A merchant banker cannot carry on any business other than those pertaining to the securities market, according to the capital markets regulator Sebi. Providing an informal guidance in this regard to PNB Investment Services, an arm of Punjab National Bank (PNB), the Securities and Exchange Board of India (Sebi) indicated that its views might differRead more
Business
As in sport, the objective of business is winning—but there is a lot more to it. An athlete competes in a sport to win for themself, their team, fans, team owners, sponsors and often for their hometown, school or country. Business professionals work to attain promotions, hit benchmarks, earn raises, improve stock value and enjoyRead more
Group Inc said on Tuesday it was reorganizing its business into three units, as the Wall Street giant undertakes another overhaul in less than three years, and reported a drop in third-quarter profit. Profit applicable to common shareholders fell to $2.96 billion, or $8.25 per share, in the quarter ended Sept. 30, from $5.28 billion,Read more
Small businesses have never been more important. They’re the backbone of local communities, they’re a vital way for people to turn something they love into a career and lifestyle, and they account for 99.2% of the total business population. At the start of last year, there were 5.5 million small businesses in the UK –Read more
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