Govt for plugging regulatory gaps in financial sector

	Govt for plugging regulatory gaps in financial sector Amid outcry over Ponzi schemes causing huge losses to common people, Finance Minister P. Chidambaram on Wednesday said there are regulatory gaps and efforts are being made to frame a new law to oversee financial sector. “The present arrangements ...
	Larsen Shares Plunge as Results Miss Forecast NEW DELHI—Larsen & Toubro Ltd., India's biggest engineering and construction company by sales, Wednesday posted a worse-than-expected drop in its January-March net profit, sending its shares to their steepest fall in more than three years.
	JustDial IPO over-subscribed 11.63 times on last day Mumbai: In a strong investor response, the initial public offer (IPO) of local search engine JustDial, the largest offer by an Indian internet company, was subscribed 11.63 times on the last day of issue on Wednesday. The Rs 950-crore IPO, biggest so far this ...
	Phaneesh Murthy may lose around Rs 84 crore in severance benefits from iGate New Delhi: Phaneesh Murthy, the disgraced former chief executive of iGate Corp, may lose as much as $15.09 million (about Rs 84 crore) in severance benefits after being sacked by the US-based firm for professional misconduct. Mr Murthy, who was sacked ...
	BSE Sensex falls 49 pts, Larsen & Toubro Limited shares hit by Q4 data Sliding for the third day, the BSE benchmark Sensex today fell by 49 points to close at a fresh one-week low, dragged down by a 6 per cent slump in L&T after its quarterly results failed to meet market expectations. After a better start at 20,220.35, the 30-share ...
	Bernanke touts benefits of easing, no hint of pullback By Pedro da Costa and Alister Bull. WASHINGTON | Wed May 22, 2013 7:39pm IST. WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover, and the central bank needs to see further signs of traction before ...
	L'affaire Ranbaxy: Why is nobody bothered about Indians' safety? Ranabxy Laboratories just gave the US FDA a stick to beat all generics makers, a lot much loathed by the Big Pharma lobby. The fear in the US about the cheaper versions of medicines is palpable. “As the Ranbaxy story makes vividly clear, generic-drug ...
	BrahMos supersonic cruise missile test-fired BrahMos supersonic cruise missile test-fired Panaji: India on Wednesday successfully test fired the 290-km range BrahMos supersonic cruise missile from the Navy's latest guided missile frigate INS Tarkash off the coast of Goa. The missile performed the ...
	Hot jobs reign with good salaries even amidst slower growth industries KOLKATA: Kelly Services, the global staffing firm released has its annual Indian Salary Guide 2013-14, which gives a detailed summary of the jobs/skills in demand in India along with the right salary benchmarking in each sector. The salary guide 2013 in ...
	Gold prices slip on profit-selling, silver prices gain Gold prices today slipped by Rs 30 to Rs 27,020 per ten grams as a result of profit-selling by stockists in the bullion market here. On the other hand, Silver prices rose due to high demand from industrial units and added Rs 100 to Rs 44,300, after a surge of Rs ...