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UBI in talks with IDBI, Sharekhan for online broking
Tie-up with Franklin Templeton Mutual Fund
NEW FUND OFFER
Kotak launches emerging equity scheme
Kotak Mahindra Mutual Fund has launched Kotak Emerging Equity Scheme, a 3-year close-ended equity growth scheme, which aims to generate long-term capital appreciation from a portfolio of equity and equity-related securities. The investment will ...
Franklin Templeton eyes overseas investments
Franklin Templeton is aiming to tap Indians' new-found penchant for larger overseas investments in a big way, subject to regulatory provisions. The fund house, the fifth largest in the country with close to Rs 24,000 crore under management, is ...
FT may stop sale, if overheated
Franklin Templeton, which about a year ago briefly suspended sale of one of its top products, may choose to consider such a move again if investors' interests are at stake, Mr Kudva said here on Tuesday. The fund in question, Franklin India ...
ICICI Bank, HDFC Bank ADRs slump
Trading trend in ADRs present a negative signal for the Indian markets, as most counters opened on a weak note. This was despite a strong opening by the US markets - Dow was up about 73 points at 8.30 p.m. IST, while Nasdaq and S&P-500 gained
Orchid Chem raises $200 m through FCCBs
Orchid Chemicals and Pharmaceuticals today announced that it has raised $200 million (Rs 900 crore) through an issue of zero coupon foreign currency convertible bonds. These bonds convert into shares at a premium of Rs 348.34, which is 30 per ...
Will valuation go up for other telcos?
The Vodafone deal is going to bring out intense competition between a global-best telecom giant against India's best, says Mr Romal V. Shetty, Director (Telecommunications), KPMG. "Vodafone would aim to be number 1 quickly," he reasons. Mr ...
Jain Irrigation: Betting on Budget
The Jain Irrigation stock has jumped 13.42 per cent over one month and 3.5 per cent over the past week on the back of institutional buying. On Tuesday, it gained 0.28 per cent to close at Rs 431. Citigroup recently hiked its stake in the company ...
Tuesday's trading activity witnessed a volatile movement. The sentiment reading of the tradable counters remains bearish. Bull move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish ...
CRR hike impact: Analysts expect shaky start today
Banking, manufacturing sectors likely to be hit most
Oil and gas sector bucks the negative trend
In a highly volatile trading session, the Sensex closed in the red for the third successive day. At close, the Sensex had shed 99.72 points (or 0.70 per cent) to settle at 14,090.98 points and the Nifty also closed weaker by 13.75 points (or 0.34 ...
Manaksia plans to raise funds through public issue
To enter capital market via book building route
Euro Ceramics IPO subscribed by 3 times
The initial public offering of Euro Ceramics Ltd was oversubscribed 3.02 times on the BSE and NSE as at 7.00 pm. Bids were received across the price band of Rs 150-180 per share. A total of 1,69,89,630 bids were received against the issue size ...
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