Sebi clamps down on Rs 50,000 crore money-pooling scheme

Sebi said it is initiating further proceedings against the company. Reuters

Sebi ordered immediate closure of unauthorised collective investment schemes run by PACL.

Sebi seeks clarification on Kishore Biyani-led Future Retail's rights issueSebi proposes stringent norms for adequate disclosures by listed firms
The complainant said that after all his efforts failed, he moved an application in the court against Chanda Kochhar and Vinay Valse. Reuters
Court asks police to lodge FIR against ICICI Bank CEO Chanda Kochhar, another official

A local court has directed the police to lodge an FIR against Chanda Kochhar and Vinay Valse.

Beverages giant Coca Cola has shelved the plan to expand its bottling plant at Narendra Modi's constituency. Reuters
Coca Cola shelves Narendra Modi's Varanasi plant expansion

Incidentally, Varanasi is Prime Minister Narendra Modi's constituency.

Spice launches Fire One Mi – FX 1 smartphones in India, ties up with Snapdeal

Spice & Mozilla will unveil the product on 29th August.

Salman Khan 'Kick', 'Ajay Devgn 'Singham Returns' box office collections spark Rs 300 cr race

Salman Khan, Aamir Khan, Shah Rukh Khan, others in race, but who will turn into Rs 300 cr czar?

Bombay High Court grants bail to Jignesh Shah in NSEL case

Asks him to appear before EOW twice a week and submit cash surety of Rs 5 lakh

SpiceJet under I-T scanner for TDS violations

DGCA has also ordered an engineering audit of the low cost airline SpiceJet.

DDA housing scheme cleared, over 25,000 flats in Delhi's Rohini, Dwarka, Narela on offer

Registration to DDA flats after 5 years, clause for reserving 80% flats for Delhi residents rejected...
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PERSONAL FINANCE

Home loans: Making most of headwinds
Home loans: Making most of headwinds

Banks and non-banking financial companies (NBFCs) are getting active to make sure they get the maximum number of home loan borrowers when growth in real estate picks up.