* AUTO: General Motors India has launched new editions of its sedan Chevrolet Cruze ranging from 13.75 mln rupees to 16.15 mln rupees.
* COAL: The inter-ministerial group on coal has reviewed status of 16 coal blocks belonging to various companies including NTPC LTD, STEEL AUTHORITY OF INDIA LTD, and JINDAL STEEL AND POWER LTD.
* ECONOMY: Finance Minister P. Chidambaram has asked financial sector regulators to take concrete steps to tackle any adverse impact of US Federal Reserve tapering its quantitative easing programme on the Indian economy.
* FMCG: Burger King will soon enter India through a franchising partnership with a company, headed by the present Chief Executive Officer of its UK operations and majority-owned by private equity firm Everstone Capital. Directors of Amul have accused Chairman Vipul Chaudhary of financial irregularities and misconduct, demanding his removal.
* INSURANCE: Life Insurance Corp of India holding over 13% stake in STATE BANK OF INDIA is not a cause for regulatory concern on any count, S.K. Roy, chairman of LIC has said.
* MUTUAL FUNDS: Securities and Exchange Board of India and the government are working on changes to the policy for mutual funds that could see them gain access to money from provident fund and other retirement programmes.
* REGULATORY: SEBI has said that it will permit small and medium enterprises, including start-ups, to list on institutional trading platforms of the SME exchanges without going in for an initial public offer.
* STOCK MARKET: Life Insurance Corp and IDBI BANK, stake owners of the National Stock Exchange, are proposing that private equity investors in the exchange sell their holdings to state-run institutions or wait for regulation to permit listing.
* COAL: The inter-ministerial group on coal has reviewed status of 16 coal blocks belonging to various companies including NTPC LTD, STEEL AUTHORITY OF INDIA LTD, and JINDAL STEEL AND POWER LTD.
* ECONOMY: Finance Minister P. Chidambaram has asked financial sector regulators to take concrete steps to tackle any adverse impact of US Federal Reserve tapering its quantitative easing programme on the Indian economy.
* FMCG: Burger King will soon enter India through a franchising partnership with a company, headed by the present Chief Executive Officer of its UK operations and majority-owned by private equity firm Everstone Capital. Directors of Amul have accused Chairman Vipul Chaudhary of financial irregularities and misconduct, demanding his removal.
* INSURANCE: Life Insurance Corp of India holding over 13% stake in STATE BANK OF INDIA is not a cause for regulatory concern on any count, S.K. Roy, chairman of LIC has said.
* MUTUAL FUNDS: Securities and Exchange Board of India and the government are working on changes to the policy for mutual funds that could see them gain access to money from provident fund and other retirement programmes.
* REGULATORY: SEBI has said that it will permit small and medium enterprises, including start-ups, to list on institutional trading platforms of the SME exchanges without going in for an initial public offer.
* STOCK MARKET: Life Insurance Corp and IDBI BANK, stake owners of the National Stock Exchange, are proposing that private equity investors in the exchange sell their holdings to state-run institutions or wait for regulation to permit listing.
