The Securities and Exchange Board of India has named Reliance Industries and 12 other related entities in the list of 149 firms and individuals whose consent applications had been rejected.In a......
For multinational companies with high promoter holding, the new rule on a minimum public float for listed companies could well be a case of choosing between the devil and the deep sea. Not many are......
British financial giant HSBC said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290......
The Hongkong and Shanghai Banking Corporationon Friday announced it will acquire the Indian business of Royal Bank of Scotland worth $1.8 billion, a move that will help the British giant gain......
High cost, compliance requirements, low margins, lack of distinct offerings add to a lack of staying power in the segment. The recent deal between French bank BNP Paribas and Sharekhan has again......