Tatas, Reliance, Mahindras and Bajajs, for contributing funds to various political parties.PTI reports that according to data available with the Corpora...

India rejects US allegations; says IPR regime WTO compliant

Rejecting US allegations related to intellectual property rights (IPR), India today said that it is ready to discuss the matter at WTO as it has not breached any international agreement.Commerce and Industry Minister Anand Sharma told PTI that if there is any specific issue, they must inform us. He ...