Brokers target March-end for secondary mkt ASBA

Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as......

'Huge demand for life insurance products in India'

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.' Photograph: Kind courtesy LIC......

Discount vs traditional brokers: Cost dynamics, challenges ahead

Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back. Photograph: Arko Datta/Reuters The equity cult has grown at a rapid......

Uday Kotak will be non-executive board member in Kotak Mahindra Bank

Ahead of the end of his term as the Kotak Mahindra Bank's chief executive and managing director, Uday Kotak has said he will be a "non-executive board governance member and a strategic shareholder"......