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Hedge funds will come if growth sustains: Uday Kotak |
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Uday Kotak, Vice Chairman of Kotak Mahindra bank said that markets are reacting positively due to a lack of supply of stocks. Kotak added that it is difficult to take a judgement call on markets in the absence of complete clarity... |
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Points that still need clarity from Sebi |
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JR Varma, Former Sebi Member is amazed by the level of transparency in the Sebi decision. He said that he needs to see the exact fine print of the proposal passed, adding that the Sebi's press release does not say hedge funds. He said that... |
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FIIs keen on PNs as it helps avoid tax liability: O(x)us |
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Surjit Bhalla, Principal, O(x)us Investments, said reacting to the Sebi's new draft proposal on P-Notes, that FIIs are very keen on P-Notes system, because if they buy futures onshore, they have to pay tax of 30%..... |
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L&T sees sales growth at 30% in H2 |
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Larsen and Toubro has announced its second quarter numbers. It has posted 73% growth in its net profit of Rs 348 crore for the quarter ended September 2007 as against Rs 201.2 crore in same quarter of last year..... |
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