Mumbai: Mutual fund assets have regained the Rs 10 trillion mark in July, boosted by inflows in money markets and equity funds, according to industry data collatedby Crisil.The AUMs had crossed the Rs 10 trillion
Mumbai: Tata AIG General Insurance Company has launched three new health insurance products— MediPlus, MediSenior and MediRaksha. While MediPlus is a smart and affordable top-up health Policy, MediSenior is a health cover for senior customers
New Delhi: State Bank of India has been asked by a consumer forum here to pay a compensation of Rs 5,000 to one of its customers for receiving double payment of equated monthly installment (EMI)
New Delhi: Nudging the RBI to cut interest rates to boost growth, Finance Minister Arun Jaitley today said he had already made his mind clear and hoped the central bank will take decision after taking
Mumbai: Foreign brokerage HSBC has said it expects the rupee to trade at 60-levels by December against the dollar even though risks on the domestic unit from both external and domestic fronts have increased. “We
New Delhi: Saying that success is a joint enterprise between the government and the people, Mahindra Group Chairman Anand Mahindra has voiced confidence in the Narendra Modi-led Bharatiya Janata Party government.“India is at an audacious
New Delhi: Adani Enterprises, the flagship company of the Adani Group, reported a profit after tax of Rs. 557 crore for the first quarter ended June 30, 2014 on the back of a 43 per
New Delhi: Godrej Industries today posted 45.91 per cent growth in consolidated net profit at Rs. 77.70 crore for the first quarter ended June 30, 2014-15.It had reported net profit of Rs. 53.25 crore in
Mumbai: A day after the arrest of Bhushan Steel vice chairman Neeraj Singal in the cash-for-loan case at Syndicate Bank, State Bank of India (SBI) - a big lender to the firm - on Friday
New Delhi: Tata Steel Ltd has shut down one of its ferro alloys plants in Odisha because of raw material shortage. In a statement the company said the suspension in production is due to a
New Delhi: In one of its biggest penalties for non-disclosure of a key earnings ratio, Sebi today imposed a penalty of Rs 13 crore on Mukesh Ambani-led corporate behemoth Reliance Industries for violation of the
New Delhi: Welcoming the nod to higher FDI in defence and opening up the railways infrastructure sector, India Inc today said the move reflects the Narendra Modi-led government's resolve to usher in economic reforms. Industry bodies
New Delhi: Expressing commitment to ensure price stability, the government today said it is taking measures to bring down inflation. “Government is committed to ensuring price stability and is closely monitoring the situation and taking
Mumbai: Reserve Bank governor Raghuram Rajan has warned that global markets are at the risk of a “crash” due to the lingering competitive loose monetary policies being followed by the developed economies. Warning that the current
Mumbai: Indian rupee was trading at a five-month low Friday, dropping to 61.70 to a dollar, as foreign funds continued to sell their stocks and fresh concerns emerged over the situation in Iraq.After plunging to
Mumbai: Reserve Bank governor Raghuram Rajan has said that India will not give up all limits on FII investments in bonds as a precondition for inclusion in global indices for bonds.The major indices of the
New Delhi: The crucial Sebi Bill aimed at tackling the ponzi menace was on Wednesday approved by Lok Sabha with government saying that Prime Minister Narendra Modi will soon announce a financial scheme which will
New Delhi: The rupee posted its biggest single-day fall in six-and-half months on Wednesday as heavy dollar outflows from the domestic share and debt markets continued as foreign investors pared their holdings.Foreign funds have sold
Mumbai: Reserve Bank Governor Raghuram Rajan today said India has emerged from the perception of being in crisis and has placed itself as a better place to remain invested.“I keep telling the international fora that
Mumbai: Giving no respite to borrowers, Reserve Bank for the third time in a row kept the key policy rate unchanged saying that it has to remain vigilant to the impact of deficient monsoon on
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