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Markets

For OMCs, marketing segment steals the show in the March quarter, but refining remains a drag

First, demand is not expected to be robust. Second, global refining capacity is expected to be higherIn the near term, the focus will be on how OMCs change petrol/diesel prices post-elections, added the brokerage firm

1 min read21 May 2019
Market

GST: Short term pain, but new tax regime will deliver the goods, say analysts

As the goods and services tax (GST) kicks in, analysts at brokerage firms are predicting short-term pain followed by long-term gain

3 min read30 Jun 2017
Companies

RERA may put most brokers out of work

Under RERA, all property brokers will have to register with real estate regulators in their states, thus sieving out the small-time players and consolidating major ones

3 min read29 May 2017
Politics

Bombay HC admits winding-up petition against Prime Broking

Prime Broking said it is consulting its lawyers for the next course of action and is considering appealing in a higher court

1 min read30 Jun 2016
Companies

Centrum Group appoints Jaspal Bindra as new chairman

Chandir Gidwani divests around 25% of his personal holdings in the group to Jaspal Bindra

2 min read21 Apr 2016
Market

Sebi board clears wilful defaulter rules; clarifies on definition of control

Sebi says entities declared as wilful defaulters will not be allowed to raise money through sale of shares, debt securities and non-convertible preference redeemable shares to the public

5 min read12 Mar 2016
Market

China brokerage probe sparks selloff in stocks

The probe into the finance industry comes as the government widens an anti-corruption campaign

4 min read28 Nov 2015
Market

Investors cannot drag their brokers to consumer courts, says Sebi

Sebi says such cases fall under the purview of commercial transactions and will not fall within the scope of the Consumer Protection Act

2 min read17 Jul 2015
Companies

Coal India, Bajaj Finance replace Grasim, PFC in CLSA’s Asia portfolio

Christopher Wood, MD of CLSA, said that Grasim Industries Ltd and Power Finance Corp. Ltd will be replaced in his Asia ex-Japan long-only portfolio

1 min read1 Jun 2015
Market

With China set to open trading, foreign investors lay groundwork

Bankers, brokerage firms and hedge funds have all been quietly expanding their Asian operations

5 min read25 Sep 2014
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