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Two dozen bidders for Sharekhan; decision in 10 days Two dozen bidders are in the fray to either acquire a controlling stake or buy-out Sharekhan, one of India's top five retail brokerage houses. Among the bidders are believed to be several big names such as Blackstone, Goldman Sachs, TPG...

Sensex dips below 14,000 mark The market is in a tizzy. The 30-share Sensex again fell below the 14,000 level. At 2 pm, the index was at 13,938, down 290 points or 2%. The low so far for the index is 13,922. It had opened at 14,219, the day's high. The Nifty was at 4092, down 76 points or...

Hello all , Get info on stock market n share ur info with us...... pls particiapate.... regards, Priyanka..

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Bajaj, Allianz tie up for MFs, credit cards Bajaj Auto and German financial services provider Allianz on Wednesday announced the setting of a joint venture for distribution of mutual funds, credit cards, personal loans and home loans. Unlike the other two joint ventures between Bajaj and...

Give YV credit: Borrowing dips The measures taken by RBI to curtail credit growth seem to have worked. Combined credit growth for January and February — a period during which credit picks up every year — is equivalent to the credit growth for December. However, deposits have almost doubled in...

ICICI Bank to add Signature mark on credit card market n A bid to woo the creme-de-la-creme of the country, ICICI Bank plans to roll out the Signature brand from the VISA stable. Speaking to ET, ICICI Bank cards product group head Sachin Khandelwal said: ”We are working out the contours of...

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MFs on SIP drive to rope in more small investors In a country where literacy about the stock market and mutual funds in particular, is miniscule at best, fund houses are going all out to bring in more investors into the MF fold. Close on the heels of a recent announcement by Reliance of a...

MoF nod for PPP rating today The government has set the ball rolling for rating public-private partnership (PPP) projects. The rating would be for pre-bidding as well as post-bidding stages. Once the rating process is in place, accessing funds for infrastructure projects undertaken on a PPP...

Dedicated MFs to help small investor join global takeover The cap applicable on fund houses for investing in overseas instruments may soon go, provided the investments by retail investors is routed through a dedicated overseas fund. Fund houses such as Fidelity, Franklin Templeton and...

$4b isn’t enough, fund houses want more Mutual fund managers have welcomed the RBI’s decision to increase industrywide limit for investment in overseas securities by mutual funds to $4 billion. However, most of them say the central bank should raise the individual limit of $150 million per...

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Travel is more than champagne & caviar Sulekha is vacationing in South-East Asia. Unfortunately during one of her visits to a shopping mall, she lost her bag that contained cash and important documents. But unlike other tourists, she didn’t panic as she’d taken a travel insurance before...

How to trade an insurance policy Got a life insurance policy you want to get rid of? Want to earn a little more than what the insurance company would pay you as surrender value? Go, trade in your insurance policy. Thanks to a recent Mumbai high court verdict, you can now trade in your life...

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