BS Reporter
BS Reporter
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Sebi clarifies schemes of arrangement
A scheme of arrangement generally refers to an agreement entered into between the company and its shareholders usually involving a court
 "Sebi clarifies schemes of arrangement")
Sebi doubles penalty for 'empty' algo orders
Also recommends suspending proprietary trading account of brokers routinely engaged in such activities
 "Sebi doubles penalty for 'empty' algo orders")
No takers for a third of Omaxe OFS; 2 more issues today
OFS for realty firm Omaxe was undersubscribed, with roughly a third of the stocks finding no takers on Tuesday
 "No takers for a third of Omaxe OFS; 2 more issues today")
India suffers from outdated notions: Nancy Powell
US ambassador to India, Powell pitches hard for further relaxation in FDI norms in India
 "India suffers from outdated notions: Nancy Powell")
FMC strictures for independent directors, MDs, CEOs of exchanges
FMC has asked exchanges to give effect to these guidelines, aiming to improve corporate governance, by August 31
 "FMC strictures for independent directors, MDs, CEOs of exchanges")
Odisha's tourism policy promises subsidy sops
The new policy has divided the state into three zones for the purpose of administration of incentive schemes
 "Odisha's tourism policy promises subsidy sops")
India to foot $8 bn for coal, fertiliser, scrap imports
Price outlook for most is moderate or lower compared to last year but import dependence is rising
 "India to foot $8 bn for coal, fertiliser, scrap imports")
Jewellery & Gem fair to focus on modern practices
The platform will help both jewellers and traders to know the latest trends in styles, industry practices and exporters demand
 "Jewellery & Gem fair to focus on modern practices")
 "Photo voltaic makers seek anti-dumping measures")
Punjab rice millers to invest Rs 350 crore in the state
To boost export prospects of Basmati and give impetus to much-needed agriculture diversification plan
 "Punjab rice millers to invest Rs 350 crore in the state")
Ahmedabad registers highest mall vacancy in first quarter of 2013
At 33%, the city's mall vacancy was higher than Pune (25.28%), NCR (15.69%), Mumbai (15.46%) and Bangalore (11.68%)
Gokaldas reduces net loss to Rs 11 cr
There has been no improvement in the apparel segment over the past few quarters
Dara Singh's son arrested in IPL spot-fixing scandal
Vindoo Dara Singh has been accused of having links with bookies
 "Dara Singh's son arrested in IPL spot-fixing scandal")
India, China signal thaw in border row
Eight pacts inked on various issues; Target set to increase trade 47% in 2 years; Easier visa regime on anvil
 "India, China signal thaw in border row")
 "Indian banks enjoy trust of customers: Gallup poll")
More steps possible on gold import: Chidambaram
FM also reiterates case for rating upgrade, PSB bank mergers
 "More steps possible on gold import: Chidambaram")
Changes possible in next tranche, says RBI
Based on initial experience, open to using CPI as base
 "Changes possible in next tranche, says RBI")