Promoters, not investors should first feel the pinch: Sebi

Promoters, not investors should first feel the pinch: Sebi

The assertion comes in the backdrop of trading having been suspended in shares of more than 1,000 companies for several years for various penal reasons.In a stern warning on non- compliance of rules by listed firms, regulator Sebi has said the promot

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Britannia aiming for bigger bite of the rural market

Britannia aiming for bigger bite of the rural market

Some years back FMCG major Britannia Industries decided to launch small packs of biscuits, priced ₹5, and they flew off the shelves. Two years ago it broke into the country’s hinterland with similar, pocket-sized offerings of Good Day. Poc

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MF distributors relieved as FinMin does away with service tax levy

MF distributors relieved as FinMin does away with service tax levy

Mutual fund agents and distributors have cause for cheer as the Central Board of Excise and Customs (CBEC) has made it clear they need not fork out service tax on services provided by them. The liability to pay the service tax will fall on the mut

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Oracle Financial hits lifetime high post June quarter results

Oracle Financial hits lifetime high post June quarter results

Oracle Financial Services Software has rallied 4% to Rs 4,373, also its lifetime high on the BSE, after the company reported a 43% jump in consolidated net profit, on a sequential basis, at Rs 329 crore for the quarter ended June 2015 (Q1). The in

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