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Popular Articles

It's discount season in jewellery mart
Jewellery makers and gold retailers are pulling out all the stops to bring back customers. The sharp rise in gold prices has meant dwindling sales and so discount offers have gone through the roof.

Zylog launches VoIP services in Gujarat
Zylog Systems India Limited, a software solutions and service provider, has launched its Voice over Internet Protocol (VoIP) services "Wi5 Mega Talk" in Ahmedabad. The service will be available in all leading cities of the state.Customers can now experience a clear, undistorted communication with no lag or echo via a high-speed Internet connection at an extremely affordable cost.

News of the day

Some of upcoming realty IPOs may falter: consultant
A couple of real estate initial public offers (IPOs) may falter from around 15 lined up over the next few months if the issues are not reasonably priced, a realty consultant said.
Public Relations

One phone and address but 38 different entities

They have different names, but as many as 38 foreign venture capital investors (FVCIs) incorporated in Mauritius and registered with the Securities and Exchange Board of India (Sebi) have the same address and phone and fax numbers. - Record raising of funds in 2010 - NSE brokers to approach Sebi, govt on extended trading hours - Mandatory open offer for 100% stake in the works - Sebi may allow higher stake for buyers - Ringing in more changes - PSUs fail to meet Sebi criterion on directors According to Sebi data, 97 per cent of FVCIs are incorporated in Mauritius. Out of the 135 such entities, 131 are registered in the island nation. According to the Sebi list, the address — IFS Court, 28, Cybercity, Ebene, Mauritius — is common to 38 different funds. The list gives details of the FVCIs registered since 2001. The phone number (230) 467 3000 — and fax number (230) 467 4000 — are also the same for the 38 FVCIs.


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