IT Update
Sebi probe into Friday crash likely to open can of worms SEBI probe into the 176-point crash in the Sensex is expected to open a can of worms, with the stockmarket now abuzz with talk of not only the technology bull being in the picture, but also the fact that some of those in the alleged bear cartel may have links with a few office-bearers of the BSE. ICE investors lose Rs 9,000 cr in a year The heroes turned zeroes in just one year. Investors in technology-dedicated mutual funds have lost over Rs 9,000 crore during the past 12 months, which means a massive erosion of an average 70% in their market capitalisation across the board. `After the carrots, the stick will follow' After two days of live television debates and reams of newspaper comment, what was the most unexpected reaction to the Union Budget in FM Yashwant Sinha's view? The positive reaction of one predecessor and the negative reaction of another. FM plugs tax evasion via dividend stripping route FM Yashwant Sinha, in this year's Budget, has plugged a major loophole, which was utilised by investors to evade tax through the dividend stripping route. Computer games aren't toys only for boys To score a hit, computer and video game developers have traditionally targeted "Heat Seekers," 18 to 22 year old men with cash to burn on gadgets and games filled with guns and explosions.
Sebi probe into Friday crash likely to open can of worms
ICE investors lose Rs 9,000 cr in a year
`After the carrots, the stick will follow'
FM plugs tax evasion via dividend stripping route
Computer games aren't toys only for boys