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Sachin Mampatta is an award-winning Mumbai-based journalist who has led the data journalism team and covered stock markets for Business Standard. The data journalism team initiative has included products such as the weekly in-depth data journalism newsletter (Number Wise), Monday morning's Statsguru as well as daily stories and multi-part series. He has also covered stock markets since 2008 (at Business Standard and elsewhere) where his work included breaking news on regulatory developments, investigative stories, profiles and interviews of key market movers.
Sachin Mampatta is an award-winning Mumbai-based journalist who has led the data journalism team and covered stock markets for Business Standard. The data journalism team initiative has included products such as the weekly in-depth data journalism newsletter (Number Wise), Monday morning's Statsguru as well as daily stories and multi-part series. He has also covered stock markets since 2008 (at Business Standard and elsewhere) where his work included breaking news on regulatory developments, investigative stories, profiles and interviews of key market movers.
IDFC 'Equity Opportunity Series 1' opens on Tuesday 9 April, closes on Wednesday 10 April 2013
Move reflects fears over safety of money following the economic turmoil in Cyprus, which prompted the nation to impose haircuts on bank accounts, raise taxes and introduce capital controls
Hyderabad Stock Exchange was first to do so in January
Changes will affect incentives for trading on its equity derivatives segment
Stake of United Breweries in company has accordingly come down over 2%, from 17.75% to 15.73%
Diamond production had gone up 66% in FY12 with 18,043 carats as against 10,866 carats in previous year
The appointment was official from April 1 this year, the company said
Volatile market, confusion on tax incentives put off investors
Net buys of Indian equities stood at Rs 1.4 lakh crore, highest since FII investment allowed in the segment
Charges against Keyur Jagdishbhai Kakrecha, Mohammad Sadik Abdulkader Malek have not been established
Currently, the closing price is determined on the basis of the last half-an-hour weighted average price
Every Rs 1-cr FII inflow has coincided with a Rs 11-cr investor wealth erosion
The S&P BSE power sector, which tracks the indebted sector, also ended in positive territory up 0.56%
Bets on more government action
Everstone Capital, which has $1.5 bn in AUM, holds 14.71% stake in the company through its PE fund Indivision India Partners
Sebi amendment Bill had been passed by Rajya Sabha earlier this month
However, they are more aggressive when it comes to attempting to take profitable arms private
Experts say due to a bloated govt borrowings plan and RBI's hawkish stance, returns for such funds may be capped
Member brokers in cash equity segment are required to maintain Base Minimum Capital of Rs 10 lakhs based on their type and number of memberdhip rights
Asian fund managers go underweight