mutual fund

BSE SME exchange may come up by March-end

February 10th, 2012 - 10:24 pm ICT by IANS
Kolkata, Feb 10 (IANS) The much-awaited Bombay Stock Exchange (BSE) Small and Medium Enterprises (SME) platform may come up before the end of this fiscal. It targets to list 500 ... Read more...

Posted in Business |

Peerless mutual fund introduces equity offering

September 7th, 2011 - 10:48 pm ICT by IANS
Kolkata, Sep 7 (IANS) Peerless Funds Management Company, a subsidiary of the Peerless General Finance and Investment Company (PGFI), Wednesday launched its first equity offering targeting BSE-500 stocks.The Kolkata-headquartered ... Read more...

Posted in Business |

Indian Bank to raise $500 mn for overseas operations

July 29th, 2011 - 7:55 pm ICT by IANS
Chennai, July 29 (IANS) Chennai-based public sector Indian Bank has decided to raise up to $500 million loan shortly for its overseas operations, the bank's chairman said here Friday.Speaking to ... Read more...

Posted in Business |

India to set up debt fund to finance infrastructure

June 24th, 2011 - 3:45 pm ICT by IANS
New Delhi, June 24 (IANS) India will soon set up a debt fund to facilitate financing of long-term infrastructure projects. The government said Friday it has finalised the broad ... Read more...

Posted in Business |

First letter of our name can influence our life choices

March 17th, 2011 - 12:39 pm ICT by ANI
Washington, March 17 (ANI): Wonder what's in the name? Well, a lot, say scientists as they have hinted that our name can dictate our life choices.Psychologists have posited that the letters-particularly the ... Read more...

Posted in Health Science |

Indian services sector back to pre-slowdown level

April 25th, 2010 - 11:30 am ICT by IANS
New Delhi, April 25 (IANS) The Indian services industry is back to its pre-slowdown level, with many of its key sectors reporting double digit growth, says a Confederation of Indian Industry (CII) ... Read more...

Posted in Business |

ICICIdirect waives off transaction fees for HNI Mutual Funds customers

July 29th, 2009 - 4:29 pm ICT by Sampurn Wire
ICICIdirect, one of the largest financial product distributors in India, today announced that it has waived off transaction fees for its HNI Mutual Funds customers. ICICIdirect is the first distributors to revise its ... Read more...

Posted in Entertainment |

Peerless may launch mutual fund next year

April 28th, 2009 - 5:39 pm ICT by IANS
Kolkata, April 28 (IANS) The city-based residuary non-banking finance firm Peerless General Finance and Investment Co is likely to launch its own mutual fund next year, a senior company official said here ... Read more...

Posted in Business |

Indian settlement system robust: Market regulator

February 25th, 2009 - 5:10 pm ICT by IANS
Mumbai, Feb 25 (IANS) The settlements system in Indian equities markets was robust and has successfully tackled redemption pressures in the past, the markets watchdog said Wednesday. The pressure mounted after foreign and ... Read more...

Posted in Uncategorized |

Merrill Lynch reports $9.7 billion in writedowns

July 18th, 2008 - 12:44 pm ICT by IANS
DPA New York, July 18 (DPA) Troubled US investment bank Merrill Lynch, the country's third largest securities firm, has reported writedowns of $9.7 billion as the economy slows. The company reported $4.65 billion ... Read more...

Posted in World |

Dividend announced in Franklin India Prima Fund

June 12th, 2008 - 10:25 pm ICT by IANS
Mumbai, June 12 (IANS) Franklin Templeton Investments (India), one of the largest mutual fund houses, has announced its 11th tax-free dividend Rs.6.00 per unit in its open end diversified equity fund - ... Read more...

Posted in Business |

Chidambaram asks brokerages to embrace corporate culture

March 6th, 2008 - 5:35 pm ICT by admin
New Delhi, March 6 (IANS) Finance Minister P. Chidambaram has asked stock brokerages to introduce corporate culture in their working and suggested creating a separate exchange to list small and medium enterprises. ... Read more...

Posted in Business |