Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
In similarly-worded notices of attachment dated October 17, Sebi asked 11 banks, including ICICI Bank, Bank of Baroda, HDFC Bank, IDBI Bank, Indian Overseas Bank and Standard Chartered Bank, to attach the accounts of the three individuals.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
How investors can tweak their fixed income investments to earn more in the current environment.
Commercial banks have not yet reduced their lending rates.
Aditya Birla Nuvo gets board's nod, Videocon submits application.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Parekh ensures that he never forgets the importance of correctness.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
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2014 made a lot of promises; can the new year deliver?
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said.
The central bank gave 11 entities licences to start payments banks.
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Markets now expect the Fed to normalise rates gradually.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.
Experts say a turnaround may happen after the general elections.
The banking sector is set to move at a fast pace from hereon.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Intensifying competition and possibility of further legal action to test expectations of recovery.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Dy Governor notes it's an era of job changes for better.
Thanks to Rajan we are an inflation-targeting country now
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Reliance, Birla Group, Airtel eye small finance banks.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom
Karvy Computershare Pvt Ltd engaged in fraudulent activities with respect to certain initial public offerings in 2005, market regulator Sebi said.
Mukesh Ambani-led RIL, which had a cash chest and marketable securities worth over Rs 90,000 crore (Rs 900 billion) at the end of the last fiscal, is known for very effectively managing its financial resources by placing them in liquid instruments and highly rated securities.
The transformer factory in Canada contributes about three per cent to the company's total sales.
The scrutiny is expected to be over this month itself.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Buoyed by the success of secondary market, IPO market set to see high action
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