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Finance

The way India’s millennials spend.

The way India’s millennials spend. MUMBAI/NEW DELHI: Millennials have been the favourite explanation supporting the demise of phenomena and several business models. Over the past couple of decades, millennials are blamed for killing pretty much everything — in the 9-to-5 regular to restaurant chains into the petroleum market. In a funny take on the’rampaging’ millennials, …

Finance

Post Karvy, Sebi appears to impose limits.

Post Karvy, Sebi appears to impose limits. Mumbai: The Securities and Exchange Board of India (Sebi) is analyzing if brokers should be barred from providing settlement and clearing services, after the regulator discovered Karvy Stock Broking had sold client stocks vowed to it for loans, 2 individuals directly alert to the issue said. “we’ve been …

Finance General

Government in crisis as invoices value over Rs 4,000 crore pending.

Government in crisis as invoices value over Rs 4,000 crore pending. CHANDIGARH: The money strapped Punjab Government is facing a crisis with bills pending in the state treasures which include medical reimbursements of employees and pensionary benefits . According to sources, the state finance department is attempting to acquire the Rs 4,100 crore pending sum …