The Securities and Exchange Board of India (SEBI) has found PTC India Financial Services top officials, Rajib Mishra and Pawan Singh, responsible for corporate governance lapses in its investigation. The company s directors had resigned previously citing serious governance lapses and accusing the chairman and CEO of running the company affairs single-handedly.
Religare Broking has filtered out 10 high dividend yielding stocks from the PSU space, with Steel Authority of India (SAIL), NMDC, and Indian Oil Corporation having a dividend yield of more than 10 per cent.