The Foreign Investment Promotion Board on Tuesday rejected French financial services major BNP Paribas’ proposed Rs 2,000-crore (Rs 20-billion) acquisition of retail-focused brokerage......
French banking major BNP Paribas is planning to sell its domestic retail broking unit, Sharekhan, according to news reports on Tuesday. Photograph: Charles Platiau/Reuters The reports even named......
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19. Illustration: Uttam Ghosh for Rediff.com It has been a disastrous start for the mid-and......
Key benchmark indices ended the first trading day of fiscal 2012-13 on a positive note after having witnessed a choppy session.The BSE Sensex ended at 17,478, up 74 points while the Nifty ended at......
Profits of domestic brokerages fell substantially in the quarter ended March 31, thanks to subdued participation of retail investors and continued increase in the share of the low-margin options......