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Economy

Curb manipulation in commodities market: Jaitley to Sebi

Mumbai : With the commodity derivatives coming under Sebi’s jurisdiction, Finance Minister Arun Jaitley today said the regulator must ensure that manipulative activities are curbed in this market and expressed confidence that NSEL-like problems would be dealt with effectively. Jaitley, who formalised today the merger of Forward Markets Commission (FMC) with …

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SEBI slaps a fine of Rs 7,269 cr on PACL: Biggest Fine So Far

Mumbai: Sebi on Tuesday imposed a fine of Rs 7,269 cr on Jaipur-based real estate major Pearls Agrotech Corp Ltd (PACL) and its four directors for illegal mobilization of funds through collective investment schemes to purchase and develop agricultural land, between September 2013 and June 2014, all of which accrued …

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PM Modi’s trip costs $3,73,000 to Canadian taxpayers: Report

Toronto: Prime Minister Narendra Modi’s three-day visit to Canada earlier this year cost Canadian taxpayers 3,73,000 dollars, including 80,000 dollars on receptions and 1,06,400 dollars on a motorcade, according to a media report. file photo AFP The cost of Modi’s trip to Canada from April 15, the first official visit …

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India Inc finally catches e-commerce bug in economical growth

New Delhi,Ashish K Tiwari: Tatas, Birlas, Ambanis, Godrejs and Mahindras join the bandwagon, line up big plans to take on the online incumbents. Anand Mahindra-Kumar Mangalam Birla Anand Mahindra and Kumar Mangalam Birla Anand Mahindra-promoted $16.9 billion Mahindra Group has taken the lead in kick-starting a trend of diversified Indian …

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