Financial Express - India's leading business newspaper from the Indian Express Group

Sebi sacks elected directors from BSE board

In an unprecedented step, the SEBI late Monday night ordered all elected broker-directors on the governing board of the BSE not to act as directors until further notice.

Volumes crash, Sensex plunges 114 pts

Yet another bloodbath on the bourses on Monday, with the BSE Sensex falling by 114 points on very low volumes and the SEBI measures announced on Sunday failing to check a further downslide.

High Court to hear market crash today

A Mumbai-based investor and chartered accountant on Monday filed a PIL in the Mumbai High Court in wake of the recent capital market crisis.

No plans to cancel Balco deal -- Centre

The government on Monday ruled out the cancellation of sale of Bharat Aluminium Corporation Ltd (Balco) to Sterlite Industries.

Raw cotton exports may be put on OGL in Exim policy

Raw cotton exports are likely to be brought under the OGL in the new Exim policy ('01-02) to be announced on March 31. At present, these exports are allowed against quotas at the beginning of the cotton season every year.