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SEBI Bars ESOPs Buying Shares From Market

In a notification, SEBI has barred all public companies from having their ESOP trusts buy shares from the secondary market. ESOP trusts can only be allocated ...

GAAR Deferred to 2016, Markets Rejoice

The Nifty crossed 6,000 yet again, on the back of news that the finance ministry isn’t really keen on the General Anti-Avoidance Rules (GAAR) and has ...

Happy New Year 2013!

Folks, hope you all have a great year ahead. 2013 is here and it’s time to celebrate the new calendar year, which means you have to write an entirely ...

New Business for Insurers Continues Decline in 2012

Insurers seem to be getting lesser new business, as new premiums (single premium policies + new regular premium policies) drop 4.2% in the first half of the ...

Mutual Fund Mis-Selling is now Fraud: SEBI

SEBI has made misselling a fraudulent practice by adding a clause into the "Prevention of Fraudulent and Unfair Trade Practices" Regulations, via a ...

FinMin Pressures RBI to Prolong Housing Bubble?

In response to buyers not being able to afford property and thus not allowing builders to buy more Bentleys*, the Finance Ministry has asked RBI to consider ...

No More Gold Loans From Banks

The RBI, in the October Policy banned loans against Gold, citing that it causes speculative trading in the yellow metal. A notification has now been issued: ...

Diwali Wishes and Predictions 2012

Happy Diwali, folks. It’s 2012, and this is the sixth series of the Diwali posts when I analyze my last year, and the last predictions and laugh my head ...

Argentina, Monetizing Debt, Insurer Dirty Play (Links)

Argentina is in some sort of a soup. A US court ruled that they must pay bondholders who "held out" against a debt restructing plan in 2005 at the ...

What I learnt at Traders Carnival

I presented at the Traders Carnival on Friday. Lots of learning, from some great traders present and overall, the impact to me has been of a yearning to return ...