Page-3 of Current Affairs - June, 2013

SEBI tightens buyback rules

June 27, 2013

SEBI has released new buyback norms and a number of other market friendly measures. Under the new rules: It is mandatory for companies selling shares to purchase at least 50% of the offer size. If they fail to do so, the ..

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India, Hungary sign pact for ‘Gas Monitoring System’

June 27, 2013

Following the MoU signed during the Vibrant Gujarat Summit-2013, for a gas monitoring system b/w Gujarat Info Petro Ltd, a subsidiary of Gujarat State Petroleum Corporation and Cason Engineering Plc, Hungary, both have inked a pact in pursuant to the ..

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Oprah Winfrey leads the list of Forbes Most Powerful Celebrities

June 27, 2013

World famous talk show host Oprah Winfrey has been assigned the top spot in the Forbes’ annual Celebrity 100 ranking of the most powerful celebrities. She leads a female-dominated top 10 that includes Lady Gaga, Beyonce, Madonna, Taylor Swift and Ellen DeGeneres. As per the rankings of Most Powerful Celebrities: ..

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SEBI relaxes foreign investment norms; a new category Foreign Portfolio Investors (FPIs) approved

June 27, 2013

In a bid to attract a larger number of foreign investors to Indian capital markets, SEBI approved a slew of changes. Among the major changes are simplification of registration and compliance requirements for foreign investors. As per new measures: A new category ..

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China's Shenzhou 10 Spacecraft returns safely

June 27, 2013

The Shenzhou 10 spacecraft (China’s 5th manned space mission since 2003) with its three astronauts touched down safely in north China’s Inner Mongolia after a successful 15-day mission in which they completed the final trial docking with the Tiangong (Heavenly Palace) ..

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FIIs pull out $ 5.3 billion from India debt markets

June 27, 2013

In just a month the Indian debt market has witnessed a sharp pull out of $5.3 billion by Foreign Institutional Investors (FIIs) and the bulk of this has been in government bonds. The selling led to vanishing of the $5.6 ..

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RBI auctions Inflation Indexed Bonds

June 26, 2013

The government has announced the sale of 1.44% ‘Inflation-Indexed government stock 2023’ for a notified amount of Rs.1,000 crore through price-based auction on June 25, 2013. The results of the auction, to be conducted using the uniform price method by the Reserve Bank of ..

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RBI extends deadline for banks to implement card security features

June 26, 2013

The RBI has provided the banks more time for introduction of additional security features for payment through debit and credit cards as banks and related entities had yet to put in place the requisite infrastructure.  The new deadline for banks ..

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