MCX prepares road for FTILs complete exit
Tue, 19 Aug 2014 05:49:50 -0700Multi Commodity Exchange, has decided to ask the National Securities Depository Limited (NSDL) to defreeze 5% stake of its erstwhile promoter Financial Technologies. FTIL's 20% stake had a lock in since March 2012 when the MCX came out with IPO. ...
Gateway Distriparks rises on good response for Snowman IPO
Wed, 27 Aug 2014 23:29:59 -0700Gateway Distriparks gains by 5% to Rs271, after IPO of Snowman Logistics oversubscribed on second day of the bidding
Brokers write to Sebi for refund of deposits from MCX-SX
Tue, 12 Aug 2014 06:44:28 -0700Stock brokers who paid a deposit to become members of MCX Stock Exchange Limited (MCX-SX) equity segment are asking the bourse to return their money even as volumes in the segment have completely dried up. They have also written to the Securities ...
Brokers write to Sebi for refunds from MCX-SX
Tue, 12 Aug 2014 10:27:02 -0700Membership deposits were subject to three-year lock-in, brokers say should be allowed to withdraw following changes at the exchange
Snowman Logistics IPO opens today
Tue, 26 Aug 2014 01:00:38 -0700Snowman opens its 4.2 crore IPO for subscription today. The price band is fixed between Rs44 and Rs47 per share
Finance Ministry to give in-principle approval for UTI MF IPO
Tue, 19 Aug 2014 02:10:00 -0700Finance Ministry's which is expected to give approval for its initial public offer (IPO) of UTI Mutual Fund. Government has stake in the UTI via PSU Banks and LIC
Snowman Logistics files Red Herring Prospectus for IPO
Tue, 19 Aug 2014 00:09:26 -0700Snowman Logistics Ltd files Red Herring Prospectus for IPO: Positive for Gateway Distriparks
Lanco Infratech puts plants with 3,000 MW capacities on sale to reduce debt
Sun, 17 Aug 2014 23:39:00 -0700Lanco Infratech is going to sell power plants with capacity of 3,000 MW, stepping up efforts to liquidate assets and reduce debt which stands at Rs36000 cr
SEBI finalizes REIT, allows investment in realty stocks
Wed, 06 Aug 2014 00:09:38 -0700SEBI finalizes REIT, allows investment in realty stocks with lesser regulatory requirements, positive for real estate developers
Out with it
Thu, 31 Jul 2014 09:44:26 -0700The new companies Act is so replete with words such as arrest, imprisonment, fraud and penalty that many joke it was composed by the CBI! So lengthy and complex is the new law that even an offender will be caught unawares by the clause he is breaching.