Electronics major has tied up with Reliance Comm and Tata Tele.
The Association of Mutual Funds in India and CDSL Ventures are working on a finance ministry proposal to make use of the permanent account number
Mutual Fund Identity Number throws up more questions than answers.
Pune, Dehradun, Goa and Kerala are fast emerging as preferred destinations for the retired and would-be retirees.
Barely two weeks after the Reserve Bank of India permitted 49 per cent foreign stake in stock exchanges
After the National Stock Exchange, the focus has now shifted to stake sale soon in two depositories, the National Securities Depository and the Central Depository Services.
Buffet first among seven all-time best investors.
Two top investment banks, Enam Financial Services and JM-Morgan Stanley, have backed out from the high-profile initial public offering by real-estate developer DLF Universal
The mutual fund industry saw an average growth of 63 per cent in assets under management in 2006
Can the stock markets repeat the spectacular bull run for the third year running in 2007
The proposed initial public offering of Gammon Infrastructure Projects is unlikely to face any regulatory hurdle following the recent Securities and Exchange Board of India's order.
The mutual fund industry in India is seeing unprecedented attrition among key personnel.
While Mukesh is likely to make a foray into the specialty stores, is choosing the same date to launch the much-awaited Reliance Money.
The Sensex, which saw a sharp fall of nearly 800 points on the first two days of the week, rebounded with a 180-point gain on Wednesday, while the index continued its northward run the next day too, surging by 300 points.
The sharp fall in shares revived memories of the bear phase during May-June but experts said there was no reason to panic and the fall had provided buying opportunities to investors. The Sensex could see another 200-point drop, they said.
In pursuit of their global ambitions, domestic companies are looking to list their shares on exchanges in new geographies - not just New York or Nasdaq exchanges.
India is now clearly in the radar of the global hedge fund industry after recent statements by the Securities and Exchange Board of India favoured the direct entry of long-term hedge funds.
All foreign equity investments in stock exchanges prior to their listings will be treated as foreign direct investment, where 26 per cent is expected to be the cap.
Flag Telecom was looking at divesting up to 20 per cent of its equity stake through an international convertible bond issue and raise over $200 million.
Restriction on lending for shares to hit forthcoming IPOs.
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