Market regulator Securities and Exchange Board of India (SEBI) rejected the demand of foreign institutional investors (FIIs) for extending the 1 October 2010 deadline to comply with new rules that require funds to have a minimum of 20 investors.
Reserve Bank of India (RBI) on 27 July 2010 raised its short-term policy rates to control inflation. The apex bank hiked the repurchase rate by 25 basis points to 5.75 percent and the reverse repurchase rate by 50 basis points to 4.50 percent.
The Indian broadcasters were upset by the 22 July 2010 tariff order of TRAI that directed them to offer television channels to addressable platforms such as DTH and IPTV at 35 per cent of the rates for a normal cable operator. The TRAI order mandated DTH players to offer pay channels on an a la carte basis latest by 1 January 2011 and also maintained that the monthly minimum subscription fee should not exceed Rs 150.