Sebi warns India Infoline to exercise caution over content
The Securities and Exchange Board of India (Sebi) has asked India Infoline Ltd to exercise due care and diligence to ensure that persons with proven credentials of giving fair and truthful information and analysis are allowed to give advise on its portal indiainfoline.com so that the portal is not misused by persons giving advice purely on considerations of personal gains. India Infoline Ltd is a Sebi registered stock broker, portfolio manager and a merchant banker.
The Sebi remark came in the wake of a cease and desist order passed by its whole time member G Anantharaman in the matter of Lalit Dua, a Sebi registered sub broker and his associates entities on indiainfoline.com in certain shares and dealing in those securities by them. Sebi restrained Lalit Dua from giving any recommendations about any investment in the securities market in any public media which amounts to violation of Sebi’s FUTP Regulations. Harshad Apte, associate vice-president, India Infoline said, “As part of our investor service covering corporates, finance & capital markets we publish own research as well as research reports of other professionals. Some of such research reports were of Lalit Dua.
More: financialexpress.com
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Tough times ahead: Media warns England on India tour
With the Ashes bubble finally pricked in Pakistan, the sinking reality had prompted the English media to issue a warning for their team on the upcoming India tour.
Pakistan handed out a crushing 2-0 defeat to the Aussie conquerors including an innings and 100 runs defeat in the Lahore Test. The Ashes glory of summer did not last long and took just three months to dissipate in thin air.
''Learn they must -- patience, discretion, technique, strategy -- and absorb the lessons pretty fast, too, before they face India's batsmen and spinners
India-Sri Lanka one-dayers cancelled
The three-match series between Sri Lanka and India, which has seen all of 22 balls of action, has been cancelled and will be played at a later date.
After consultions with the Indian board, and bearing in mind the weather conditions, it has been decided to cancel the series and stage it at a later date, said Samantha Alagama, the media manager of Sri Lanka cricket. It will be played as a tri-series, as originally planned, some time in 2007, most likely after the World Cup. That exact dates and itinerary will be decided after consulting with
India & Britain begin joint naval exercises
After the Americans, Russians and French, its now the turn of the British to match their combat skills with Indians.
India and Britain began their largest-ever joint exercise in recent times on Wednesday, with their navies preparing to launch combat manoeuvres off the Goa coast.
In a first during the exercise named Konkan, which will end on May 29, Indian Sea Harrier jump-jets will operate from the Royal aircraft carrier HMS Illustrious as part of the dissimilar air combat and combined maritime-air operations.
More: timesofindia.indiatimes.com
All-India meet on internal auditors from Feb. 10
To keep abreast of the latest techniques in the internal audit, Chennai chapter of the Institute of Internal Auditors would be hosting a two-day 30th All India conference on the internal auditors from February 10.
The theme of the conference would be 'Beyond Assurance- Enhancing Enterprise', leading internal auditors here today said adding that the conference would discuss the paradigm shift in role and responsibility of the internal auditors.
With the changes in SEBI guidelines in India and Sarbanes Oxley Act in the United States, the role of internal auditors had increased,
India name unchanged squad for final England Test
Indian selectors named an unchanged squad for the final Test against England.
India won the rain-interrupted second Test in Mohali by nine wickets to take a 1-0 lead in the three-match series after the first Test in Nagpur ended in a draw.The third Test begins in Mumbai on Saturday.
Rahul Dravid (c), Virender Sehwag, Wasim Jaffer, Sachin Tendulkar, Vangipurappu Laxman, Mohammad Kaif, Yuvraj Singh, Mahendra Dhoni (wicketkeeper), Irfan Pathan, Shanthakumaran Sreesanth, Anil Kumble, Harbhajan Singh, Rudra Pratap Singh, Munaf Patel, Piyush Chawla.
Soure: abc.net.au
