The board of directors at its meeting held on October 22, approved the said appointments, the exchange said in a regulatory filing on Wednesday.
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
Nifty snaps 10-day winning streak
Raghuram Rajan's 'surgery' uncovers more bad loans
As the Jan-Dhan scheme completes a month since its official launch, reports coming in from various parts of the country suggest the stated target of 75 million new accounts will be achieved much before January 26 next year.
India's GDP for the three-month period ended September 30 grew 7.4%.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Union Bank of India, United Bank of India reduced base rates.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Banks are seeking an order that Mallya should appear in person before the court.
10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
Slow credit off-take to put pressure on margins
Broader markers outperformed their larger peers.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.
The tri-series, also involving South Africa, is slated to be played from August 14 to 29 in Colombo.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
A'Market valuation is another concern.'
'India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'
Participants are keenly waiting for the January IIP.
Markets end in red; bluechips struggle to keep pace.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
On Saturday, April 19, Dr M J Manohar Rao, one of our respected contributors, passed away.
Promises have been made in the past about cleaning up bank boards, revamping processes, purging vested interests. How far away is that Promised Land?
A look at the top 10 purchases at the IPL auction.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
The Survey shows fiscal consolidation despite slowdown in growth.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
Two Indians, including an 8-year-old boy, were among 39 killed and four other community members injured in the attack by armed terrorists on an upscale mall in Nairobi in Kenya.
The top seed beat Ankita Bhambri 7-6, 6-4 in the semi-finals of the ITF women's tennis tournament in New Delhi.
Ankita Bhambri had an easy outing as her opponent Shikha Uberoi of USA, retired due to a back spasm in the ITF Women's Tennis Championship.
Third seed Chin Bee Khoo went down to unseeded Wilawan Choptang, while eighth seed Sonal Phadke was beaten by Jie Hao of China in the ITF Women's Tennis tournament.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Through the past 12 months, the Bank Nifty has risen 55%
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