MUMBAI: To make it easier and cost-effective for investors who have lost certificates of securities (shares, bonds, mutual fund units) to get duplicates, markets regulator Sebi is proposing an easier process with a uniform set of forms. It’s also proposing to double the upper limit for issuance of the securities without an FIR and newspaper…
South Africa’s Marco Jansen, second right, celebrates with teammates (AP Photo/Anupam Nath) Guwahati: “To borrow a phrase, we wanted them to really grovel.” When South African coach Shukri Conrad uttered these words after stumps on Day Four, the press room was left stunned. The Indian team and its peripheral contingent, used to believing that they…
MUMBAI: Money sent overseas under RBI’s liberalised remittance scheme rose to a 13-month high of nearly $2.8 billion in Sept, driven by travel spending. The outflow was nearly 1% more than the $2.76 billion recorded a year earlier and 5% above the $2.6 billion in August. Under the scheme, resident individuals can freely remit up…
MUMBAI: Indian Continent Investment, a promoter group entity of telecom services major Bharti Airtel, is eying to mobilise about Rs 7,200 crore (about $806 million) by selling about 3.4 crore shares, translating to nearly 0.6% of the company’s equity) through block trades on Wednesday. Goldman Sachs India is managing the offer, the term sheet for…
BENGALURU: A homemaker in Karnataka has accused her husband of injecting her with mercury nine months ago, allegedly causing a slow deterioration of her health that led to her death.Vidya, who passed away on Monday at Victoria Hospital, made a pre-death statement from her hospital bed, claiming that her husband, M Basavaraju, had deliberately harmed…
NEW DELHI: India and Israel will soon begin negotiations for a free trade agreement (FTA), commerce and industry minister Piyush Goyal said on Tuesday and asserted that quick estimates show that merchandise exports have grown in November. “We will shortly be commencing negotiations virtually to begin with and moving into an early stage early harvest…
NEW DELHI: Tata Motors fired fresh competition in SUV market with launch of Sierra at an aggressive entry price of Rs 11.5 lakh (ex-showroom), aiming to take on Hyundai Creta, Maruti’s Grand Vitara and Mahindra’s Thar and Scorpio-N.The Sierra is an iconic SUV nameplate of nineties that the company has revived almost after 25 years….
NEW DELHI: Finance minister Nirmala Sitharaman Tuesday emphasised on simplification in processes and making systems more user-friendly in a review meeting with regional directorates and registrar of companies.In the meeting, the FM directed ministry of corporate affairs (MCA) that a live dashboard may be built to ensure that more transparency is brought to the systems….
New Delhi: Chief executives of public sector banks have asked to personally monitor top 20 cases pending for admission and top 10 accounts pending for resolution at the NCLT. This was conveyed during a review meeting undertaken by the secretary, department of financial services (DFS), M Nagaraju. The meeting was attended by senior officials of…
Chelsea’s Estevao, second right, celebrates with his teammates (Bradley Collyer/PA via AP) A night marked by wholesale rotations, defensive mistakes and a moment of teenage brilliance saw both Manchester City and Barcelona fall to damaging Champions League defeats on Tuesday. While 18-year-old Estevão lit up Stamford Bridge with a stunning solo effort, lapses at the…
