MARKETS
FINANCIAL SERVICES
IOB launches two products
Indian Overseas Bank today announced the launch of two products — an online broking facility for the bank's customers and a foreign currency pre-paid travel card for overseas travellers. `IOB Insta Invest' is offered in collaboration with ...
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NEW FUND OFFER
Lotus India launches contra, mid-cap funds
Both the schemes open for subscription from Feb 15
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STOCKS
Hindalco shares crash 13.74%
The deal is very expensive: Analysts
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Financial Tech: Betting on growth
The stock of Financial Technologies gained 3.74 per cent in adverse market conditions. According to market players, the company's recent announcement that it plans to set up an international multi-commodity exchange, Global Board of Trade (GBOT), ...
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TECHNICAL ANALYSIS
Bear domination
Bears dominated trading activity on Monday. The sentiment reading of the tradable counters remains bearish. Bull move on Tuesday is likely to change the sentiment reading in their favour. Nifty futures The February month contract ...
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STOCK MARKETS
Markets taking pessimistic view of overseas buys
Uncertainties about financing plans is a key concern
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Sensex sheds 348 points
Rising inflation numbers, high interest rates and negative cues from global markets pushed down the equity markets for a second consecutive session on Monday. The BSE-30 Sensex shed 348.20 points or 2.39 points to close at 14,190.70 points ...
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INTERVIEW
`MF industry responding well to the market's needs'
The funds industry has never had it better: Assets under management is on the rise, the number of players looks set to jump, products are being rolled out by the dozen. Yet, as Mr A.P. Kurian, Chairman of Association of Mutual Funds in India, ...
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COMMENTARY
Mid, small-caps take a beating
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PEOPLE
Arindam Ghosh may become regional head for Mirae Asset
Mr Arindam Ghosh is tipped to take over as Head of Regional Business Development for Asia Pacific at Mirae Asset, the South Korean asset management group that intends to set up operations in India, it is learnt. Mirae, which when permitted will ...
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