Last Updated: Wednesday, August 19, 2015, 16:00
Mutual Fund managers seem to be bullish on software shares as they raised their allocation in the sector to an all time-high of over Rs 38,000 crore in July due to depreciation in rupee.
Last Updated: Wednesday, August 19, 2015, 15:48
Private equity firm Piramal Fund Management on Wednesday said it has exited its investment in a luxury residential project of realty player Omkar in Mumbai for almost Rs 500 crore.
Last Updated: Wednesday, August 19, 2015, 15:38
Standard & Poor's on Wednesday said the government's plan to infuse capital into public sector banks is a "breather", but is unlikely to "fully resolve" their looming credit shortfall.
Last Updated: Wednesday, August 19, 2015, 15:16
The companies, however, declined to comment on the amount being invested and the percentage of stake being picked up.
Last Updated: Tuesday, August 18, 2015, 17:24
Markets regulator Sebi has given its go-ahead to rights issue proposed by two companies -- Hydro S&S Industries Ltd and Ashima Ltd -- to raise a total of Rs 180 crore for repayment of loans.
Last Updated: Tuesday, August 18, 2015, 16:13
The IPO space is in the thick of activity as 30 companies line up offers worth more than Rs 16,000 crore to fund their business expansion, meet working capital requirements and make loan repayment.
Last Updated: Tuesday, August 18, 2015, 14:18
Retirement fund body EPFO has decided to re-examine its plan to launch online PF withdrawal facility for its subscribers having Aadhaar enabled PF and bank accounts, in the backdrop of apex court ruling.
Last Updated: Monday, August 17, 2015, 21:44
US securities regulators ordered two Citigroup affiliates Monday to pay $180 million to settle charges that they defrauded investors by falsely claiming a pair of hedge funds were low-risk.
Last Updated: Monday, August 17, 2015, 15:44
An Indian asset management firm has launched a USD 250 million realty fund for Gulf investors to develop mid-income residential properties in India.
Last Updated: Saturday, August 15, 2015, 19:15
Greek Prime Minister Alexis Tsipras was Saturday battling a major revolt amongst members of his radical-left party who oppose the third huge bailout for the crisis-hit country.
Last Updated: Friday, August 14, 2015, 19:38
The government has decided to inject Rs 70,000 crore in PSBs in four-year period starting this fiscal with Rs 25,000 crore.
Last Updated: Friday, August 14, 2015, 18:39
The government has received investment proposals worth about Rs 1.10 lakh crore in the last 12 months under the electronics manufacturing scheme MSIPS.
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