SEBI Questions Fundraising on LinkedIn

Gold Silver Reports — The Securities and Exchange Board of India (Sebi) has written to LinkedIn Corp. asking if its social networking service provides a platform for people or start-ups to raise money publicly in violation of the Companies Act, according to two people aware of the development. LinkedIn has said it is not involved in any activities related to securities markets.

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FIIs go slow on Indian equities in July

Gold Silver Reports — Foreign institutional investors (FIIs) pumped around $388 million into Indian shares in July, the lowest since April, staying on the sidelines for signs of recovery in corporate earnings amid concerns over stretched valuations.   

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