Recently, the Securities and Exchange Board of India (SEBI) found that Karvy Broking had illegally diverted nearly Rs2,000 crore of clients’ shares to its own accounts. Equity brokers have defaulted in the past as well; but this is surely one of the largest cases. Also, remember that there is...
There is a new twist to the drama around the Sterling Biotech group whose promoters, while absconding from India, have offered a ‘settlement’ deal to a bunch of lenders, mainly public sector banks (PSBs) and institutions
Investing in high-quality (HQ) stocks is a logical thing for a certain section of people. If I have to invest in direct equities and have no expertise or time to actively monitor my picks every day, I would rather choose a Hindustan Unilever or a Nestlé or Bajaj Auto rather than a potential small company that could become a big company
Ever since the Union minister for road transport & highways, Nitin Gadkari, directed National Highway Authority of India (NHAI) to issue free of cost FASTags to people till 1 December 2019, the move has led to a lot of confusion among commuters over the payments.