RBI ups margin on loans against shares to 50 pc
AS the stock markets touched their historic highs, the Reserve Bank of India, on a precautionary note, today asked banks to increase the margin on fresh advances against shares/financing of initial public offerings to 50 per cent up from 40 per ...
BSE to impose penalty for exceeding limits
MUMBAI: THE BSE has decided to impose penalty on stockbrokers in case they exceed the limits in individual stocks in Z group. If a member exceeds the limit of Rs 25 lakh in a single Z group scrip in a single rolling settlement or Rs 100 ...
Dividends fail to keep pace with rising profits
CALL it Corporate India's circumspection or penchant for holding on to cash flows, interim dividends declared do not appear to be factoring in the growth momentum or the all-round optimism about the economy. For instance, Elgi Equipments has ...
Seafood exporters in funds drive to fight dumping suit
THE seafood exporters under the aegis of the Seafood Exporters Association of India (SEAI) are on a fund mobilisation drive to fight the anti-dumping suit against the Indian shrimp exporters, which is slated to come up for hearing in the US on ...
Crisil to pick up 12.1 pc stake in NCDEX
Crisil Ltd has said it will pick up stake in the ICICI promoted-National Commodities Exchange Ltd (NCDEX). "Crisil will pick up 12.1 per cent of the equity share capital of NCDEX and the amount of investment will involve around Rs 2.662 crore," ...
Centre mulling further rate cut on farm loans
THE Centre is contemplating further cut in interest rates on agriculture loans from the present 9 per cent, the Union Minister for Agriculture, Mr Rajnath Singh, has said. Though he did not specify the quantum of reduction, Mr Singh told ...
They suffer no end for VRS money
IT is precisely seven years since Neelkanth Ganesh Jadhav began his wait. The 58-year-old has survived the maze of various courts, pinched pennies and sacrificed his daughters' future because his employer - - Carona Ltd - - has not paid ...
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