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SOURCES TO COGENCIES : Cabinet Approves Proposal For Abolition Of Foreign Investment Promotion Board SOURCES TO COGENCIES : Cabinet Approves Proposal On 2017-18 Sugarcane Prices SOURCES TO COGENCIES : Need For Cabinet Nod For FDI Over Rs 5000 Cr To Remain TATA INVEST Q4 EARNINGS : PAT Rs 16.1 Cr Vs Rs 22.3 Cr YoY TATA INVEST Q4 EARNINGS : Revenue Rs 35.8 Cr Vs Rs 32.3 Cr YoY TATA INVEST Q4 EARNINGS : To Pay Dividend Of Rs 18/Share PRASUN GAJRI HDFC LIFE : I.T. Stocks May Perform Better On A Short-Term Basis FROM REUTERS : KOC & Tata Group Sign Joint Venture To Tap Into White Goods Consumer Market

Something Seriously Amiss In NSEL Saga: Nirmal Jain

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August 14: When the NSEL news first came out, brokers said things seemed under control, but what prompted the outburst yesterday evening? India Infoline Chairman Nirmal Jain says, “Some investors have found out that stocks were lower than reported and many borrowers have lower net worth than their outstanding debt. Moreover, money collected was not disclosed on NSEL website.” If Jignesh Shah loses investor trust it will be the end of the game for him, he adds.