Deviations in loan approvals done on account of ‘vintage relationship’ with clients: RBI report
The agency said this in its chargesheet against Religare Enterprises’ former promoters Malvinder and Shivinder Mohan Singh, its former chairman Sunil Godhwani and two others, in a funds-misappropriation case filed by Religare Finvest.
IT rejigs its bills as deals dry up
Financial engineering has been an industry practice for long, but its nature is now changing.
ETRise Top MSMEs Ranking: India’s most innovative companies. Are you one of them?
For the purpose of judging ‘innovation’ for the programme, ...
Karvy sets deadline of February 15 to pay clients’ dues
Karvy Stock Broking has set a February 15 deadline to pay all its dues to clients, which includes stocks and funds worth several crores of rupees. With a new man at the helm, it is also going in for a restructuring of its financial services business and there are rumours that this may include sale of assets.
Cyient Q3 revenue drops on one-time client discount; firm cuts jobs
The company’s revenue dropped to $155.2 million, from $165 1 million a year ago.
L&T construction arm bags 'large' orders from multiple clients in domestic market
In a filing to BSE the company said in the water and effluent treatment segment it has bagged engineering, procurement and construction (EPC) from the Public Health Engineering Directorate, West Bengal for water supply in East Medinipur district. The project is funded by Asian Development Bank (ADB).
Sebi restrains Vrise Securities from registering new clients for 6 months
The firm was formerly known as Vishesh Capital.
What is Member-Client Agreement Form?
The agreement mentions that the member, on the other hand, agrees to be satisfied by the genuineness and financial soundness of the client and making the client aware of broker’s liability for the business to be conducted.
We are trying out an AMC model where clients are charged only on profits: Nikhil Kamath
We would always try to match the fund with about 10% to 15% of personal capital.
Sebi directs HBJ Capital Services, others to refund illegal fees collected from clients
HBJ LLP was carrying out alternative investment fund activities without obtaining requisite registratio.
Tarun Singh on having no attendance register, working from clients' location & witty campaigns
TSC Consulting has a unique business model that caters to consulting requirements.
Zensar trims retail portfolio, to focus better on core
The IT company decides to focus on three core areas-- high-tech manufacturing, infrastructure and financial services. Zensar reported a 32.6% drop in net profit for the December quarter, citing softness in the retail segment — with a revenue impact of about $5 million — as a key reason for the profit decline.
Small deals from clients drive L&T Technology Services
Engineering services firm L&T Technology Services (LTTS) has seen an increase in smaller deals from the same set of clients, its top executive said, even as global firms turn cautious about committing large deals due to an uncertain global environment.
Private banks get to invest client money as FPI: But will it meet client objectives?
The Sebi regulations and guidelines seem to be silent on this aspect.
NFRA seeks client details from auditors
The audit regulator seeks info on audit processes, number of clients, non-audit work done for them and fees.
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