Moody’s downgrades Italy debt rating
July 13th, 2012 - 2:08 pm ICT by IANS
New York, July 13 (IANS) Ratings agency Moody's Investors Service has downgraded Italy's government bond rating two notches over concerns that the country is more likely to experience a further ... Read more...
Posted in Business |
India raises overseas investment limit in government, corporate bonds (Lead)
June 25th, 2012 - 5:10 pm ICT by IANS
Mumbai, June 25 (IANS) In a bid to prop up the battered currency, the Reserve Bank of India (RBI) Monday hiked the limit of overseas investments in government and ... Read more...
Posted in Uncategorized |
RBI announces steps to revive rupee
June 25th, 2012 - 4:16 pm ICT by IANS
Mumbai, June 25 (IANS) The Reserve Bank of India (RBI) Monday announced a series of measures, including raising limits for external commercial borrowings and government securities, that would help revive ... Read more...
Posted in Business |
Broadridge enters pact with IiAS
February 2nd, 2012 - 9:25 pm ICT by IANS
Hyderabad, Feb 2 (IANS) Broadridge Financial Solutions, Inc. and Institutional Investor Advisory Services India Limited (IiAS) Thursday jointly announced an alliance for the sale and distribution of IiAS proxy research ... Read more...
Posted in Business |
UTI Mutual Fund targets one crore investors
July 13th, 2011 - 6:06 pm ICT by IANS
Kolkata, July 13 (IANS) UTI Mutual Fund (UTI-MF) will target one crore investors under its micro pension initiative in the next three years, a top company official said Wednesday."The micro ... Read more...
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National Multi Commodity Exchange to raise Rs.1 bn
October 8th, 2008 - 6:49 pm ICT by IANS
Mumbai, Oct 8 (IANS) The National Multi Commodity Exchange of India (NMCE) is planning to raise Rs.1 billion ($22 million) through issue of fresh shares to its present stakeholders, including Reliance Money, ... Read more...
Posted in Business |
ICICI Prudential aiming 45 percent growth this fiscal
August 27th, 2008 - 8:07 pm ICT by IANS
Kolkata, Aug 27 (IANS) Mutual fund major ICICI Prudential Asset Management Co (AMC) Wednesday expressed confidence that it would grow by 45 percent this fiscal."We expect a growth in line with market ... Read more...
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BoB to offer wealth management services in Gulf
July 4th, 2008 - 8:05 pm ICT by IANS
Dubai, July 4 (IANS) Indian public sector Bank of Baroda (BoB) has announced that it would be offering wealth management services in the United Arab Emirates (UAE), and its joining hands with ... Read more...
Posted in World |
Reliance Mutual Fund set to expand Gulf presence
July 3rd, 2008 - 7:34 pm ICT by IANS
Dubai, July 3 (IANS) Reliance Mutual Fund (RMF) of India has joined hands with the public sector Bank of Baroda (BoB) to distribute its products in the Gulf Cooperation Council (GCC) region. ... Read more...
Posted in World |
KEF biggest AIM float this year, over 50 Indian firms now on LSE
June 10th, 2008 - 6:25 pm ICT by IANS
By Dipankar De Sarkar
London, June 10 (IANS) KSK Emerging India Energy Fund Limited (KEF) has floated on the Alternative Investment Market (AIM), raising a record $200 million, the London Stock Exchange announced ... Read more...
Posted in Business |
‘Challenges ahead for India’s mortgage-backed security sector’
May 9th, 2008 - 7:36 am ICT by admin
New Delhi, May 8 (IANS) India has made progress in the field of loans backed by non-residential property, but some challenges still exist, according to a report released by global rating agency ... Read more...
Posted in Business |