Gujarat bourses have most vanishing firms

They took investor money via IPOs and then disappeared; investors ask Sebi why it isn't using its legal powers to get after the offenders. Two defunct regional stock exchanges, from Gujarat,......

Mutual Funds' Rs 100 Trillion Opportunity

Despite strong AUM growth, MFs lag behind other popular investment avenues.MFs received only 6 per cent of total household savings in 2021-2022. Illustration: Uttam Ghosh/Rediff.com In 2019, the......

Sun-Ranbaxy $4 billion merger completed

Almost a year after announcing a $4 billion deal, Sun Pharmaceutical Industries on Tuesday said merger of Ranbaxy with itself has been 'consummated' following receipt of requisite approvals. In a......

Amazon in talks to buy Jabong for $1.2 bn

Image: Amazon CEO Jeff Bezos at a press conference.Photoghraph: David McNew/Getty Images In its first acquisition in India, American online retail giant Amazon is planning to buy out fashion......