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SAT
rejects Triumph Intl plea for interim relief
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The Securities Appellate Tribunal
(SAT) on Friday rejected the application of Triumph International
Finance India Ltd (TIFIL) to provide interim relief to start
its stock broking and merchant banking business. |
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...pulls
up BSE for denying Ask me preferential share lising
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In a remarkable judgment, the
Securities Appellate Tribunal (SAT) has pulled up The Stock
Exchange, Mumbai (BSE) for denying the listing of the preferential
shares of Ask me Info Hubs Ltd. |
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Ketan
Parekh gets conditional bail
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Stock broker Ketan Parekh,
arrested for alleged fraud and misappropriation of public funds
belonging to Madhavpura Mercantile Cooperative Bank (MMCB),
was given bail on Friday, on condition that he would pay Rs
16 crore to the bank within three to six months. |
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STREET
SMART: Bank stocks no longer hot with Jordan Flaming
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The last minute rally
at tech counters on Friday did relegate Castrol India to the
sidelines. But, there was no denying the institutional demand
for the scrip, judging by the firm trend at the counter throughout
the day. With Cap-It-All easing his finger on the sell trigger,
other fund managers are reported to have started accumulating
shares of the lubricant major. |
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