| Business Standard: Markets & Investing News |
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Sebi cracks disclosure whip on credit rating agencies: The Securities and Exchange Board of India (Sebi) today asked credit rating agencies to disclose the fees they charge companies for assessing their debt profile and the default rate on their previous ratings.
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Buffett hints at India investments: Warren Buffett said on Saturday he plans to visit India next March and would not rule out the country for possible future investments.
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Japan Tobacco raises investment in Indian unit: The worlds third largest tobacco company by sales volume, Japan Tobacco Inc, has invested $65 million (Rs 293 crore) in its Indian unit without increasing its shareholding, just days ahead of a government decision to ban foreign direct investment (FDI) in cigarette manufacturing.
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Sebi to get strict with FII sub-accounts: The Securities and Exchange Board of India (Sebi) plans to tighten the rules for transfer of sub-accounts by foreign institutional investors (FIIs).
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Another turf war, this time with FMC: The Securities and Exchange Board of India (Sebi) may be heading for a fresh battle, this time with the Forward Markets Commission.
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Govt mulls 100% FDI in defence: The government is considering a proposal to allow 100 per cent foreign direct investment (FDI) into the countrys defence sector, despite stiff opposition from the defence ministry that has raised security concerns.
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Markets offer slide show: Stock markets across the world were enveloped in fresh fears of credit turmoil with the lowering of credit ratings of Greece and Portugal. Almost every single European index ended in the red on Wednesday. The Indian indices registered their worst single-day fall in almost three months.
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Sebi drops legal option on Ulips: Irda may approach government again.
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Govt may relax FDI in retail: 51% investment in multi-brand retail likely.
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Tougher FDI norms for housing: The finance ministry has called for tougher foreign direct investment (FDI) norms in the housing and township sector. It has also proposed stringent monitoring to ensure FDI rules are strictly followed in this sensitive sector.
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Of Rajat, Rajaratnam and insider trading: Goldman Sachs Group Incs November 2006 announcement of Rajat Kumar Guptas election to its board brimmed with his achievements: Worldwide managing director of McKinsey & Co; special advisor to the Secretary-General of the United Nations on management reform, co-chairman of the American India Foundation charity, whose honourary chair is former President Bill Clinton.
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UK regulator to investigate Goldman Sachs: The market watchdog in UK, Financial Services Authority (FSA), today said it would investigate the London units of Goldman Sachs Group Inc.
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Britain, Germany weigh action against Goldman Sachs: Britain joined Germany in calling for a probe of Goldman Sachs Group Inc after the US Securities and Exchange Commission (SEC) said it was suing the company for fraud.
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Sebi tightens norms for FIIs: Bans protected cell companies, seeks broad-based holdings.
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Euro bailout brings cheer to markets: The almost-$1 trillion euro zone bailout package has washed away, for now, all worries over the return of yet another bear phase in the markets, world over. And, the consensus among market players is that the rally should continue.
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New FDI norms for 'Indian' firms likely: FIPB may be asked to vet downstream projects.
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Global stocks slide on debt concerns: Stocks fell around the globe, erasing the 2010 gain for the MSCI World Index, and the euro weakened to a 12-month low on concerns that Greeces bailout may have to be extended to other indebted nations.
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Markets test lowest levels in more than two months: A sharp fall in the overnight US markets and fresh concerns related to the European credit crisis played havoc on Friday, as both the Indian benchmark indices fell to their lowest levels in more than two months. The Indian indices lost nearly 5 per cent in the last five trading sessions, making the week one of the worst in more than six months.
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Cell-shocked: Telecom stocks on crash course: Leading mobile phone operators came down hard on the telecom regulator on a day when most saw their stocks on a crash course.
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Sebi challenges SAT order on Takeover Code: The Securities and Exchange Board of India (Sebi) today moved the Supreme Court challenging the decision of the Securities Appellate Tribunal (SAT) that held that financial investors like PEs and VCs do not acquire controlling stake in a company by just picking up more equity.
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