Rupee’s devaluation due to national, international factors: Pranab

May 27th, 2012 - 7:43 pm ICT by IANS
Kolkata, May 27 (IANS) Union Finance Minister Pranab Mukherjee Sunday attributed the cumulative effect of several national and international factors, including the Eurozone crisis, for the devaluation of the ... Read more...

Posted in Business |

FIIs bought stocks worth $1 bn in June

July 3rd, 2011 - 4:26 pm ICT by IANS
Mumbai, July 3 (IANS) Foreign funds were net buyers at the Indian equities markets to the tune of $1.014 billion in June, according to data available with the capital ... Read more...

Posted in Business |

Sensex ends 64 points lower on expiry day (Roundup)

October 28th, 2010 - 7:13 pm ICT by IANS
Mumbai, Oct 28 (IANS) Intense selling in the last minutes of trade pulled down benchmarks of Indian equities as investors off-loaded their long positions on the October future series expiry day ... Read more...

Posted in Business |

No plan to put any cap on FII: Mukherjee

October 26th, 2010 - 5:56 pm ICT by IANS
New Delhi, Oct 26 (IANS) The government has no plan to put any cap on flow of funds from foreign institutional investors (FIIs), which have pumped in nearly $25 billion so ... Read more...

Posted in Business |

Sundaram Asset to set up investment platform in Singapore

October 20th, 2010 - 8:36 pm ICT by IANS
Chennai, Oct 20 (IANS) City-based Sundaram Asset Management Company is setting up a special purpose vehicle in Singapore and forging a tie-up in Mauritius to channel investments in Indian securities and redemption ... Read more...

Posted in Business |

Foreign funds pump in $4.4 billion in September

September 25th, 2010 - 6:11 pm ICT by IANS
Mumbai, Sep 25 (IANS) Foreign institutional investors (FIIs) have pumped in $4.4 billion in the Indian equity market so far this month buoyed by strong economic growth outlook. Foreign funds have ... Read more...

Posted in Business |

India is an attractive investment destination, Tharoor tells Arab countries

February 3rd, 2010 - 8:34 pm ICT by ANI
New Delhi, Feb.3 (ANI): Minister of State for External Affairs Shashi Tharoor on Wednesday beckoned the Middle-East countries to park their funds in India by saying that India is safe and ... Read more...

Posted in Feature |

Satyam board meets, decision under wraps

February 26th, 2009 - 10:38 pm ICT by IANS
Hyderabad, Feb 26 (IANS) The government-appointed directors of Satyam Computers met here Thursday but did not issue a statement on their discussions and decisions, a practice they had followed after their last ... Read more...

Posted in Uncategorized |

Citi cannot sell its Polaris stake to IT rivals

December 18th, 2008 - 12:48 pm ICT by IANS
Chennai, Dec 18 (IANS) Amid rumours that Citigroup wants to sell a part of its 43 percent stake in Polaris Software, the other prime shareholder has pointed out that it cannot sell ... Read more...

Posted in Uncategorized |

Fuel price hike concerns pull markets down repeatedly (Weekly Roundup)

May 31st, 2008 - 1:31 pm ICT by admin
Mumbai, May 31 (IANS) Soaring crude oil prices and its possible impact on domestic fuel prices kept pulling Indian equity markets down this week. Three out of five trading sessions ended in ... Read more...

Posted in Business |