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Budget 2016: Jaitley's acid test today; will he silence his critics through a reformist budget?

Feb 29, 2016 at 08:26 | Source: FirstPost

For Finance minister, Arun Jaitley, the 2016 Union Budget will be the biggest challenge he has ever handled in finance ministry so far. Jaitley has had more critics than admirers ever since he took over the finance portfolio in the Narendra Modi-gove...

Sponsored: What are the types of mutual funds?

Dec 28, 2015 at 17:44 | Source: FirstPost

Sharath, an enthusiastic entrepreneur, has started his business immediately after his graduation. He is running his business for the last 2 years and the business has started doing reasonably well in the last couple of months resulting in positive ca...

What are the types of mutual funds?

Dec 28, 2015 at 17:44 | Source: FirstPost

Sharath, an enthusiastic entrepreneur, has started his business immediately after his graduation. He is running his business for the last 2 years and the business has started doing reasonably well in the last couple of months resulting in positive ca...

Sponsored: How many funds do you need for adequate diversification?

Dec 28, 2015 at 13:45 | Source: FirstPost

You would have come across a number of articles in the media by financial experts recommending diversification in your investment portfolio. Perhaps your own financial advisor would also often be advocating this. By diversification, they mean that yo...

How many funds do you need for adequate diversification?

Dec 28, 2015 at 13:45 | Source: FirstPost

You would have come across a number of articles in the media by financial experts recommending diversification in your investment portfolio. Perhaps your own financial advisor would also often be advocating this. By diversification, they mean that yo...

Sponsored: Choosing funds on the basis of market capitalisation

Dec 28, 2015 at 12:41 | Source: FirstPost

Mutual funds are collective investment schemes that pool money from a large number of investors and invest it according to their mandate. Equity funds are those that invest in shares of companies that run business for a profit. These companies come i...

Choosing funds on the basis of market capitalisation

Dec 28, 2015 at 12:41 | Source: FirstPost

Mutual funds are collective investment schemes that pool money from a large number of investors and invest it according to their mandate. Equity funds are those that invest in shares of companies that run business for a profit. These companies come i...

Yahoo shelves plan to spin off Alibaba stake| Reuters

Dec 09, 2015 at 23:15 | Source: FirstPost

Yahoo Inc said on Wednesday it had shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd, citing tax concerns, and will instead create a separate company to hold the rest of its assets.The new publicly traded compa...

Exclusive: Moelis clinches Pfizer advisory role with help from Eric Cantor - sources| Reuters

Nov 17, 2015 at 01:15 | Source: FirstPost

Former U.S. Representative Eric Cantor helped Moelis & Co, the investment bank he joined last year, secure an advisory role with Pfizer Inc on its merger talks with Allergan Plc, three people familiar with the matter said.The appointment illustra...

Exclusive: Guggenheim, JPMorgan clinch key roles in Pfizer-Allergan talks| Reuters

Nov 03, 2015 at 00:30 | Source: FirstPost

NEW YORK/LONDON Investment banks Guggenheim Partners LLC and JPMorgan Chase & Co have secured key roles in Pfizer Inc's merger negotiations with Allergan Plc, according to people familiar with the matter, in what would be the biggest ever deal in...

Wall Street drops for third day, dollar cuts losses| Reuters

Jul 24, 2015 at 03:45 | Source: FirstPost

NEW YORK Wall Street stocks dropped for a third day on Thursday, sagging under weak corporate profit reports that left the Dow Jones industrials index in the red for 2015, while strong U.S. labour market data supported a weak dollar.Oil prices declin...

Updated: AMD denies split rumors

Jun 22, 2015 at 15:19 | Source: FirstPost

Earlier today Reuters had reported that chipmaker Advanced Micro Devices was considering splitting itself in two or spin off a business to take on rival Intel. But AMD spokesperson Sarah Youngbauer has told ExtremeTech the following: While we normall...

Advanced Micro Devices mulling breakup, spinoff: Sources

Jun 22, 2015 at 10:19 | Source: FirstPost

Chipmaker Advanced Micro Devices Inc is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar with the matter.The deli...

China A-shares will be gamechanger for emerging market benchmark| Reuters

Jun 17, 2015 at 02:45 | Source: FirstPost

NEW YORK Including Chinese mainland stocks in MSCI Inc's emerging markets index will have a significant impact for global investors in funds tied to the index given the weighting and volatility of the shares, a Reuters graphical data analysis shows.T...

Nestle withdraws Maggi from shelves, blames 'environment of confusion' in India

Jun 05, 2015 at 08:52 | Source: FirstPost

With various food safety agencies finding Maggi noodles unsafe and states banning it, Nestle India has decided to take the product off the shelves temporarily, the company said in an early morning press release today.However, the company seems to sti...

Nestle India gives in, withdraws Maggi from stores temporarily but insists it's safe

Jun 05, 2015 at 07:35 | Source: FirstPost

With various food safety agencies finding Maggi noodles unsafe and states banning it, Nestle India has decided to take the product off the shelves temporarily, the company said in an early morning press release today.However, the company seems to sti...

Japan stock market cap hits record, exceeds 1989 peak | Reuters

May 23, 2015 at 02:15 | Source: FirstPost

TOKYO The market capitalisation of shares listed on the Tokyo Stock Exchange's main board hit a record high on Friday, topping a 26-year peak and marking one victory in Prime Minister Shinzo Abe's campaign to jolt the economy out of a long phase of d...

Indian co-founders of IGate to make a windfall $1 bn in CapGemini's acquisition of the US co

Apr 28, 2015 at 09:52 | Source: FirstPost

CapGemini, a French information technology services company, said it will buy US-based rival IGate Corp for $4 billion in a deal that would make North America into its biggest market and hand IGate founders a $1 billion windfall.CapGemini also raised...

French IT firm Cap Gemini to buy U.S. rival IGATE for $4 billion| Reuters

Apr 27, 2015 at 23:18 | Source: FirstPost

PARIS (Reuters) - Cap Gemini SA, a French information technology services company, said it will buy U.S.-based rival IGATE Corp for $4 billion in a deal that would make North America into its biggest market and hand IGATE's founders a $1 billion wind...

Yes Bank up 97% in fiscal 2015: Private banks return way more to investors than public lenders

Apr 01, 2015 at 17:59 | Source: FirstPost

By Kishor Kadam and Dinesh UnnikrishnanRisk-averse private sector banks remained the darlings of stock market investors in fiscal year 2015, giving almost double the returns compared to capital-starved, stress-ridden state-run banks. Analysts do not ...

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