Investors

  • Bring more retail investors to market: Jaitley to Sebi August 10, 2014

    New Delhi: Pitching for greater transparency in rule-making and other functions of regulators, Finance Minister Arun Jaitley on Sunday asked Sebi to work towards attracting more retail investors to the capital markets. Addressing the board of the capital markets regulator, Jaitley also asked Sebi to consider new measures to address issues...
  • NSEL scam: Investors want action against brokers, defaulters August 2, 2014

    Mumbai: A year after the Rs 5,600-crore scam at National Spot Exchange (NSEL) came to light, aggrieved investors who are yet to get their money back, on Saturday demanded action against top brokers of the crippled bourse, arrest of all top defaulters and a Special Court for faster recovery. Economic Offences...
  • Current value of Flipkart is expected to be 5 million dollars July 30, 2014

    India's biggest online retailer Flipkart has raised 1 billion dollars in fresh funding. The current value of Flipkart is now expected to be 5 million dollars. The market size has increased. Internet is now at an inflection point, thus attracting a lot of investors to Flipkart. The latest round of...
  • Sensex at 10-day high, IT pack leads rally on TCS earnings July 18, 2014

    Mumbai: The benchmark Sensex on Friday surged over 80 points to close at 25,641.56, its highest in 10 days, on sustained buying by foreign funds in IT shares after encouraging earnings from TCS. After opening in the negative zone and slipping further to 25,441.24 on profit-booking and a weak global cues...
  • Investors pump in Rs 54,000 crore in mutual fund schemes in FY14 July 9, 2014

    New Delhi: Investors pumped in nearly Rs 54,000 crore in various mutual fund schemes in 2013-14, 23 per cent lower than the amount infused by them in the preceding fiscal, the Economic Survey on Wednesday said. "During 2013-14, mutual funds mobilised Rs 53,782 crore from the markets as compared to Rs...
  • Nifty surges to mark biggest quarterly gains since March 2012 June 30, 2014

    Mumbai: The Nifty rose 1.24 per cent on Monday as investors bought shares in recent outperformers such as State Bank of India, allowing the broader index to post its best quarterly gain since January-March 2012. The Nifty provisionally rose 13.36 per cent in the quarter concluded on Monday, the best performer...
  • Afghanistan woos India Inc; to give preference to Indian companies June 24, 2014

    Mumbai: Keen on attracting greater funds from India Inc in rebuilding the war-ravaged nation, Afghanistan will accord preferential treatment to Indian investors, a top official said on Tuesday. "Afghanistan has been a recipient of assistance for capacity building, infrastructure, community based business projects and humanitarian assistance from India. We intend to...
  • Piyush Goyal to meet bankers on Monday; discuss bottlenecks June 22, 2014

    New Delhi: In a bid to restore investor confidence in electricity generation sector, Power Minister Piyush Goyal will meet bankers on Monday to discuss the financing bottlenecks affecting the industry and the way forward. Goyal's meeting with the bankers may touch upon the key issues of delayed regulatory clearances which led...
  • Investors conclave: UP government signs deals worth Rs 35,000 crore June 12, 2014

    The Uttar Pradesh government on Thursday signed 20 initial agreements with corporates entailing investments worth Rs 35,000 crore. These MoUs include a pact with Reliance Jio for providing 4G services and commitments worth Rs 2,100 crore from the ITC group in multiple sectors. The Amity group has also signed a pact with...
  • With fresh investment, UP will surpass Brazil's economy soon, says Akhilesh Yadav June 12, 2014

    In a bid to attract private sector investments from across the globe and create jobs in the state, Uttar Pradesh Chief Minister Akhilesh Yadav on Thursday said that with fresh investments, his state will surpass Brazil's economy in no time. His comments came during 'Investors' Conclave' where top global and Indian investors from...
  • India @ 9 with Anubha Bhonsle June 9, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • Narendra Modi government sets out investor-friendly reform agenda June 14, 2014

    New Delhi: The new government will pursue a broad economic reform agenda focused on job creation through public and private investment that makes containing inflation its top priority, President Pranab Mukherjee told Parliament on Monday. The President told lawmakers elected in Prime Minister Narendra Modi's landslide victory last month that the...
  • Modi government plans Vibrant India Global Investor Summit: sources June 14, 2014

    New Delhi: In a bid to woo investors, the Centre is planning to replicate the Vibrant Gujarat Investors Summit at the national level, say sources on Monday. Sources add that Prime Minister Narendra Modi has initiated discussions for Vibrant India Global Investor Summit. Even though the dates are yet to be...
  • Subrata Roy to stay in jail, SC rejects his writ petition May 6, 2014

    New Delhi: In a setback for Sahara chief Subrata Roy, the Supreme Court has rejected his writ petition challenging his detention. Roy will therefore, continue to stay in jail. Roy had challenged the apex court's jurisdiction to detain him in jail for not refunding investors' money. The court has asked Subrata...
  • Will deposit Rs 3,000 cr within 3 days of Roy's release: Sahara to SC April 21, 2014

    New Delhi: The Sahara group has made a new proposal to the Supreme Court in the investors' payment case. It has now proposed to deposit Rs 3,000 crore within three days of its chief Subrata Roy's release. Sahara has also said that it will pay an additional Rs 3,000 crore by...
  • Sahara seeks contributions from employees to secure bail for Subrata Roy March 28, 2014

