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Global banks make a beeline to invest in India's start-ups

While India has fewer Internet users than China, online sales could rise to over $100 billion in 2020 from $2.9 billion in 2013, making it the fastest-growing market globally, according to a Morgan......

Indian banks seek refuge in home loans, crowd onto HDFC's mortgage turf

Indian mortgage lender Housing Development Finance Corp Ltd (HDFC), loved by global investors for its steady profit growth, faces an intensifying battle for business and market share as banks......

Export of 24-carat gold jewellery may be banned

In India 24-carat gold is used mostly in coins and bars In a move that could help control the round-tripping of gold and misuse of bank funds meant for exports, the government is considering......

Cash Crisis: Day 8: Aaj ki Taaza Khabar!

IMAGE: Hiraba Modi, the prime minister's mother, after she exchanged Rs 500 and Rs 1,000 at a Gandhinagar bank.   Demonetisation: Real estate resale market hits a wall Activity in the sale......

No law broken in funding cluster bomb maker: SBI

SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks. IMAGE: Banks, pension funds and insurance companies, had invested over $28 billion in seven......

Manchester United to list on NY stock exchange

Manchester United has picked the New York Stock Exchange to make its stock market debut, ending months of speculation over where the world's best-supported soccer club would list. After first......
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UPDATE 3-Miners lift European shares on metals prices, euro zone growth

* STOXX 600, blue chips up 0.7 pct at close * Euro zone GDP grows 0.6 pct QoQ, 2.2 pct YoY * European Q2 earnings growth tracking 15 pct - TR *... ...

http://www.sify.com/finance/update-3-miners-lift-european-shares-on-metals-prices-euro-zone-growth-news-economy-riqougfjchchd.html
State-owned China Unicom to raise $ 12 billion from Alibaba, Tencent, others

HONG KONG: Telecoms group China Unicom is raising $11.7 billion from about a dozen investors including tech giants Alibaba Group and Tencent... ...

http://www.sify.com/finance/state-owned-china-unicom-to-raise--12-billion-from-alibaba-tencent-others-news-economy-riqrGUieibebh.html
Cyclicals and ex-divs send European shares to four-month low

* STOXX 600 down 1.1 pct * Ex-divs weigh on banks, miners * Results boost Aegon, Coca Cola HBC * Galapagos surges on drug study success * Lanxess,... ...

http://www.sify.com/finance/cyclicals-and-ex-divs-send-european-shares-to-four-month-low-news-economy-rikoEldjhijcg.html
Global stocks dip after Dow breaks 22,000; dollar soft

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of world stocks edged lower on Wednesday even as Wall Street's venerable Dow Jones Industrial... ...

http://www.sify.com/finance/global-stocks-dip-after-dow-breaks-22000-dollar-soft-news-commodities-ricxHRajgcjif.html
GLOBAL MARKETS-Asia stocks subdued after N.Korea missile test, await flurry of data, earnings

* Asia ex-Japan slips; Nikkei flat * Korea stocks, won under pressure after N. Korea missiletest * Dollar index inches up after declines; yen... ...

http://www.sify.com/finance/global-markets-asia-stocks-subdued-after-nkorea-missile-test-await-flurry-of-data-earnings-news-commodities-rh5gDWigcadfh.html

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