Mar 30, 2015 at 16:22 | Source: PTI
ICICI Bank Canada and ICICI Bank UK had capital adequacy ratios of 33.2 percent and 21.8 percent, respectively as on December 31, 2014. Post repatriation, share capital of ICICI Bank Canada is CAD 777 million and that of ICICI Bank UK is USD 420 million.
Mar 26, 2015 at 22:02 | Source: Moneycontrol.com
Advanta in its meeting held on March 26, 2015, have considered and approved the Conversion of 50 Foreign Currency Convertible Bonds (FCCBs) into Global Depository Receipts (GDRs). Allotment of 79,44,140 equity shares of Rs. 2 each to JP Morgan Chase Bank, NA - Depository Bank, who shall issue appropriate GDRs.
Mar 26, 2015 at 09:59 | Source: CNBC-TV18
According to Manoj Murlidharan of Religare Securities the second half should see the Nifty reverse back and possible close at 8,530 to 8,550 on spot.
Mar 25, 2015 at 14:40 | Source: Reuters
There are expectations the Fed will remain cautious on rate hikes, benefiting the rupee. The rupee had gained for seven straight sessions to Tuesday on large dollar inflows into equity and debt markets.
Mar 25, 2015 at 10:08 | Source: Moneycontrol.com
Investors lapped up shares of Deccan Gold Mines on Wednesday after the Reserve Bank of India allowed foreign institutional investors to increase stake in the company. The stock rallied 20 percent in early trade.
Mar 23, 2015 at 12:00 | Source: Reuters
Overseas demand for corporate bonds has surged since the quota for government bonds was exhausted last year, with three-fourths of the USD 51 billion foreign investment limit on corporate bonds already utilised.
Mar 16, 2015 at 12:28 | Source: Moneycontrol.com
Reserve Bank of India has increased the foreign remittances limit up to USD 2.5 lakh per financial year per person. This opens up many opportunities for Indians. Buying a property overseas is a good idea, however one must conduct due diligence.
Mar 16, 2015 at 08:07 | Source: PTI
The Rajya Sabha MP said he had written to the Prime Minster but had received no replies to his complaint.
Mar 13, 2015 at 21:22 | Source: PTI
During 2000-01 to 2013-14, the life insurance business registered a growth of 1 percent in total premium and 21 percent in new business premium collections and non-life segment grew by 16 percent.
Mar 13, 2015 at 11:19 | Source: Moneycontrol.com
Max India, also, tops list of Edelweiss. It does not expect any earnings kicker in near to medium term but feels the move will go a long way in boosting sentiments. Edelweiss agrees that the reform will pave way for listing on bourses.