In your interest.
Online Personal Finance Magazine
No beating about the bush.
Lobbyists for foreign institutional investors (FIIs) crowed with joy when the Securities and Exchange Board of India (SEBI) decided to reverse its decision to cap the issuance of Participatory Notes (PNs), a move that was then seen as a precursor to eliminating investment through this non-transparent route by the end of 2008. (PNs are financial paper issued overseas by foreign brokerage firms...
Tarika Vaswani on a charitable trust set up by a businessman that bridges the gap between the haves and the have-nots
What motivated a hard-working man, who successfully started two businesses that flourished, to venture into a whole new world of activity? What made someone who was living comfortably and enjoyed travelling with his family rethink his life’s mission? It was a near-fatal brain...
The Sensex had crashed 700 points and the mood was rather sombre, but the irrepressible Jignesh Shah was bubbling with confidence at being the first bourse to cross the regulatory divide and be permitted by SEBI to start a currency exchange. The first two were launched by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) just weeks earlier and, according to Shah, India...