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Money News - Page 29
Sensex flat, rupee still above 63, realty stocks gain
Indian markets opened flat this morning ahead of the September IIP and October CPI data, which will be released later today.<br /><br />
IOC road shows on disinvestment to begin on Tuesday
Citibank, HSBC and UBS Securities are among the five merchant bankers selected to manage the IOC share sale.
Sebi needs to step up criminal enforcement: EU market watchdog
The European market regulator said that Sebi faces three main challenges that impact the effectiveness of its regulation on the securities market participants.
Nifty closes below 6100, Tata Motors slips on JLR margin concerns
The Indian equity markets opened in the red this morning after the rupee breached the 63 mark against the US dollar for the first time since 30 September.<br /><br />
New bank licences: Sebi scans listed applicants, group firms
Sebi's scrutiny follows detailed queries shot off by RBI to various regulators in India and abroad as part of its due-diligence of entities seeking to enter banking arena.<br /><br />
Mutual funds continue selling spree, withdraw Rs 4,000 cr from stocks in Oct
The funds sold shares worth a net Rs 4,018 crore in the equity market during October, while they had pulled out a net Rs 2,800 crore in the preceding month, according to latest data available with market regulator Sebi.<br /><br />
Twitter's IPO gives NYSE momentum in battle against Nasdaq
Twitter Inc's successful debut on the New York Stock Exchange could help the Big Board win a title it has never held before: the No1 US listing venue for technology companies.
Union Bank of India revises fixed deposit rate up to 1.25%
Bank has reduced the interest rate on deposit for five to seven years maturity by 0.25 percent.
Despite bearish performance, Nifty outlook is bullish this week
From a medium-term perspective, only a breach of the swing low at 5,700 would damage the bullish set-up.
Unlisted firms can directly raise funds abroad: RBI
The government aims to bring down the CAD to below $60 billion this fiscal, as against $88.2 billion in the last financial year.
Checklist: 10 ways to help you manage your finances better
The following are at the genesis of financial freedom and are necessary to inculcate the requisite rigor for optimising the available financial resources to achieve the ultimate goal of financial independence:<br /><br />
TechM shares surge to over 6-year high: All you need to know
Shares of Tech Mahindra, India's fifth largest IT major, rose more than 5 percent on Friday to its highest since May 2007 after the company's July-September earnings beat some analysts' estimates.<br /><br />
Big surprise for Twitter: Shares jump 92% in frenzied IPO debut
Twitter Inc stock soared 92 percent in their first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the microblogging site, pushing its market value to a heady $25 billion.
Understanding what S&P's warning means for India
S&P does point out that whatever fiscal discipline that has been achieved so far has been at the cost of cutting down on development project expenditure or selling state enterprises.
Sensex ends at one-week low but IT stocks gain on weak rupee
The Indian equity markets fell for a third consecutive day with the BSE Sensex ending at fresh one-week low of 20,822.77, down 72.17 points or 0.35 percent lower while the Nifty ended 27 points lower at 6187 after rating agency Standard & Poor's said it may cut India's sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country's low economic growth.<br /><br />
EPFO settles over 10 lakh claims in October
Retirement fund body settled 10.21 lakh claims including transfer and withdrawal of Provident Fund in October, which is 28% more than such settlements in September this year.
Planning to buy RCom's iPhone 5? Here's how you can port your number
For the benefit of those who want to make this switch, here is a quick guide on MNP:
IRDA's digital makeover: Soon get vehicle insurance details via SMS
According to a report in the Hindu BusinessLine, Insurance Regulatory and Development Authority (IRDA) is planning to provide a service which will enable vehicle owners to get the details of their policy via an SMS.
Karnataka Bank, Dhanlaxmi gain on foreign takeover hopes
The RBI on Tuesday said it will treat foreign banks operating in the country on nearly equal terms with local lenders should they move to a wholly owned subsidiary structure.
Sensex opens flat, rupee weak; Bhel down 5%
The BSE Sensex up 4.87 points at 20,899.81, Nifty rises 7 points to 6,222.25.
Restaurant search engine Zomato raises Rs 228 cr in fresh funding
Info Edge, which is an existing investor in Zomato, said in a separate filing to the stock exchanges that it had invested Rs 57 crore in Zomato in the latest round.
Sensex ends below 21,000 again, Bhel down on poor show
The Sensex was down 79.85 points to end at 20894.94. The Nifty closed at 6215.15, down 38.00 points.
Ways to handle a friend who wants to borrow money from you
Lending money to a friend is not a very good idea. This is because we tend to remember the loans we give, but forget the loans we take. And this phenomenon, where borrowers conveniently forget that they owe money to a friend, is called 'blind spot'.
IT stocks rally on stellar Cognizant results
The BSE IT index was the top gainer in a flat market on the back of stellar results from US-based Cognizant.<br /><br />
Sensex flat, rupee weak, IT stocks biggest gainers
Indian markets opened flat this morning while the Indian currency opened weak.<br /><br />