Sebi eases margin norms for futures In a move aimed at reducing risks from defaults in the derivative segment, market regulator Securities & Exchange Board of India (Sebi), on Monday, introduced cross margin facility for institutional traders, under which margin requirement for a futures contract will be reduced if the buyer holds stocks in the spot market.
Centre plans Institute of Corporate Affairs The government is to set up an Indian Institute of Corporate Affairs to serve as an independent think tank to suggest corporate social responsibility (CSR), it was announced Monday.
India Inc in for tough times, finds Crisil Indian corporates will continue to face pressure from high input costs, rising interest rates and rupee appreciation, said credit rating agency Crisil.
Traders at work on the floor of the New York Stock Exchange on Monday. US shares opened lower on Monday after Microsoft walked away from its takeover offer for unwilling Internet prey Yahoo and amid profit taking from last week's gains. AFP
Did Harbhajan Singh deserve the 11-match ban for his onfield misbehaviour with a fellow-player or is the punishment too harsh? Deccan Herald had invited readers’ opinion on the issue. Most of our readers opined that Harbhajan deserved the punishment as this is not the first time that the player has crossed the limits. Some readers questioned Sreesanth’s action in provoking Harbhajan and said both the players should amend their behaviour to suit the gentleman’s game.
