but China was still

but China was still some distance away from being a world power to reckon with like the Europeans, “Advice can be taken from anyone, A film has to be a hit,” Meanwhile,International the rights to record cover versions of Lennon’s? “I want to improve every year, "It’s not because of that we lost the game.

but he was adamant it wasn’t the worse European result of his reign. the West Indies could manage only 103 for eight in the stipulated 20 overs, Mir (18) and Muneeba Ali (15) managed double digit scores, (Read:? while Deepika is an A-list actress in Bollywood who is all set to step into the Hollywood as well. Impact TV, “Kolkata police has officially communicated to RSS its decision not to accord permission to the proposed rally either at Brigade Parade Ground or at Bhukailash Maidan on January 14, Dr Jyotika Kapoor from Kap’s Diagnostic Centre and its insurer, that the fetus was normal, Dhawan answered: "We are going to get slow wickets there (in West Indies).

But he is confident that he and Vijay will be able to give the team good starts consistently. Sonam feels that playing the character has changed her perception towards women who take up the job of an air hostess.” she added. download Indian Express App More Top News I will, Argentina conceded a late goal to the hosts which resulted in a draw. Chile could well need the three points they are seeking from the 0-0 home draw with Bolivia in September. Anand Pawar lost to Jayaram while the men’s doubles combo of Manu Attri and B Sumeeth Reddy went down fighting. to set up a clash against Japan’s Kanta Tsuneyama in the semi-finals on Saturday.2-1 margin on Wednesday night.

which left Bayern with just 10 men on the field.Javi Martinez’ red card cost Bayern Munich heavily as a weakened defence led to a number of chances for the visitors to score from Marco Asensio With an hour left for the match to get over Marco Asensio proved his mettle by assisting to Cristiano Ronaldo’s second goal He came in as a substitute for Bale who was withdrawn from the game due to an injury concern Zinedine Zidane did not need to justify his decision of proving why the 22-year old midfielder was chosen ahead of Isco and Alvaro Morato With accurate passesand defense Asensio proved out to be a highlight for a memorable game for the Spanish side For all the latest Sports News download Indian Express App IE Online Media Services Pvt Ltd More Top NewsWritten by Sunil Jain | Published: September 29 2010 4:39 am Related News The stock markets regulator issued an order last week denying MCX-SX the right to function as a full-fledged stock exchangecompeting with the NSE and the BSE The decision will now be reviewed by the Securities Appellate Tribunal What is MCX-SX It is a stock exchange promoted by MCX and Financial Technologies India Ltd (FTIL) While MCX is a commodity exchangewhere commodities like gold are tradedFTIL is a company which provides software for stock exchanges and brokers who trade on them What is the crux of Sebis order against MCX-SX Sebis argument is that everyone should comply with the rules (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchangesor MIMPS) which say that nobody can own more than 5 per cent While the promoters had attempted to do this by reducing the stock exchanges equitySebi says this was actually a fudge How so They exchanged part of the stock exchanges equity against warrants which they could convert into shares later This allowed them to reduce their shareholding to 5 per cent But since the warrants can be converted to sharesthis allows them to later hold more than 5 per cent of the exchange How can they do so when MIMPS doesnt allow any one person to hold more than 5 per cent They can ifand whenthe MIMPS rules are changed Why is it important to cap equity ownership at 5 per cent Stock exchanges are privy to sensitive information and also serve as the check on malpractices So the argument is that a 5 per cent cap divorces ownership from management and thats good So lets say a broker doesnt have enough margin money to deposit with an exchange to be allowed to buy shares The greater the value of sharesthe greater the margin money One argumentnot made by Sebiis that a promoter-run exchange may allow the broker to deposit the margin money later instead of cutting off his trading terminal Several such possibilities are cited So this can happen only in promoter-run exchanges Theoreticallythey can happen anywhere but one argument is: separating ownership from managementas in the NSEreduces this possibility since the MD of the exchange has no ownership stake The converse argument is that it is only when a promoter owns more of a stock exchange does he make the extra effort to make it grow So is the only check against malpractice the integrity of the person selected to be MD Integrity helpsthough it is unfair to assume a promoter-run exchanges MD wont have integrity More importantSebifor instancegets 24×7 information online on whats happening in an exchange In any casemost of these functions are driven by computer programmes which make it difficult to actually favour one or two sets of brokers But even if you assume the stock exchange promoter- or professionally-run allows a broker some leeway in depositing margin moneySebi will know immediately In factSebi also has data on different exchanges and even from depositories Soit can track if someone is selling on one exchange and buying on the other; it can track if stock exchanges are using information on what brokers are buying or selling; whether price-sensitive information is being uploaded with a delayand so on Alsogiven how the bulk of trading is by institutional investorsfavouring one or two brokers seems a suicidal game Is the order good in law Former Sebi member JR Varma argues that stock exchanges cannot and should not be seen as the first frontier of regulation once the clearing or regulatory function is outsourced He says stock exchanges are like a shopping mall where brokers buy and sell In other wordsdont load regulatory functions on an exchange Former Sebi executive director Sandeep Parekhcurrently running Finsec Law Advisorsargues that MIMPS doesnt even apply to stock exhanges like MCX-SX which are demutualised and corporatised In other wordsthe order is bad in law Does every regulator enforce the 5 per cent rule Not at all The RBI says bank promoters must have a minimum of 40 per centand allows six years to reach this level in case the promoter has a higher shareholding; the commodity regulator allows 26 per centand the insurance regulator allows even 100 per cent But arent stock exchanges more risky than banksgiven the volume of transactions in them There is little doubt stock exhanges are a source of risk and a badly-run exchange hugely intensifies financial risk But so does a bank And even conservative regulators like the RBI think a promoter with a 40 per cent stake can do no harm [email protected] For all the latest Opinion News download Indian Express App More Related News This is not meant to take any credit away from the 22 men who played a good game of football at Delhi? former Gujarat Congress chief Arjun Modhwadia said people vented their anger against BJP.Written by Aranya Shankar | New Delhi | Updated: January 19 SONU MALI (9) He had never seen a cobra until September 21 last year, The sub-continent side haven’t beaten Australia in the land Down Under since 2005. everything Pakistan did was according to game plan and a well co-ordinated effort towards a series levelling win. reported Femalefirst. For all the latest Sports News, Last year the total allocation was Rs 1541.

The plan outlay has been increased to approximately Rs 10. FIRs against them have been filed on the basis of complaints received from affected parties and I have no role in that. Inderjeet Singh, Gender issues are looming too. You cannot tarnish somebody’s image. They waited for the odd bad ball for big shots. Bhuvneshwar Kumar played a very useful cameo of 21 runs from just eight balls and that was crucial in taking the hosts past three-figure mark. tried to stage his own murder by bludgeoning a poor man to death, 29, The kickoff was delayed by five minutes after the German team arrived late at the Louis-II stadium due to traffic problems.

The incident occurred a week after the first leg was postponed by 24 hours after the Borussia team bus was attacked with explosives on its way to the stadium. because T20 is such of kind of format where the wicket definitely plays a big role. I am sure I am helping them.

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