MARKETS
NEW FUND OFFER
HSBC launches tax saver equity fund
HSBC Asset Management (India) Pvt Ltd is launching `HSBC Tax Saver Equity Fund (HTSEF),' an open-ended Equity Linked Savings Scheme, on November 20. The fund closes on December 15. The fund seeks to provide long-term capital appreciation ...
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Lotus India launches new fund
Lotus India Asset Management Company, a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide, on Wednesday announced the launch of `Lotus India Tax Plan', an open-ended equity linked savings scheme. The new fund ...
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MUTUAL FUNDS
Mutual funds performance shows mixed trend
Exactly six months after the stock market crashed in May, a curious trend has emerged in the realm of mutual funds: Two categories of sector funds have proved to be the best performers, while two others have turned out to be the worst. Banking ...
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STOCKS
Viswas Infrastructure moving up steadily
Viswas Infrastructure (erstwhile Mefcom Agro Industries) has of late been moving up steadily with volumes as the company progressed in transforming its business profile and operation. The stock price has gone up around 52 per cent in the last ...
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`Promoters stake in R S Software to rise to 32 pc'
Warrants would generate 5,62,500 additional shares arising out of 5,625 zero-interest non-convertible debentures of Rs 10 each
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TECHNICAL ANALYSIS
Sideways movement
Wednesday's trading activity witnessed sideways movement. However, the sentiment reading of the tradable counters changed to marginally bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the ...
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COMMENTARY
Oil, gas index dips; banks register good gains
After the benchmark indices crested historic highs almost everyday of the week, Wednesday's session, too, witnessed a late morning surge in buying support that took the market indicators to a new all-time high. However, the market's final ...
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PUBLIC OFFER
Gulshan to raise Rs 26.4 cr from follow-on issue
The issue will constitute 51.51 pc of the fully diluted post-issue paid-up capital.
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VENTURE CAPITAL
IFC to invest $6.5 m in Ocimum Bio
International Finance Corporation, the private sector arm of the World Bank Group, will invest $ 6.5 million in equity, for a minority stake and debt in Ocimum Biosolutions, a Hyderabad-based company. Funds raised from this transaction will be ...
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