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market correction: Whenever the market corrects, it would be deep, sharp and won't give time to investors to exit: Rajat Sharma

“It is absolutely bonkers of a market where Nifty stocks continue to do well. There has to be a very strong reason for this market to fall but I can almost assure you that whenever that correction happens, it would be deep, sharp and it may not give time to many investors to move out of this market. The Indian market is unique that way.” ....

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Government's right to intercept for duly authorised legal causes will always be there: MoS IT

"As far as the government s right to intercept for duly authorised, legal causes like security, terrorism, etc (is concerned), that right will always be there with every sovereign government in any democracy, but those are accompanied with checks and balances. "We must understand that there is no utopian world or where George Orwell s sort of a situation is addressed completely," Rajeev Chandrasekhar said. ....

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Will resolve Mekedatu, Mahadayi and Krishna project disputes: Karnataka CM Basavaraj Bommai

Karnataka Chief Minister Basavaraj Bommai pointed out that there was a need for a small legal battle in the Supreme Court. He said he would make a sincere effort to bring water to Uttara Karnataka region after getting clearances. The chief minister also said that he would complete the contentious Mekedatu project on Cauvery river in the south of Karnataka and Kalasa Banduri project on Mahadayi river in the north. ....

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Retro tax: Tata Group, Sanofi Aventis among five firms looking to end litigation, arbitration with Centre

A clutch of large companies, including Sanofi Aventis, Mitsui & Co, WNS, Genpact and the Tata Group, are looking to settle lawsuits or arbitration proceedings against the government after it recently moved to nullify a 2012 retrospective tax amendment. ....

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Togo: IB Holding buys majority stake in State-owned bank BTCI

IB Holding, owned by construction mogul Mahamadou Bonkoungou, will get an 8.2% stake in the BTCI, one of Togo’s two remaining State-owned banks. This ....

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