Sebi busts phony investment syndicate

	Sebi busts phony investment syndicate Market regulator Sebi on Tuesday unearthed a phony investment syndicate in the national capital, wherein a large number of people could have been defrauded in the name of investments made by their deceased family members. Acting on an individual ...
	Bank licences by Oct, RBI expects 30 bids Reserve Bank of India (RBI) governor D Subbarao has politely, but firmly, turned down suggestions by Parliament members that new bank licences be auctioned as in the case of telecom spectrum. Subbarao met the parliamentary standing committee on ...
	Time ripe for bargain hunting in scrips, says Credit Suisse Even as various scrips have been sliding for quite a while, experts suggest selective buying. The benchmark exchange indices, the Sensex and the Nifty, have slipped nearly 10 per cent from their January highs. The hit in the mid- and small-cap spaces has ...
	Sistema cuts India spending until break-even MOSCOW | Tue Apr 9, 2013 9:53pm IST. MOSCOW (Reuters) - Russian conglomerate Sistema(SSAq.L) is holding back on major investment in its Indian mobile unit over the next three years to concentrate on making the operation profitable by mid-2015.
	USL to open offer amid concerns; KFA CEO to meet DGCA After over three months of delay, Diageo's much-awaited open offer for United Spirits (USL) is slated for Wednesday. But with the market price of the stock almost double of the open offer price of Rs 1,440 per share, there are concerns about the success of the ...
	Finally, a gas find at Reliance's D6? D6 block has been drawing public attention more because of its falling output after hitting a peak of 60 mmscmd in end 2009. Related. NEWS. Activity in Reliance's KG-D6 block to gather pace Reliance D6 audit will be done by CAG as per production sharing ...
	Govt set to face Glivec heat at chain of global meets The government may have to address concerns related to intellectual property rights (IPR) in several international forums through the year, following the recent verdict of the Supreme Court denying patent protection to Swiss multinational Novartis AG for its ...
	After Mittal, Ravi Ruia seeks quashing of summons in spectrum case Days after Bharti Airtel chief Sunil Mittal moved the Supreme Court seeking quashing of the summons in the additional spectrum grant conspiracy case, Ravi Ruia of Essar Group too today challenged the quashing of summons, which were issued by the ...
	SEBI-Sahara case: Subrata Roy, others summoned Wednesday Mumbai: In the high-profile refund case involving an estimated Rs 24,000 crore payment to over three crore investors, Sahara group's chief Subrata Roy and other top executives have been summoned for personal appearance on Wednesday before the ...
	ADB lowers India's growth projection for FY14 to 6% The Asian Development Bank (ADB) has scaled down its India growth projection to 6 per cent from 6.5 per cent for this financial year. In a report it has said that the deteriorating investment climate, structural issues and the worsening current account deficit will ...