In today’s edition of Dinamalar there is a report on warning given by the Registrar of Companies, Coimbatore to the Companies which have not filed annual accounts with the office of the Registrar of Companies. While addressing Investors Awareness Programme conducted by ICAI and ICCI at Coimbatore he elaborately explained the rights of stakeholders and […]
In its order dated 6th January, 2009 the Madras High Court directed SEBI to consider the application of Coimbatore Stock Exchange (CSX) under exit option scheme of SEBI and pass orders before 31st March, 2009.
Even before the announcement of Exit Option for Regional Stock Exchanges by SEBI, Coimbatore Stock Exchange was the first to find out […]
SEBI is supposed to be the market regulator in India. Their main objective is to safeguard the interest of investors vis a vis operations in share market. In the case of Sathyam fraud SEBI is running from pillar to post to get statements recorded from its Chairman and MD. On 7th January, 2009 Sathyam Chairman B. […]
B.Ramaliga Raju’s startling revelations has brought to light the biggest ever corporte fraud in India. He has stated that inflated cash balance of Rs.5,040 Crores (Rs.50.40 billion) is non existent. There are many other inflated figures in the accounts of the Company and many did not find place in the accounts. It is a wonder […]
We wrote an article under category “Stock Market” on 2/12/2008 about the need for an early exit route to the dormant Regional Stock Exchanges which were like dead bodies undergoing treatment in Hospital SEBI. After reading this article one friend phoned me and said if it is dead body what prevents from burying it. For […]
The viability and need of Regional Stock Exchanges at the present scenario especially after the advent of NSE and its thundering success is a vexatious issue discussed widely all over India.
There are about 24 SEBI recognised Stock Exchanges in India. Out of which only two Stock Exchanges, viz Mumbai Stock Exchange and National Stock Exchange, […]
Jack and Jill went up the hill to fetch a pile of water. Jack fell down and broke his crown Jill came tumbling after. This is true for the Indian Stock market in particular and global markets in general. When US banks fell down Indian stocks came tumbling. Nobody knows when and where this will […]
