Some lenders in talks with LIC for pvt placement
Mop-up misses target as big FIIs skip issue.
Operators in this unofficial market are offering an upfront sum of anywhere between Rs 5,300 and Rs 6,000 to retail investors, who will get shares in the offer at a 5 per cent discount to the issue price.
Many factors leading to the 2008 financial crisis still exist.
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
The public-sector lenders were yet to get a formal proposal on sale from HSBC.
Inability of stocks to return to their highest levels is one of the reasons why retail investors have been reluctant to return to the market.
Buyer to pay tax on gains made on undervalued property purchase.
A sluggish industrial growth has impacted the corporate bond market, too.
Concern has been raised on the method of identification for providing tax credit and the requirement of a permanent account number for deduction of withholding tax. Industry had raised these two issues before a Central Board of Direct Taxes committee looking into the matter, said a senior finance ministry official.
Some companies are charged with undervaluing their assets.
As on December 31, government stake in IndianOil stood at 78.92 per cent.
Move could be a major relief to Vodafone.
A person familiar with the matter said the deal could be finalised in a month.
From the next financial year, the government will utilise the disinvestment proceeds for recapitalisation of banks and for subscribing to the shares of Central Public Sector Enterprises and preferential allotments.
Norms for e-commerce likely, arm's-length pricing set for change.
Three entities entrusted with job submit reports on black money estimation.
The sale will help the government to meet disinvestment target.
In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.
Lower returns seen drying up investor demand this financial year
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