Financial Express - India's leading business newspaper from the Indian Express Group

Sinha unveils new measures to instill confidence in markets

FM Yashwant Sinha on Tuesday announced corporatisation of stock exchanges, extension of rolling settlement to 200 A group stocks and legislative changes to give more powers to the SEBI.

Sensex plunges 227 points

The stockmarket continued its free fall on Tuesday, taking cue from where it left off on Monday, as the twin effects of the global stocks meltdown and the Sebi action on BSE broker-directors rocked the bourses.

Tehelka exposes political fixers in defence contracts

The Vajpayee-led NDA government appeared to be facing its worst crisis on Tuesday when a tell-tale saga of corruption in high places, involving BJP president Bangaru Laxman, Samata party chief Jaya Jaitley and senior defence officials, was exposed by Tehelkadotcom to the media.

Sebi official rebels against Mehta

In a sensational development on a day when Parliament was debating the market crisis, an official of the SEBI came out openly in revolt against Sebi chairman DR Mehta, accusing him of mismanagement and corruption.

TI Cycles launches Tiger to tame the Dragon

South India's leading cycle manufacturer is pedalling hard to stay ahead in the race. Cycle manufacturers in the country are already under pressure from cheaper Chinese ware being dumped in the market.