Brokers exit cash segment, numbers drop by a quarter

High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable. More than 700 brokers have exited the cash segment since May 2018, shows data by the......

Maharashtra's plastic ban will make 400,000 people jobless

The notification bans carry bags, one-time use of polyethylene, straws and thermocol Fearing closure of 4,000-odd units, plastic manufacturers have urged the government of Maharashtra to review......

IPOs are booming but who's making the money?

Eighty four per cent of the Rs 42,000 crore raised in financial year 2017-18 has come in via Offer For Sale, the highest for any financial year. The record fund-raising through initial public......

IT beats manufacturing in employee productivity

  In the past five years, IT companies’ net sales grew faster than their salary bill, unlike manufacturing firms Employee productivity growth at information technology services......