In your interest.
Online Personal Finance Magazine
No beating about the bush.
The recent Participatory Notes (PN) imbroglio could so easily have been avoided! It isn’t difficult to see that things went wrong, not so much with the broad objectives that SEBI set out to achieve, but with the communication aspect that is so critical in managing any change.
SEBI would have done well to have consulted widely in advance and, more importantly, been seen to do so. That would...
I have submitted 1,000 shares of Diamond Cables Ltd. to my DP IL&FS, IN 300095, client ID 10571167 on 8 May 2007. Although more than five months have passed, I have neither received credit for the 1,000 shares nor any reply from the company, their registrar, Intime Spectrum, Vadodra, nor from IL&FS in this matter.
This is for the information of investors and readers, so that they know how...
I found the article titled ‘New Rabbit’ in MoneyLIFE very interesting. SEBI now wants to sell IPOs through the auction route, but before worrying about perfect price discovery when companies price their IPOs, SEBI should ensure that the same rules would apply when companies opt for delisting. They should give minority investors an exit at the highest price of the past three years as discovered...