Yes Bank to raise over Rs 16,000 cr through equity, bonds

Last Updated: Sunday, June 7, 2015, 19:07

The bank said that the shareholders' approval was sought for capital raising, which was passed with an overwhelming majority, "in line with the bank's vision of growing Yes Bank into a meaningful Large Bank by 2020", as also to further capitalise on the imminent revival in economic growth cycle.

RBI allows FIIs to buy more shares in Axis Bank

Last Updated: Wednesday, June 3, 2015, 22:40

Reserve Bank Wednesday allowed foreign investors to buy further shares in private lender Axis Bank as the stipulated limit has gone below the threshold.

NSE mid-cap beat Nifty in 1st year of Modi government

Last Updated: Monday, June 1, 2015, 14:05

All the sectoral indices barring realty and PSU banks have given positive returns.

FIIs/FPIs can invest up to 49% in Gammon Infra Projects: RBI

Last Updated: Wednesday, May 27, 2015, 18:23

The Reserve Bank on Wednesday said FIIs and foreign portfolio investors (FPI) can now invest up to 49 percent in Gammon Infrastructure Projects Ltd.

Shah Committee on MAT invites suggestions from stakeholders

Last Updated: Tuesday, May 26, 2015, 20:42

The high-level Justice A P Shah committee on levy of MAT on foreign investors has invited suggestions and representations from all stakeholders, including industry associations.

Shah Committee on MAT dues on FIIs holds first meeting

Last Updated: Monday, May 25, 2015, 18:34

The high-level Justice Shah committee on levy of MAT on FIIs today met for the first time as it looked to expeditiously give its recommendations to resolve the contentious issue that has riled investors.

MAT on FIIs: Govt constitutes Shah panel, Ashok Lahiri named member

Last Updated: Wednesday, May 20, 2015, 23:34

The Finance Ministry also said other tax issues would be also referred to the three-member committee in due course. Renowned chartered accountant Girish Ahuja is the third member of the panel, whose term is one year.

MAT: Former CEA Ashok Lahiri named member of Shah Committee

Last Updated: Wednesday, May 20, 2015, 20:55

Former Chief Economic Adviser Ashok Lahiri named as a member of Justice A P Shah Committee that will look into MAT dues on FIIs.

FIIs can now invest up to 49% in Glenmark Pharma

Last Updated: Tuesday, May 19, 2015, 21:26

The Reserve Bank Tuesday allowed foreign institutional investors (FIIs) to buy up to 49 percent stake in homegrown drug major Glenmark Pharmaceuticals.

Govt bonds over-subscribed; FIIs put in bids worth Rs 6,657 cr

Last Updated: Monday, May 18, 2015, 20:26

Signalling robust demand for government bonds, an auction of debt securities worth Rs 2,684 crore attracted bids that were more than twice the amount from overseas investors.

Shah Committee to go into all 'legacy' tax issues: Jaitley

Last Updated: Monday, May 18, 2015, 15:35

The Justice Shah Committee, constituted to go into levy of MAT on FIIs, will look into all important "legacy" cases, Finance Minister Arun Jaitley said blaming conflicting judicial rulings for the controversy on the issue that has riled foreign investors.

NSE corners 80% share in FII inflows into equities

Last Updated: Sunday, May 17, 2015, 16:53

On the NSE, the daily average turnover in the cash market has increased by 53% from Rs 11,856 crore a year ago to Rs 18,205 crore between mid-May 2014 and mid-May 2015.