Markets & Investing

BharatBook adds new report on "The Black Book of Outsourcing: State of the Outsourcing Industry 2010" which finds a high level of satisfaction among outsourced services users.

Market participants want the regulator to increase the maximum
permissible holding for domestic institutions in stock exchanges from
the current 15 per cent to 25 per cent.At present, investors who can buy up to 15 per cent in a stock exchange
include domestic banks and financial institutions, clearing
corporations, depositories and stock exchanges.
This is one of the important proposals put forward by a section of
the industry before the Bimal Jalan committee, set up to review the
ownership and governance of market infrastructure institutions. The

A slowdown in the global demand and hope of a better crop in the coming season have eased pepper prices in the international market.

Prices have increased 25-30 per cent since March this year.

Both the precious metals, gold and silver retreated from its overnight record highs on the bullion here today due to reduced off-take from stockists and retailers at higher levels. Weak overseas sentiment too weighed on the domestic market. Meanwhile, standard gold conquered yet another historic high at Rs 17,220 per ten grams in early trade. Silver ready (.

Indian Commodity Exchange Ltd (ICEX), which will go live soon, has enlisted 250 members. The majority of the members have been approved by the Forward Markets Commission (FMC) and the unique codes have been allotted.

The National Commodity & Derivatives Exchange (NCDEX) today launched futures trading in platinum to widen its presence in the metal segment. A total of four contracts in platinum were offered for trading today, of which the first contract will expire next month, while the rest three in March, June and September next year, the exchange circular said.

With the price of domestic cotton rising and a high level of export contracts, the Confederation of Indian Textile Industry (Citi) has renewed its demand for restricting the latter.

The Securities Appellate Tribunal (SAT) has set aside charges of insider trading against Dilip Pendse, former managing director of Tata Finance, and his wife Anuradha Pendse and Nalini Properties.

Domestic mutual funds booked Rs 12,639 crore profit in the first half of the financial year by selling equity.