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

NDA shaken on the ides of March

The ides of March may mark a turning point for the Atal Bihari Vajpayee government. Defence minister George Fernandes resigned from the Union government in the wake of widespread demand for his exit following the defence deals scam revealed by Tehelka.com.

Sebi clears fresh reform initiatives

The Sebi board, which met here on Thursday, has decided to debar office-bearers like president, vice-president and treasurer from proprietary trading.

All hits, no misses at Tehelka.com

Clearly, even Tehelka.com had not expected so much commotion. At a time when most dotcoms are caught between the devil expensive pull campaigns to draw visitors to the site and the deep red sea a complete dry-up of funds Tehelka.com is scrambling to capitalise on the `Operation West End' blitz.

RBI set to allow one-year grace to pvt bank promoters to dilute state to 40%

RBI is all set to allow another extension for the promoters of new generation private sector banks to dilute their stake to 40%.

DF govt to stall DPC move to invoke counter-guarantee

Democratic Front government in Maharashtra, in a bid to put a brave front, has drawn a two-pronged strategy to counter the DPC's move to invoke counter guaratee and state guarantee for the non-payment of December bill of Rs 102 crore by the MSEB.