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CONTRA ENTRY
Pyramid structure frowned upon
Had the Companies Bill, 1997 been enacted into law the way it was drafted, it would have put paid to the pyramid corporate structure, ordaining as it did abolition of the concept of subsidiary of a subsidiary.More

ON THE HEDGE
Fresh long positions seen in Reliance, ICICI Bank, SBI
Chennai, March 5 Trading volumes dipped further in the F&O segment on the NSE on Wednesday due to a trading holiday on Thursday (Maha Sivaratri) and on indecisive market conditions. Turnover stood at Rs 33,581 crore – the lowest ... More

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