MARKETS
FINANCIAL SERVICES
IOB gets RBI nod for financial services arm
Indian Overseas Bank has secured the Reserve Bank of India's approval for starting a financial services subsidiary, the bank's Chairman and Managing Director, Mr T.S. Narayanasami, told Business Line on Tuesday. IOB would invest Rs 50 ...
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NEW FUND OFFER
UTI `Goldshare' makes its debut on NSE
One unit represents price of approximately one gram of gold
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DWS Investments launches capital protected scheme
DWS Investments (DWS), the retail mutual fund arm of Deutsche Bank, on Tuesday launched the first in a series of structured and capital protected products — DWS Capital Protection Oriented Fund, through Deutsche Asset Management India (DeAM ...
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TECHNICAL ANALYSIS
Volatile movement
Tuesday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ...
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STOCK EXCHANGES
Kadel Insurance bags more clients
Kadel Insurance Services Private Ltd has been appointed general insurance broker by the Bombay Stock Exchange (BSE) and the National Mineral Development Corporation (NMDC). The Hyderabad-based company is one of the earliest ...
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REGULATORY BODIES & RULINGS
SEBI fiat: Fixed maturity plans, liquid, floating funds may have to act fast
Investments in short-term bank deposits capped at 15%
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COMMENTARY
Markets take a breather after strong rally
Markets paused for breath on Tuesday. This is on expected lines as the Sensex had recorded strong gains, in excess of 500 points, in the previous two sessions. Similar trend was observed in the other Asian markets too despite continued buoyancy ...
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IPOS
PowerGrid files draft prospectus for IPO
Power Grid Corporation of India Ltd (PGCIL) on Tuesday filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offer and partial divestment of Government equity in the ...
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Simplex Projects plans IPO
Seeks funds for long-term working capital requirements
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