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Sebi
evaluating FII investments through 'certain routes'
Mumbai: A report has been submitted by the Securities
and Exchange Board of India to the finance ministry on
market developments in the recent past.
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MosChip
plans rights issue
Hyderabad: MosChip Semiconductor Technology Ltd
has drawn up plans to consider a rights issue to raise
additional funds for expansion.
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Brokers
in tax muddle
Mumbai: Stock
brokers may have to open their books to the tax man. The
income-tax department is scrutinising several cases where
brokers had claimed capital gains or losses, drawing on
the powers it has under Section 143 (3) of the Income
Tax Act.
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