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Sebi turns heat on USE
After locking horns with the MCX Stock Exchange over violation of regulations regarding the shareholding pattern, the market regulator has now turned focus on the United Stock Exchange (USE), the newest one. The Securities and Exchange Board of India (Sebi) has asked USE to bring down the representation of trading members on its board, issuing a showcause notice. USE will eventually also have to ask
After locking horns with the MCX Stock Exchange over violation of regulations regarding the shareholding pattern, the market regulator has now turned focus on the United Stock Exchange (USE), the newest one. The Securities and Exchange Board of India (Sebi) has asked USE to bring down the representation of trading members on its board, issuing a showcause notice. USE will eventually also have to ask
Noida seals offices in residential areas
The Noida Authority Wednesday began implementing the Supreme Court directive against commercial establishments being run from residential areas, sealing 11 premises, including eight banks.
The Noida Authority Wednesday began implementing the Supreme Court directive against commercial establishments being run from residential areas, sealing 11 premises, including eight banks.
AI debt recast eludes banks
Air India's debt recast plan has hit a deadlock with both the national carrier and banks continuing to stick to their stand even as the regulator has disapproved providing dispensation, thus only
Air India's debt recast plan has hit a deadlock with both the national carrier and banks continuing to stick to their stand even as the regulator has disapproved providing dispensation, thus only
Indian Bank's profit crosses Rs 500-cr mark
Indian Bank is planning to raise around Rs 1,000 crore through Tier-II capital bonds, to augment its Tier-II capital. The bank also said it got nod from the bank’s Board to issue offer
Indian Bank to convert Rs.400 crore preference shares to equity
Public sector Indian Bank plans to convert Perpetual Non-Convertible Preference Shares (PNCPS) worth Rs.400 crore into equity at market rate soon even as it has the government's sanction to dilute 10 percent of its equity, a top bank official said Monday.
Public sector Indian Bank plans to convert Perpetual Non-Convertible Preference Shares (PNCPS) worth Rs.400 crore into equity at market rate soon even as it has the government's sanction to dilute 10 percent of its equity, a top bank official said Monday.
Indian Bank Q3 net up 7% to Rs 526 cr
Indian Bank has posted a marginal rise of 7% in net profit for the third quarter ended December, 2011 at Rs 526 crore as compared to Rs 491 crore in the same quarter a year ago. Total income
Indian Bank has posted a marginal rise of 7% in net profit for the third quarter ended December, 2011 at Rs 526 crore as compared to Rs 491 crore in the same quarter a year ago. Total income
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