The Forward Markets Commission has rapped NSEL hard once again, in a scathing letter to management. Why was only Rs. 92 cr. paid out? This is way lesser than ...
SEBI has published draft changes to the way companies report financial results. The revisions are available for public comment till Sep 13, 2013. Companies ...
In 1961, when Kennedy became President, the US was going through a recession. The answer was to lower interest rates, but since rates were higher in Europe ...
I’d noted yesterday that NSEL had received just Rs. 81 cr. of the 174 cr. it was supposed to pay out today. Turns out they didn’t get much more; they ended ...
(The name credit is to @eyeofsiva who will probably disagree with my opinion on it!) RBI has decided to panic as the 10 year bond went to 9.24%. In an ...
Kirit Somaiya has uncovered more interesting details on the NSEL borrowers. He finds that Mohan India and Tavishi Enterprises are linked (they are two ...
On the eve of the first “payout” by the NSEL to its members, the other parties (“defaulters”) who agreed on a settlement program involving paying over ...
Turns out TV-18 has fired 300 people last week and it seems this is across the channels – TV18, Awaaz, CNNIBN and Lokmat. One of the terminated ones said, ...
I had written in June 2013 that India should sell all the excess gold in temples. (Excess, because some gold is on the idols). This resulted in people getting ...
The Rupee is now 63.13 to a dollar, and at this point everyone has a good reason but no one really knows why. You’ll hear the standard stuff like oh, we have ...
