Last year, Karvy and IL&FS Securities, two large brokerages and clearing firms had defaulted. However, more than 90 percent of Karvy’s investors had managed to receive their money back due to Sebi’s prompt action.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about Coronavirus impact: IndiaNivesh shuts PMS business citing market volatility
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PSB amalgamation effective from April 1: Six questions on the mega merger plan
Four, has the government ensured that heads of the anchor banks are in a position to lead these mergers? In some of these anchor banks, the term of bank chiefs are getting over this year. A new appointee as bank chief will be walking into a tough spot as he/she will have a herculean task of merging these banks. … [Read more...] about PSB amalgamation effective from April 1: Six questions on the mega merger plan
5 ways to build trust when your teams are working from home indefinitely
The main mode of communication for remote teams is usually a team chat tool—we use Slack at Zapier. Michael Pryor, cofounder of Trello, noted that, when transitioning to remote work, folks move to Slack and treat it like email, using lots of direct messages instead of posting in public channels. “Don’t do that,” he says. “The advantage of Slack is that it’s transparent.” If you keep almost all discussions in public channels, no one needs to worry that they’re being left out of important conversations. This creates a culture of trust—no one feels like things are happening behind closed doors that they’re not privy to. … [Read more...] about 5 ways to build trust when your teams are working from home indefinitely
SEBI paper on overseas listing gets lukewarm response
The lacklustre response may be a deterrent for exchanges located in the Gujarat International Financial Tec-City SEZ (GIFT City), which have been seeking the dual status of a domestic and foreign exchanges — a move which could help attract a wider market in the long run. … [Read more...] about SEBI paper on overseas listing gets lukewarm response
CAG empanelled auditors to re-examine books of IL&FS, 2 subsidiaries
Will RBI’s move to waive MTM rule for banks prompt MFs to demand same from Sebi? Pharma wrap: Telemedicine guidelines to help standardise care, give fillip to online consulting apps Union Bank expects 2,500 crores benefits due to amalgamation as per CEO … [Read more...] about CAG empanelled auditors to re-examine books of IL&FS, 2 subsidiaries