    New Delhi: Sahara has turned to its employees to help get chief Subrata Roy out of jail. In a letter to all its employees on Friday, Sahara sought a minimum contribution of Rs 1 lakh per head in order to pay Roy's bail bond of Rs 10,000 crore. The employees will...
  • Impossible to pay Rs 10,000 cr for bail to Subrata Roy: Sahara to SC March 27, 2014

    New Delhi: The Sahara Group on Thursday told the Supreme Court that it was "virtually impossible" to meet with its demand of Rs 10,000 crore in order to grant bail to the company's chief Subrata Roy. The court has adjourned hearing till April 3. Till then, Roy will stay in jail. Sahara's...
  • Investors' funds case: Sahara proposes to pay dues in 5 instalments March 25, 2014

    New Delhi: The Sahara Group made a fresh proposal to the Supreme Court on Tuesday in the investors' funds case. Sahara said it will repay the entire amount it owes to its investors in five instalments by March 31, 2015. The company said it will pay Rs 2500 crore within three...
  • Sahara moves SC, calls detention of Subrata Roy, other directors illegal March 12, 2014

    New Delhi: Sahara on Wednesday moved a petition before the Supreme Court saying its chief Subrata Roy and two directors had been illegally detained by the court. "They have been put behind bars for contempt, but they were never a party before the Supreme Court," the plea said. The SC will hear...
  • SC rejects Sahara's proposal to pay investors' money in instalments March 7, 2014

    New Delhi: The Supreme Court on Friday rejected a Sahara proposal to pay off its investors' money in instalments. Sahara had proposed to pay Rs 2500 crore of its unpaid dues in three working days and the rest of the amount in an-year-and-a-half. The top court lashed out at Sahara chief...
  • Sahara moves SC, offers to pay investors in instalments March 7, 2014

    New Delhi: The Sahara Group has offered to pay its investors in instalments. The group's lawyers moved the Supreme Court on Friday, saying that Sahara will make payments in a time-bound manner. The court has asked Sebi to study Sahara's proposal and give its views by 11.30 am on Friday. Sahara chief...
  • Sahara's Subrata Roy, 2 directors sent to Tihar jail till March 11 March 4, 2014

    New Delhi: It was a day of hectic and dramatic developments in the Supreme Court which heard the Sahara case on Tuesday. Subrata Roy along with two other company directors have been sent to judicial custody till the next date of hearing on March 11. The detention of the...
  • Have paid all liabilities except Rs 2000 cr, says Sahara February 28, 2014

    New Delhi: Hours after Sahara chief Subrata Roy's arrest, the Sahara group has released a fresh statement saying the company has repaid all liabilities of the OFCD except Rs 2,000 crore. The company says that 20 to 30 truck loads of documents have not yet reached Sebi despite all efforts. "Sahara...
  • SEBI rejigs committee on investor education and protection January 27, 2014

    Mumbai: Market regulator SEBI has revamped its advisory committee that provides suggestions on issues related to investor education and protection activities. The Securities and Exchange Board of India (SEBI) had formed the advisory committee for 'Investor Protection and Education Fund (IPEF)' in 2009. The committee is mandated to recommend investor education...
  • India-born investor Suhail Rizvi gains big from Twitter IPO, rakes in $3.8 bn November 8, 2013

    New York: Suhail Rizvi, an enigmatic India-born investor, has emerged as one of the biggest gainers from Twitter's high-profile public debut with his 15.6 per cent stake in the micro-blogging site worth a whopping $3.8 billion. Rizvi is the "non-boldface name of the moment", a report in the New York...
  • BJP PM candidate sells Gujarat growth stories to woo foreign investors October 14, 2013

    Ahmedabad: In an attempt to woo foreign investors, Gujarat Chief Minister Narendra Modi on Monday sold his Gujarat model of development. He was addressing the 2013 Global meeting of emerging markets forum. From democratic style of functioning to people's participation, Modi left no stone unturn to highlight various aspects of development....
  • Retail loans for festive season to be announced soon: Rajan October 5, 2013

    Raipur: Reserve Bank of India (RBI) governor, Raghuram Rajan, said the government was in talks with the bank to decide the contours of a package for retail investors for the festive season, which would be announced soon. Rajan was speaking in Raipur after the RBI's board meeting on Friday. Indian banks will...
  • Microsoft investors push for chairman Bill Gates to step down October 2, 2013

    Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter. While Microsoft Chief Executive Steve Ballmer has been under pressure for years to...
  • PM addresses 'mistaken' concerns about India's economy, invites US companies to invest September 28, 2013

    Citing long-term opportunities in sectors like infrastructure and defence, Prime Minister Manmohan Singh on Saturday invited US companies to invest in India while asserting that concerns about the country's growth prospects and economic policy environment are "mistaken". Seeking to assure the foreign investors, he told US industry leaders that virtually all...
  • Panel probing Odisha chit-fund scam extends deadline September 2, 2013

    Bhubaneswar: A one-man commission probing the multi-crore-rupee Odisha chit-fund scam has extended the deadline for submission of complaints to Sep 18, the commission secretary said Monday. The commission was appointed in May to probe the alleged fraud committed by chit-fund companies and suggest ways to safeguard the interests of investors affected....