NEWS UPDATES: Financial Technologies: SEBI -Seeks written reply from company -Grants company time till March 16 to submit reply -To summon Financial Technologies (FT) for fresh hearing after reply is filed -Seeks clarification on impact of FT restructuring on MCX-SX Financial Technologies -Clarifies its position on Forward Markets Commission (FMC) fit & proper order -Clarifies on recent board decisions -Reiterates that it will not participate in rights issue New Companies Act to come into effect from April 1: Government Sources -Do not need enforcement directorate (EC) clearance to notify Companies Act rules -Will intimate EC before notifying Companies Act rules -No impact of code of conduct on compliance by companies -Companies Act rules to be laid in parliament post government formation -Have already notified corporate social responsibility spending rules S&P -Tariff change may weaken PSU power companies operating performance -NTPC EBITDA seen down 10-12 percent, profit to fall on new tariffs -New tariffs to have smaller impact on NHPC , Power Grid Financial Technologies -Merill Lynch Capital Markets buys another 2.6 lakh shares at Rs 370/share -It had bought around 2.3 lakh shares on Wednesday Aurobindo Pharma gets US FDA okay for generic of Avelox tablets United Breweries promoter creates pledge on 29.8 lakh shares on February 28 Central Bank of India sells entire stake in Credit Information Bureau to Transunion Bombay HC: Reliance Infrastructure filed defamation suit against AAP - hearing today
Posted on: Fri, 07 Mar 2014 03:47:15 +0000