MARKETS
FINANCIAL SERVICES
IDBI Capital signs MoU with Oriental Bank
IDBI Capital Market Services Ltd on Wednesday signed a memorandum of understanding (MoU) with Oriental Bank of Commerce (OBC) to offer e-trading services through www.IDBIpaisabuilder.in. The portal ...
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Wells Fargo sets up tech centre
Wells Fargo, one of the largest integrated financial services providers with about $482 billion in assets under management, has announced the opening up of its technology development centre in India at Hyderabad. It gradually plans to ramp this ...
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MUTUAL FUNDS
Fixed maturity plans turn attractive as companies' deposits lose shine
Companies accepting deposits, already a dwindling community, are on the backfoot. Many of them, unwilling to increase interest rates, are faced with the situation where investors are not ready for renewals. Instead, some sections are moving away ...
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STOCKS
Jet Airways jumps as global operations gain pace
The shares of Jet Airways have been on an upward course during the last week in the wake of a distinct improvement in their international operations during January and February. The stock jumped by about 5.75 per cent on Wednesday to end the ...
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TAXATION
Can dividend declarations be a zero-sum game?
March has been seeing a double march of dividend announcements from corporates. To know if the calculations that lie behind the dividend decisions will pan out to the advantage of companies, Business Line contacted Mr P.K. Vijayaraghavan, ...
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TECHNICAL ANALYSIS
Bull domination
Bulls dominated Wednesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment is ...
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STOCK EXCHANGES
LSE plans trading platform for small units
London Stock Exchange is keen to help India develop a trading platform for small and medium enterprises, Mr Martin Graham, Director of Markets- LSE, has said. He also said LSE had in the recent past been drawn into discussions with the Indian ...
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COMMENTARY
Global cues aid market recovery; banks shine
Markets for a change opened in red to close the day in green. Positive global cues helped the markets to settle after a shaky start. Chinese regulator moves to curb stock prices failed to impact the markets, which went on to close at an all-time ...
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IPOS
Recently listed textile stocks rule below IPO price
Post-quota regime, retail boom result in too many new issues
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