Hong Kong probes bank deposits complainant links to Malaysia PM

Last Updated: Friday, September 11, 2015, 12:23

Hong Kong police are investigating bank deposits a complainant said were linked to Malaysian Prime Minister Najib Razak, police said on Friday, as a probe into a troubled Malaysian state investment fund widens.

SEBI to enhance supervision on stock brokers

Last Updated: Tuesday, September 8, 2015, 16:31

The Securities and Exchange board of India (SEBI) is planning to enhance supervision on stock brokers after they defaulted on 20 billion rupees of investor fund.

Mutual Fund industry AUM slips 5% to Rs 12.55L crore in Aug

Last Updated: Monday, September 7, 2015, 18:04

The mutual fund industry witnessed a drop of nearly 5 percent in assets under management (AUM) to Rs 12.55 lakh crore in August, mainly on account of fall in inflow into such schemes.

Gender parity in workforce can boost India's GDP by 27%: Christine Lagarde

Last Updated: Sunday, September 6, 2015, 19:22

India's GDP can expand by a whopping 27 percent if the number of female workers increases to the same level as that of men, International Monetary Fund's chief Christine Lagarde said Sunday.

Idea seeks shareholders nod for raising up to Rs 10,000 crore

Last Updated: Saturday, September 5, 2015, 19:38

Idea Cellular is seeking shareholders nod to raise up to Rs 10,000 crore through issue of non-convertible securities on private placement basis in one or more tranches.

IMF official warms to interim deal to boost emerging markets role

Last Updated: Saturday, September 5, 2015, 09:19

A compromise deal on reforms to give emerging markets greater influence at the International Monetary Fund is increasingly likely, a key official said on Friday, weeks before a deadline for U.S. action expires.

Suzlon seeks shareholders nod to raise Rs 5,000 cr

Last Updated: Friday, September 4, 2015, 16:00

Wind turbine manufacturer Suzlon Energy's board has sought shareholders' approval to raise up to Rs 5,000 crore through the issue of securities.

Fresh trouble for Sahara Group; SC seeks reply on I-T return notice

Last Updated: Friday, September 4, 2015, 14:02

In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.

UTI Mutual Fund looking to cross Rs 1.1 trillion mark by fiscal-end

Last Updated: Thursday, September 3, 2015, 21:30

After having joined the Rs 1 trillion club of fund houses, the Unit Trust of India Mutual Fund (UTI MF) is now looking to cross the mark of Rs 1.1 trillion by the fiscal-end.

IMF says Fed `can hold off` on interest rate rise

Last Updated: Thursday, September 3, 2015, 21:10

The International Monetary Fund said Thursday that the Federal Reserve has the room to hold off from raising interest rates for the moment amid a "pretty bumpy" global economic situation.

Corp bond private placement hits 4-month high at Rs 46,000 cr

Last Updated: Thursday, September 3, 2015, 15:15

Indian companies raised over Rs 46,000 crore through private placement of corporate bonds in August, making it the highest fund raising in the last four months.