SEBI cuts no-delivery period
The Securities and Exchange Board of India (SEBI) has slashed the no-delivery period and book closure notice period for shares mandated for compulsory dematerialised trading.

NTPC plans to take equity stake in Pipava, Petronet
National Thermal Power Corporation (NTPC) will pick up 16.5 per cent in Petronet LNG and 26 per cent Pipava LNG terminal project promoted by the British Gas.

SC orders status quo in Rs 100 cr LC scam
The Supreme Court has ordered status quo on the demands raised by five banks against State Bank of India on account of discounting of bills in the over Rs 100 crore LC scam in West Bengal.

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