MARKETS
FINANCIAL SERVICES
Religare inks pact with Aegon
The Ranbaxy promoter group co to enter insurance, asset management
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MUTUAL FUNDS
How the small players stack up
While investors would invariably focus on the asset loss suffered by largest players, the end-June AMFI numbers also bring their smallest counterparts to the fore. Their AUMs too have reduced, a trend that has underscored their relatively ...
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PruICICI MF ups stake in Sunil Hitech
Prudential ICICI Mutual Fund has increased its stake in Sunil Hitech Engineers Ltd, a company specialising in fabrication, erection, testing and commissioning of thermal power plants, an official statement said. The shareholding ...
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Outflows apparent in large MFs
Market recovery fails to arrest withdrawals from funds
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TECHNICAL ANALYSIS
Bearish sentiment prevails
Bears prevailed over Friday's trading activity. The sentiment reading of the tradable counters changed to bearish. Bull move on Friday is likely to change the sentiment reading to bullish. On the other hand, prevailing sentiment reading is likely ...
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FOREIGN INSTITUTIONAL INVESTORS
Rain Comm. to convert warrants
Rain Commodities Ltd has informed the stock exchanges that a meeting of its board of directors would be held on July 15 to consider allotment of 10-lakh equity shares to Citicorp Finance (India) Ltd at a price of Rs 40 each (including a premium ...
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South Indian Bank board okays hike in FII limit
The board of South Indian Bank has approved a proposal to increase the FIIs stake in the bank's equity to 49 per cent, up from the 24 per cent that they are permitted to hold at present. The FIIs current holding in the bank is slightly over 20 ...
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COMMENTARY
Profit booking leaves a weak note
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IPOS
BSE to go in for strategic partner
To divest 51 per cent equity; proposes IPO
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