MMTC has joined hands with the brokerage firm India Bulls to set up a commodity exchange, which is good news for the two companies; but will someone in the government explain the steps taken to sort out a hive of regulatory issues that is bound to crop up after this unusual marriage?
If such a bourse is allowed to be set up by the Forward Markets Commission, then India Bulls, a capital...
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...
