May 04, 2016 at 18:28 | Source: PTI
The rupee today ended lower by 13 paise to 66.55 against the US currency on fresh dollar demandfrom banks and importers on the back of higher greenback in the overseas market amid sustained fall in equities.
May 04, 2016 at 16:02 | Source: PTI
The People's Bank of China set the value of the yuan -- also known at the renminbi (RMB) -- at 6.4943 to USD 1.0, weakening 0.59 percent from the fix of 6.4565 the previous day, according to data from the Foreign Exchange Trade System.
May 02, 2016 at 10:21 | Source: Moneycontrol.com
The Reserve Bank of India (RBI) has increased YES Bank's Foreign Institutional Investors (FIIs) / Registered Foreign Portfolio Investors (RFPIs) limit to 60 percent from existing 49 percent under the portfolio investment scheme.
May 02, 2016 at 08:52 | Source: PTI
"According to regulatory requirement, the foreign holding in the small bank has to be less than 49 percent. IPO is the first step towards transformation to a small bank. Foreign shareholding has come down to 77 percent following a pre-IPO placement. The IPO will help reduce further to 44-45 percent," Ghosh said.
Apr 29, 2016 at 21:56 | Source: PTI
Reserve Bank today allowed foreigninvestors to buy up to 60 per cent stake in mid-sized privatesector lender Yes Bank.
Apr 29, 2016 at 19:04 | Source: CNBC-TV18
The Foreign Investment Promotion Board (FIPB) has hiked the foreign portfolio investor (FPI) limit in Axis Bank from 62 percent earlier to 74 percent.
Apr 29, 2016 at 18:26 | Source: PTI
Continuing their rising trend, thecountry's foreign exchange reserves increased by USD 1.350billion to touch a record high of USD 361.601 billion in theweek to April 22, Reserve Bank said today.
Apr 29, 2016 at 17:56 | Source: CNBC-TV18
The bad loan issue may continue for Axis Bank and ICICI Bank, said Dilip Bhat, Joint MD at Prabhudas Lilladher, adding, he prefers Infosys and TCS in the IT space.
Apr 26, 2016 at 09:55 | Source: CNBC-TV18
From mid-February largecaps have rallied about 30-40 percent and foreign direct investments have come down. It is perhaps the best time to book profits, says Udayan Mukherjee.
Apr 24, 2016 at 11:54 | Source: PTI
Quarterly earnings from blue-chips like ICICI Bank and Bharti Airtel would be the key driving force for the stock market this week, while participants will also take cues from global trends and foreign fund inflows, say experts.