Nasscom, Nasdaq ink MoU
New Delhi: The National Association for Software and Services Companies (Nasscom) yesterday signed a memorandum of understanding (MoU) with Nasdaq to foster closer ties with the US financial market.
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SEBI gives more time to set up registry agency
Mumbai: Amidst pressure from industry chambers and professional bodies, the Securities and Exchange Board of India (SEBI) has extended the time for appointment of common agency for share registry work from February 1 to March 31.
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Tech stocks go into a tailspin
Mumbai: Mounting tension between US and Iraq is giving sleepless nights to tech-savvy investors on Indian bourses. Technology stocks are at the receiving end in the current market, as the possibility of a war in West-Asia has raised concerns among market players about prospects of business from the US, the biggest overseas market for the local IT industry.
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Maruti IPO not this fiscal: Baijal
New Delhi: The Government has said that the initial public offering (IPO) in Maruti Udyog Ltd (MUL) would skip the March 31 deadline set by the Disinvestment Ministry.
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Divi Labs geared for IPR regime
Chennai: Ahead of its public issue next week, Divi Laboratories has indicated that its business model has been designed to deal with the proposed changes in patent regulations after 2005.
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Ketan plea for bail rejected
Kolkata: A division bench of the Calcutta High Court comprising Justice N.A. Choudhury and Justice S.K. Gupta, has rejected the bail petition of the share broker, Ketan Parekh. Parekh was arrested by the Kolkata Police in Mumbai on December 2, 2002, on a complaint of Calcutta Stock Exchange (CSE) over an alleged Rs 120-crore share scam.
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