Axis Mutual Fund launches Dynamic Bond Fund
Axis Mutual Fund has launch Axis Dynamic Bond Fund, an open ended debt scheme that aims to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Scheme of Ways and Means Advances (WMA) to the State Governments for the Fiscal Year 2011-12
Scheme of Ways and Means Advances (WMA) to the State Governments for the Fiscal Year 2011-12
Dia Vikas re-ups allocations into MFIs
Dia Vikas, a leading social sector investor, has infused money across three microfinance institutions. The company has invested Rs 13 crore into BWDA Finance Ltd (BFL), one of the major MFIs based in Tamil Nadu.
How global telecos can profit from India’s experience
As many wireless telecommunications operators around the world reach saturation points in consumer penetration, they fear hitting a growth wall. These companies face mounting competition, declining average revenue per user (ARPU) and steeply rising costs.
Govt to meet SEBI, DEA to discuss takeover code
The Ministry of Corporate Affairs (MCA) is set to discuss the provisions of the takeover code with Securities and Exchange Board of India's (SEBI) and the Department of Economic Affairs (DEA) next week, reports CNBC-TV18 quoting sources.
NSE to launch CNX small cap index on March 30
In continuation of its efforts to develop indices that meet the requirements of market participants, IISL proposes to launch “CNX Smallcap Index”.
US should move effectively to conclude Doha Round: Bhagwati
World renowned trade economist Jagdish Bhagwati on Wednesday said unless the United States moves effectively, the World Trade Organisation (WTO) talks to reach Doha deal would be difficult to achieve in 2011.
Gaja Capital reaps rich in Educomp part-exit
Homegrown venture capital/private equity firm Gaja Capital Partners, that came out with a multibagger in its six-year-old investment in education services firm Educomp in a series of part exits in 2007, has once again begun selling shares of the company.
Micro Housing Finance Corporation raises Rs 19cr
Micro Housing Finance Corporation (MHFC), a housing finance company, raised its second round funding to the tune of Rs 19 crore from its main external investors, the Indian Financial Inclusion Fund (IFIF) and the Michael & Susan Dell Foundation.
PTC India Financial to include in BSE IPO w.e.f April 01
The following inclusion shall be made in BSE IPO index on the basis of guidelines governing inclusion and exclusion of scrip(s) in BSE IPO index.
PTC Fin sinks on debut as high valuations keep away buyers
Shares of PTC India Financial Services sank 11.4% on debut to close at Rs 24.90 on the National Stock Exchange Wednesday as there was little follow up buying in the stock.
Second Liquidity Adjustment Facility : Auction Results
Second Liquidity Adjustment Facility : Auction Results
India riveted to Mohali India-Pakistan blockbuster
Deserted streets and markets, empty buses and trains and people bunking work presented the picture of a nation riveted to the heart stopping World Cup cricket semi-final clash today between arch rivals India and Pakistan.
Prism Informatics acquires GOD Barcode Marketing mbH
Mumbai-based Prism Informatics Ltd, a listed software development and IT consulting firm, has informed BSE that the company has entered into an agreement with the promoters/owners of GOD Barcode Marketing mbH (GODBM) , Germany, for acquiring 100% stake in the company.
Essar Group firms extend date for merger approvals
India Securities, an Essar Group firm, that is taking over another group company that owns an indirect stake in mobile operator Vodafone Essar, said the two boards have extended the deadline to Sept. 30 for getting the approvals for the merger.
PTC India Financial disappoints the street on debut
It was disappointing day for shareholders of PTC India Financial Services as shares traded below the issue price on first day itself. It tumbled 11.43%, to close at Rs 24.80 as against issue price of Rs 28 a share, after hitting an intra-day high of Rs 27 and low of Rs 23.5 on the National Stock Exchange.
RBI releases Study on State Finances 2010-11
RBI releases Study on State Finances 2010-11
Highlights: India 141/2 off 25 overs vs Pakistan
India opener Virender Sehwag struck a frenetic 38 with nine boundaries before he was dismissed lbw by Wahab Riaz in the World Cup semi-final against Pakistan on Wednesday.
Michael & Susan Dell Foundation buys 5% in Waterlife India
Michael & Susan Dell Foundation picked up approximately 5% by way of fully and compulsorily convertible debentures of the Hyderabad-based Waterlife India Pvt Ltd, a water purification company. The actual amount pumped into the firm is not known.
Libya rebels flee oil town under Gaddafi bombardment
Libyan rebels pulled out of the oil town of Ras Lanuf on Wednesday under heavy bombardment from Muammar Gaddafi's forces, showing up their weakness without Western air strikes to tip the scales in their favour.
India iron ore exports fall for 8th month, ups freight rate
India's iron ore exports fell for the eighth straight month in February because of a continuing ban on shipments by its key Karnataka state and exports are likely to face further pressure as the country hikes freight rates again.
Deepak Fert to invest $350 mln in Aus; shares rise
Pune-based chemicals maker Deepak Fertilisers and Petrochemicals Corp said on Wednesday it would invest about USD 350 million to set up a technical ammonium nitrate (TAN) manufacturing unit in Australia, pushing its shares up more than 4%.
91 days Treasury Bills : Auction Result
91 days Treasury Bills : Auction Result
182 days Treasury Bills : Auction Result
182 days Treasury Bills : Auction Result
Market sees 7th consecutive day gain, Nifty ends up 51 pts
It was a spectacular upmove for the Indian equity benchmarks especially for the seventh consecutive session on Wednesday on huge volumes - ahead of settlement day tomorrow for the month of March.
