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Ambani vs Ambani: RIL's affidavits
RNRL's submissions on the MoU
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In 1992, when the NHB’s deep involvement with Harshad Mehta became public, the government used all its powers to ensure that NHB, was protected and not wound up.
If the government is serious about investor protection, it will have to examine each issue in depth and frame clear-cut rules. Otherwise, we will have to reconcile ourselves.
In a country where elections are lost over the price of onions, it is natural that the PM would be concerned about the media beaming a lopsided view of economic prosperity to people.
The rush into retail financing makes it pertinent to remember that the South Korean credit card crisis of 2004 saw a whopping four million people default on credit card bills.
Last week, there was a ripple of excitement in the capital market when Sebi finally cleared the path for realty major DLF Ltd to make an initial public offering.
India’s rapid economic growth has mainly been due to the dismantling of government controls. An attempt to reintroduce monopolistic pricing must be strongly opposed.
The latest credit policy statement says that banking ombudsmen have been “receiving several complaints about excessive interest rates and charges on certain loans and advances”.
In India, the Sebi will hopefully reduce the large pool of pending cases by allowing people to opt for a settlement process where they agree to pay a fine without admitting guilt.
