Gross inflows in equity funds were almost stable, but redemptions jumped in October
ICICI Bank today said it will this month-end redeem bonds worth USD 340 million, issued by its Bahrain branch in 2006.
Credit Suisse the sudden departure raises uncertainty over the new monetary policy framework and managing potential volatility around events like NRI deposits redemption between September and November this year.
Bank account is necessary to invest in mutual funds. Bank account can be added to a mutual fund portfolio.
This allows for a proper way to plan for the entire investment and here is a detailed look at what the investor can do in the matter.
When the tax workings are made then the capital gains would ensure that the cost goes out of the equation and due to this reason the gains part of the total amount that has come would not be very high.
eMart Solutions, a leading loyalty company, focussed on providing customer engagement solutions to various multinational and Fortune 500 brands, ...
Peter Elston, head- Asia Pacific Strategy and Asset Allocation, Aberdeen Asset Management says the EMs will enter a bear market only if inflation edges higher.
Short-term interest rates have surged and shares have slumped after the Reserve Bank of India unveiled measures late on Monday in an attempt to shore up the ailing rupee.
Rolta India has redeemed all its outstanding foreign currency convertible bonds (FCCBs) amounting to USD 134.7 million, including redemption premium of USD 38 million, the IT solutions provider said on Thursday.
Wind turbine maker Suzlon Energy on Friday said it is in advanced stages to raise up to USD 300 million from new facilities to meet its FCCB (foreign currency convertible bonds) obligations in June.
Orchid Chemicals and Pharmaceuticals will repay USD 167 million in FCCBs (foreign currency convertible bonds) on Tuesday, CNBC-TV18 said quoting sources.
With underlying concerns on outstanding FCCBs, Sintex Industries is all set bring it up for redemption in FY13. In an interview to CNBC-TV18, Sunil Kanojia, group president of the company believes though the market is battered now, the time span to FY13 will be long enough.
Pidilite industries is in the limelight regarding the announcement of a Foreign Currency Convertible Bond issuance to an investor. Sandeep Batra, CFO joins CNBC-TV18 to detail the company move.
Foreign currency convertible bonds (FCCBs) worth around 315 billion (USD 7 billion) are due for redemption over the next two years with more than 80% of the outstanding FCCBs trailing below their conversion price, a study by Crisil Research showed.