Saturday 28 Sep '13Matters could soon come to a head for Financial Technologies (India) or FTIL, the promoter of the crisis-ridden National Spot Exchange (NSEL), with the Forward Markets Commission (FMC) likely to issue a show-cause notice next week questioning the group’s “fit & proper” status.
Friday 20 Sep '13State Bank of India’s (SBI) decision to raise deposit rates and base rates has been driven by tight liquidity conditions left in the wake of RBI’s attempts to stem the fall in rupee by keeping domestic liquidity in check
Thursday 05 Sep '13A working capital crunch, exacerbated by the dramatic slide in the rupee, has forced Tata Power to rethink its expansion plans, the managing director of India’s largest private power producer told FE.
Wednesday 04 Sep '13Central electricity regulator CERC’s panel report could mean a R1,500-crore relief for Tata Power’s struggling Mundra power plant, but a final verdict is still sometime away, managing director Anil Sardana told FE.
Tuesday 27 Aug '13With the second tranche of payouts from NSEL due on Tuesday, Forwards Market Commission chief Ramesh Abhishek, in a conversation with Ira Dugal and Devangi Gandhi, says it is the responsibility of the exchange to liquidate stocks and take action against defaulters.