Apr 20, 2016 at 09:02 | Source: CNBC-TV18
"We cut underweight on financials and flip to overweight on metals, funding it from low-growth sectors such as IT and utilities. We maintain overweight on HUL, BPCL, Maruti, and HDFC & underweight on SBI & Bharti Airtel," Neelkanth Mishra of Credit Suisse says.
Apr 07, 2016 at 17:36 | Source: PTI
Under the deal, Nomura Asset Management Strategic Investments PTE will sell its stake in LIC Nomura Mutual Fund AMC and LIC Nomura Mutual Fund Trustee Company.
Mar 21, 2016 at 15:20 | Source: PTI
According to the Japanese financial services major, lower small savings rates, along with marginal cost-based pricing of loans from April this year should facilitate an improvement in monetary policy transmission from April-June period onwards.
Mar 14, 2016 at 14:24 | Source: Reuters
CPPIB and the Indian financial services conglomerate, along with its asset reconstruction arm, Phoenix ARC, plan to invest in asset sales by banks with the aim to restructure, recover and turnaround companies in distress.
Feb 05, 2016 at 14:22 | Source: PTI
Mahindra AMC, a wholly-owned subsidiary of Mahindra & Mahindra Financial Services (MMFS), got the regulator's nod on February 4.
Feb 03, 2016 at 13:28 | Source: PTI
"As committed, banks will get fund infusion in the fourth quarter. Banks will get about Rs 5,000 crore," Financial Services Secretary Ajuly Chib Duggal said on the sidelines of an event here.
Dec 09, 2015 at 18:18 | Source: Moneycontrol.com
Tata Mutual Fund announces five new fund offerings and 1 current scheme under Own a Piece of India theme, whereby investors have the choice to participate in India's growth with a single investment across the schemes.
Nov 17, 2015 at 07:53 | Source: Moneycontrol.com
Stocks in the US gained on a sharp jump in oil prices boosted by geopolitical concerns following weekend terror attacks in Paris. Major indices closed more than 1 percent higher, recovering some of their sharp declines of last week.
Nov 13, 2015 at 19:59 | Source: Moneycontrol.com
Baroda Pioneer Mutual Fund announces change in benchmark index under its three schemes, with effect from November 09, 2015