The Securities and Exchange Board of India (Sebi) has prohibited stock brokers and clearing members (CMs) from creating bank guarantees (BGs) from clients’ funds with effect from May 1. Existing BGs created out of clients’ funds will have to be wound down by September 30 this year. “Currently brokers and clearing members pledge client’s funds […]
– By Aditi Balbir It began somewhere in 2018, on my weekly travels to an offbeat town in India. And so came about the genesis of the term ‘Greenwashing’ – when companies or brands use marketing tools to promote a sense of environmental impact without it being so. It was coined by Environmentalist Jay Westerveld […]
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