NSEs lavish spend on Kohinoor City unjustified
In a down and out real estate market, National Stock Exchange (NSE) and its group companies bought a 80,000 square feet (sq ft) commercial space in Kohinoor City, near Vidyavihar station, for Rs15,000 per sq ft. NSE does have a huge office at Bandra Kurla Complex (BKC), then where was the need for another office, that too when there are plenty of spaces available at BKC itself?

If...

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A New Package for Financial Advisors?

What is your first product for the Indian market and who is it meant for?
It is a mutual fund distribution platform which will bunch all transactions of all the clients of each IFA. Right now, investors buy and sell fund units and deal with different funds directly. iFast’s product will aggregate all these transactions at the IFA level through a single account.

What are the benefits?

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Great Expectations

The Bombay Stock Exchange (BSE) seems to have taken the first concrete step to work towards a revival plan by appointing Madhu Kannan as managing director and chief executive officer. Mr Kannan is eminently qualified for the job. He has an engineering degree (electrical and electronics) as well as an MSc (economics) from BITS Pilani and MBA (finance) from Vanderbilt University in the US. He...

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