Home Trade chairman surrenders
New Delhi: Sanjay Agarwal, the promoter chairman of e-brokerage firm Home Trade, surrendered before the Nagpur authorities on 11 May.

Agarwal is facing criminal charges for defrauding investors, co-operative banks and provident funds of crore of rupees..

Agarwal had come into the limelight when he signed Sachin Tendulkar, Hritik Roshan and Shah Rukh Khan to endorse his brokerage portal.

He has been on the run for over a week and the market watchdog Sebi is now investigating into the diversion of funds, if any, into the stockmarket by his firm. Sebi has already banned the broking entity as it was revealed that it had violated regulations and guidelines laid down for the brokers.
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Infosys best-managed company
London: Infosys Technologies has been ranked No.1 in the category of the Best Managed Company and Reliance Industries was given the top billing in the Best Financial Management category, according to a survey.

The survey by a leading financial magazine, Finance Asia, was conducted among leading international investors during the first quarter of the current calendar year.

Infosys, according to the survey, picked up the most votes in four categories - Best Managed Company, Best Investor Relations, Strongest Commitment to enhancing Shareholder Value and Company most committed to Corporate Governance - while Reliance took the top rank in the category of the Best Financial Management.

The report said, Reliance is perhaps the most active Indian company in respect to the capital markets, both domestic and international and has proven to be an adept manager of its balance sheet.

Apart from Infosys and Reliance, the other companies that did well in the survey included Wipro and Hindustan Lever. Wipro was placed second in three categories and third in one category, while Hindustan Lever was second in two categories and third in one category.
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