Blaming the nominal inflow of household savings into stock market on lack of confidence of retail investors, a Joint Parliamentary Committee has recommended strict accountability by listed companies through certification by their chief executives.
Our advice: exercise caution and don't get carried away by the exuberance in the markets. \n\n\n\n
The reduction in holdings comes at a time when technology firms are facing cross currency headwinds due to volatility in the global financial markets
A great monsoon and the rising FII investment in Indian markets have contributed to the 'feel good' factor.
NYSE-listed Diebold Inc on Wednesday announced acquisition of 50 per cent stake in its India arm Diebold HMA Pvt Ltd from HMA Data Systems Pvt Ltd.
The government on Thursday cleared 40 foreign direct investment proposals worth Rs 501.14 crore (Rs 5.01 billion), including Rs 323.42 crore (Rs 3.23 billion) investment by Swiss major Campagnie Michelin.
The Hongkong and Shanghai Banking Corporation has announced that its open offer for acquiring additional 20 per cent in UTI Bank at Rs 90 per share.
Diversified equity funds put in a smart performance despite a downward trend in equity markets over the week.
If you firmly believe that all things must come to an end, then the decline in equity markets this week should come as no surprise.
Here are seven health problems that moms must take note of.
Mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
Life Insurance Corporation of India chairman S B Mathur on Monday said the corporation had no intention to pick up strategic stake in UTI Bank or in any other bank.
The Joint Parliament Committee report, tabled in Parliament on Thursday, has indicted former finance secretary Ajit Kumar for failing to resolve in time the redemption problem of the Unit Trust of India.
Experts say you may invest in small-sized funds and benefit from their nimbleness.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
The final report of the Joint Parliamentary Committee looking into last year's stock scam and the temporary freeze on UTI's US-64 scheme is likely to be presented in Parliament on December 19 and may fix responsibility for the scam and the muddle.
Market players were cautious over Reliance Industries on Wednesday following reports that Sebi has asked CBI to probe into UTI's subscription to the company's debenture issue.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
The hill town has been in the grip of violence since Thursday following a clash between the Sikh residents in Shillong's Punjabi Lane area and the Khasi drivers of state-run buses.
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The country's 44 fund houses together had an average AUM of Rs 9.85 lakh crore during April-June quarter of 2014-15, up from Rs 9.05 lakh crore (Rs 9.05 trillion) in the preceding three months, according to the latest data available with Association of Mutual Funds in India.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank's CEO the following year in June.
Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject.
Taxation has played spoilsport despite double digit returns.
'Most investors are still waiting for the winners to correct.'
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