Sahara today disclosed that it wasn't the company's first time to raise funds via optionally fully convertible debentures (OFCD) route from the public. In a submission by Sahara, its counsel today raised the question of why SEBI was inactive over previous OFCD issues, reports CNBC-TV18's Tanvi Shukla.
In the SEBI-Sahara Optionally Fully Convertible Debentures (OFCD) tussle, Sahara admits to raising Rs 19,000 crore from over 1.21 crore investors. The MCA says, "Companies Act not in conflict of the SEBI Act. It only administers the section under it", reports CNBC-TV18's Tanvi Shukla.
French major Danone has begun its solo ride in India with the roll out of select food products in Indian stores. CNBC-TV18's Tanvi Shukla and Gopika Gopakumar take a look at the company's menu for India.
On the third day of hearing of the SEBI versus Sahara case, Securities Appellate Tribunal (SAT) asked Sahara Group to furnish details on mode used for raising funds, amount raised and also the number of investors.
After a pilot experiment last year, international retail giant Tesco, is set to introduce its product portfolio at the hypermarkets of its Indian partner, Trent, reports CNBC-TV18's Tanvi Shukla.
Panic selling may have hit markets globally on the back of S&P's downgrade of US sovereign credit rating but global brokerages still believe in the Indian market and are advising clients to selectively buy Indian equities.
For Indian FMCG companies, strong domestic growth was just the icing on the cake. The real growth came from international operations, and inorganic growth, CNBC-TV18's Tanvi Shukla and Swati Khandelwal Jain report.
CNBC-TV18’s Tanvi Shukla reports that Jeh Wadia, the joint Managing Director of Bombay Dyeing plans to focus on real estate and de-focusing from textiles and focusing more on retail part of the business.
There is bad news for all smokers. CNBC-TV18's Tanvi Shukla learns that cigarette maker ITC is all set to hike prices of a few of its brands. While the prices of 'Classic' will be increased by only 10%, other brands may see a bigger hike in rates.
Cigarettes to hotels major ITC beat analysts’ expectations as first quarter net profit rose 24.5% year-on-year to Rs 1,332.72 crore, on the back of sales growth across segments.
Tour operator Cox & Kings Ltd on Wednesday agreed to buy British specialist travel company Holidaybreak for 312 million pounds (USD 511.3 million) in cash.
Cash—it's a secret weapon Godrej Consumer has used to good effect. And after a year of sluggishness, its soap business is working up a good lather, reports CNBC-TV18's Tanvi Shukla.
The Indian Premier League (IPL) has not only garnered a huge fan following, it has also captured the interest of other sports. Indian hockey is now all set to go the IPL way. CNBC-TV18's Tanvi Shukla reports.
Raymond plans to open 400 new stores in smaller towns for their next phase of expansion. The company currently has 740 stores, 600 of which are under the company’s brand name ‘The Raymond Shop’.
SEBI Chairman UK Sinha has urged the mutual fund industry to increase its presence and portfolio for pension products. That was the key takeaway from the chairman's address at the Mutual Fund Summit today, reports CNBC-TV18's Tanvi Shukla.
Sebi might have approved BSE's proposal to launch an SME exchange. CNBC-TV18’s Tanvi Shukla and Swati Khandelwal report on why launching the platform is easier said than done for the BSE.
Two days before it was supposed to submit its final response to CCI's order, National Stock Exchange has come up with another reason to delay it.
Predatory pricing in the currency segment is not the only conduct where the Competition Commission of India (CCI) believes the National Stock Exchange is guilty. CNBC-T18's Tanvi Shukla learns that the second show cause notice also talks about exclusionary conduct of NSE on the trading software front.
Rivals Star and Zee have come together to form a 50:50 joint venture for TV distribution, a move aimed at generating combined revenues of over Rs 2,000 crore, report CNBC-TV18’s Tanvi Shukla and Priyanka Ghosh.
The average Indian has lost the plot—that's the indication from a Morgan Stanley research report, which says Indians are ready to cut down on savings, instead of cutting down on expenses. CNBC-TV18's Tanvi Shukla and Gopika Gopakumar report in detail.
In a move to boost retail participation in public issues, SEBI issued a circular stating that any discounts being offered to retail investors in a public issue should be adjusted for at the time of filing the application itself, reports CNBC-TV18’s Tanvi Shukla.
Coffee culture is gathering steam here in India. Global coffee giant, Lavazza, expects India to be its biggest revenue generator, after Italy, in the coming years. CNBC-TV18’s Tanvi Shukla and Vidhi Godiawala share that the company is setting up an Rs 120 crore facility in Chennai.
Competition Commission of India has sent a notice to NSE asking it to pay penalty for misusing its dominant position in the currency futures segment, reports CNBC-TV18’s Tanvi Shukla.
In a move to comply with the comprehensive economic co-operation agreement (CECA), the Securities and Exchange Board of India is considering exempting sovereign wealth funds (SWFs) from the 10% foreign institutional investment (FII) ceiling.
When he's not out on the field punishing the other team for leaving home, Sachin Tendulkar's interests have very little to do with the game of cricket. CNBC-TV18's Tanvi Shukla reports on what makes this god of cricket really tick.