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Pain balances out gain

The Reserve Bank of India’s boldest attempt yet to prevent a rout in the rupee delivered only a modest lift in the currency, but shares slumped and bond yields jumped as investors worried that policymakers might overplay their hand and damage economic growth....   | Read..
 

Fresh Purnendu move to scuttle HPL stake sale

The Chatterjee Group has moved the Supreme Court to stop the divestment process in Haldia Petrochemicals initiated by the Bengal government....   | Read..
 

Key Sebi role in chit act tweak

The government is likely to issue an ordinance later this week amending the Prize Chits and Money Circulation Schemes (Banning) Act of 1978 to include fraudulent pyramid ...   | Read..
 

Control main criterion for open offer

Market regulator Sebi today said any entity acquiring control of a listed Indian company would need to make an open offer to public shareholders even if “control...   | Read..
 

Posco to quit Karnataka

South Korea’s Posco today said it would pull out of a $5.3-billion steel mill development in Karnataka but will proceed with another $12-billion project billed as India...   | Read..
 
Pain balances out gain


 Press Releases
 

Exide bid to tackle inventories

Car battery maker Exide Industries is likely to lower production to tackle inventories. ...   | Read..
 
 
Briefs

Briefs

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DTC bill in monsoon session

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Gas meet

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Tea output

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Debt report

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Cipla buy

 
 
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