In crackdown,SEBI bars 35 entities from accessing securities market

In a major crackdown, market regulator SEBI has barred 35 entities from accessing the securities market. In a press release issued from Mumbai on Wednesday, SEBI informed that it has prohibited Rajesh Mangilal Ranka, SMS Techsoft (India) Limited, its 3 promoters, 3 independent directors and 28 other...

In crackdown,SEBI bars 35 entities from accessing the securities market

In a major crackdown, market regulator SEBI has barred 35 entities from accessing the securities market. In a press release issued from Mumbai on Wednesday, SEBI informed that it has prohibited Rajesh Mangilal Ranka, SMS Techsoft (India) Limited, its 3 promoters, 3 independent directors and 28 other...

Sensex falls 80 points on profit booking

Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 80 points, or 0.4 percent, to close at 20,895, on profit-booking by investors, amid weak regional bourses, on Wednesday. The Nifty at the National Stock Exchange fell 38 points, or 0.6 percent, to 6,215.Stock m...

In crackdown SEBI bars 35 entities from accessing the securities market

In a major crackdown, market regulator SEBI has barred 35 entities from accessing the securities market. In a press release issued from Mumbai on Wednesday, SEBI informed that it has prohibited Rajesh Mangilal Ranka, SMS Techsoft (India) Limited, its 3 promoters, 3 independent directors and 28 other...

RBI releases guidelines for setting up WOS by foreign banks

Gross direct tax collections surge 11.6 per cent

The government's gross direct tax collections rose 11.6 per cent, to 3.37 lakh crore rupees during the April to October period of the current fiscal. The government had fixed a direct tax collection target of 6.68 lakh crore rupees for 2013-14, envisaging a growth of 19 per cent. Gross corp...

Rupee plunges 77 paise to 62.39 against USD

At the interbank foreign exchange market, the rupee plunged 77 paise, to close at an over one-month low of 62.39 against the dollar. The rupee fell on concerns that the US Federal Reserve will look at scaling- back its monetary stimulus soon. The rupee was also weighed down by speculation that the R...

Sensex falls 80 points on profit booking

Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 80 points, or 0.4 percent, to close at 20,895, on profit-booking by investors, amid weak regional bourses, today. The Nifty at the National Stock Exchange fell 38 points, or 0.6 percent, to 6,215.Stock markets ...

Home loans likely to become costlier

Home, auto and consumer loans may become costlier with the country's largest lender State Bank of India ,SBI, raising its lending rates by 0.20 per cent with effect from tomorrow.The bank has revised the base rate or the minimum lending rate to 10 per cent from 9.80 per cent, SBI said in a ...

Sensex slips 80 points on profit booking

Falling for the second straight session, the Sensex at the Bombay Stock Exchange declined 80 points, or 0.4 percent, to close at 20,895, on profit-booking by investors, amid weak regional bourses, today. The Nifty at the National Stock Exchange fell 38 points, or 0.6 percent, to 6,215. Stock markets...