Sebi fines Axis Trustee Services Rs 10 lakhs

Sebi has fined Axis Trustee Services ₹10 lakh. The penalty is for not promptly disclosing a ruling against former REIT executive Aravind Maiya. The National Financial Reporting Authority found Maiya guilty of misconduct. This information was crucial for unitholders and…

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Global consumer companies stay bullish on India

Global consumer firms are seeing strong demand in India. Companies like Mondelez, Coca-Cola, Pernod Ricard, Reckitt Benckiser, and Carlsberg reported double-digit growth in the March quarter. This follows a period of volatility. Recent GST changes are now helping consumption. India…

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