The Hindu Business Line : Friday, February 14, 2003

Nasscom, Nasdaq ink MoU
THE National Association for Software and Services Companies (Nasscom) today signed a memorandum of understanding (MoU) with Nasdaq to foster closer ties with the US financial market. As per the MoU, Nasdaq and Nasscom will implement a series ... More

REGULATORY BODIES & RULINGS

SEs told to get tough with erring listed cos
According to SEBI, exchanges must take action under Section 23(2) of the SC(R) Act, 1956, for any violation of Section 21 of the Securities Contracts (Regulation) Act, 1956. More

SEBI gives more time to set up registry agency
AMIDST pressure from industry chambers and professional bodies, the Securities and Exchange Board of India (SEBI) has extended the time for appointment of common agency for share registry work from February 1 to March 31. In December 2002, SEBI ... More

IPOS

Maruti IPO not this fiscal: Baijal
THE Government has said that the initial public offering (IPO) in Maruti Udyog Ltd (MUL) would skip the March 31 deadline set by the Disinvestment Ministry. "The IPO will not happen this fiscal. We are still working with SEBI to finalise the ... More

Divi Labs geared for IPR regime
AHEAD of its public issue next week, Divi Laboratories has indicated that its business model has been designed to deal with the proposed changes in patent regulations after 2005. In order to fulfil India's World Trade Organisation (WTO)-related ... More

ECONOMIC OFFENCES

Ketan plea for bail rejected
A DIVISION Bench of the Calcutta High Court comprising Mr Justice N.A. Choudhury and Mr Justice S.K. Gupta, has rejected the bail petition of the share broker, Mr Ketan Parekh. Mr Parekh was arrested by the Kolkata Police in Mumbai on December ... More

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