EU launches crackdown on shadow banking


Special funds used by big companies to park billions of euros of cash face stricter rules to make them safer, the European Commission said on Wednesday, taking a first step to reform unregulated finan + Read more

Indian govt mulling to name, shame corporate defaulters


The government will consider a 'name and shame' mechanism to publicise the details of corporate and investment fraudsters to make the general public aware about identity and modus operandi of such ent + Read more

India Inc hit by surge in legal costs


India Incorporation has been reportedly hit by a surge in legal costs. + Read more

Sahara blames SEBI on refund issue


The Sahara group has blamed SEBI for acting in haste against it on the issue of refunding Rs. 24,000 crore to investors and asked the Supreme Court to pass an order to help it get out of the imbroglio + Read more

Govt gets flak for delay in reply on excess spectrum


The Supreme Court on September 3 pulled up the central government for delaying its reply in a case involving alleged allocation of "scarce" airwaves in excess of the + Read more

Delhi court fixes Oct 28 for hearing 2G case against Mittal, Ruia


A Delhi court has fixed October 28 for hearing the additional spectrum case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as an accused. + Read more

SEBI urges SC to punish Sahara chief


SEBI has made a forceful plea to the Supreme Court to punish Sahara chief Subrata Roy along with his two firms and their directors for not complying with its order for refunding Rs 24,000 crore to inv + Read more

Indian Finance Ministry forum to hear industry views on tax disputes


The finance ministry has constituted a forum for exchange of views between the government and industry groups on tax-related issues or disputes. The forum would be chaired by Parthasarathi Shome, advi + Read more

Sahara disregarded SC orders, says SEBI


The Securities and Exchange Board of India (Sebi) has told the Supreme Court that Sahara Group's two real estate companies disobeyed three court orders on returning Rs 24,000 crores to investors. + Read more
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