New Sebi norms

Mumbai, June 19: The Securities and Exchange Board of India (Sebi) has come out with common regulations for market intermediaries, which include stock brokers, merchant bankers and portfolio managers.The regulations prescribe common requirements for all intermediaries for the grant of registration, general obligations, code of conduct and procedure in case of default.

CCI chief quits

New Delhi, June 19: Acting chairman of the Competition Commission of India (CCI) Vinod Dhall has put in his papers seeking an early exit, four months ahead of his term.

Ford launch

New Delhi, June 19: Ford has launched new variants of its sedan Fiesta with 1.6 petrol and 1.4 turbo diesel engines priced between Rs 6.2 lakh and Rs 7.15 lakh (ex-showroom, Delhi).

WTO meet

New Delhi, June 19: The World Trade Organization (WTO) ministerial meeting is likely to take place in the third week of July with negotiators narrowing differences on agriculture and industrial good and non-agriculture market access issues.

Textile trouble

New Delhi, June 19: Indian textiles is facing stiff competition from countries such as Bangladesh, Pakistan, Vietnam in the US and the European Union market. A study by Ficci said volatility in rupee value and archaic labour laws were impacting price competitiveness of India’s textile shipments.