Wednesday, August 17, 2011

[Aug 17] DLF fined for Rs 650 crore by Competition Commission of India

Goodreturns.in
Wednesday, August 17, 2011

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DLF fined for Rs 650 crore by Competition Commission of India
The competition watchdog of the country, Competition Commission of India (CCI), has imposed a fine of Rs 630 crore on DLF, the the biggest real estate developer of India.
Gold heading north over its safe demand
Gold rose again on Wednesday after French-German proposals for the Euro-zone debt crisis failed to ease investors’ concerns.
US based NRIs can also invest in Indian equities
Indian regulations do not prohibit investment in India by NRIs. But in countries like US and Canada, to protect the investors, the market regulator have placed some restrictions
Edelweiss MF launches new fund
Edelweiss Mutual Fund has launched a new scheme named as Edelweiss Select Midcap Fund. It’s an open-ended equity scheme for the price of Rs 10 per unit.
Who is an anchor investor?
The concept of anchor investors was introduced by Securities Exchange Board of India (SEBI) with the intention to improve the price discovery during Initial Public Offers (IPOs).
Indices
Aug 17, 3:45 pm
16,863.09
132.15
[0.79%]
5,056.60
20.80
[0.41%]
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