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  • Business

Can foreign brokerages crack the retail code?

 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......

Sebi slaps Rs 15 crore fine on Sharekhan

 Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other......

HSBC shuts brokerage arm in India; around 300 lose jobs

 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......

Sebi names 12 RIL entities in insider trading case

 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......

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