Sebi puts curbs on HNI, 4 firms for manipulation

The Securities and Exchange Board of India (Sebi) on Friday banned Mumbai-based high net worth individual Sanjay Dangi and promoters related to him from dealing in equity markets.Promoters and......

India Inc's M&As fall by $27 bn: Survey

Mirroring a slowdown in the global markets the merger and acquisition spree of corporate India has been dampened registering a decline of as much as $27 billionso far this year, says a survey. "The......

Steel pipe makers head to West Asia

The West Asian region has emerged as a strategic market for the Indian steel pipe manufacturers. For instance, Man IndustriesLtd recently became the first Asian company to issue a global depository......

Of Welspun, Cyprus and the FEMA conundrum

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just......