Apart from the steps to re-energize the Mutual Fund industry and regulations of Investment Advisors, SEBI Board has also drafted recommendations for the primary stock market and approved a host of reforms to revitalize the markets, details of which are as under:-. The decision...

What does Prime rate/Prime lending rate means – The interest rate that commercial banks charge their most creditworthy customers. Generally, a bank’s best customers consist of large corporations. The prime interest rate, prime lending rate is largely determined by the federal...

To help you with filing your income tax returns, the Income Tax department has drafted in TRPs (Tax Return Preparers). The TRPs can come to your home, collect all the relevant documents, prepare the tax return and deposit them at the right place. And this comes at a fee not mo...

The company’s cigarette business growth story remains intact thanks to the almost inelastic demand. Further, it has diversified into non-FMCG sectors like hotels, IT, paper, agriculture, etc.; with most of these businesses expected to turn profitable in the next couple of year...

Enables business to concentrate on core business activities. Use of manpower for more important functions. Investment in fixed assets reduced/minimized. Substantial Savings in Cost. MIS Reports. Services of experts made available. Improved Internal Controls. Enhanced reporting...

It’s well known that social media tools enhance both stakeholders’ and managers’ power to influence perceptions. As some have argued, employees, customers, management, investors, vendors, the public, and other stakeholders comprise a complex “ecosystem” of influence thanks to...

With the development of free content websites online, the companies running them have had to find a source of revenue to keep supplying their service to their customers. The leaders in this field are the tech giants Facebook and Google, where ads account for 80 and 90 percent...

I was shocked this week to see an ad by Ford for their Mustang. It shows a father and son in a dark parking lot. The son's driving, he peels out, runs a bit, then stops. The father turns to him and says "That's what I'm talking about. This is not a toy! Want to go again?" Both...