Investing News - Page 22

Why you should think twice before guaranteeing a loan

While it is okay to guarantee a loan of a trusted relative or friend, it is important to understand the implications of the responsibility you are taking on as a guarantor. Here is what you must know.

Sensex opens flat again, Wipro top loser despite good show

The BSE Sensex opened at 20887, up 32 pts, 0.16 percent while the Nifty opened up 13 pts, or 0.21 percent at 6216.<br /><br />

US job data disappoints: 10 things to know before the opening bell

Here are some of the things you should know before the Indian market opens

Wockhardt's third plant hit by export restriction, stock down

The UK Medicines and Healthcare Products Regulatory Agency will instead issue a restricted certificate, which means Wockhardt will be able to supply only "critical" products from the factory located in Kadaiya in western India, the company said in a statement.<br /><br />

Dull start to markets: Rupee weak, Nifty below 6200 on profit booking

Indian markets opened flat this morning on subdued global cues. Investors await the US jobs data which was delayed by the government shutdown.<br /><br />

Good news: Senior citizens get tax break on income from house

With an aim to make the reverse mortgage facility more attractive for senior citizens, the government has decided to give tax break on installment earned by pledging his residential property.<br /><br />

Eyes on Wipro, US job data: 10 things to know before opening bell

Here are the 10 things you should know before the opening bell.

Govt creates Joint Secretary post in Fin Min to deal with forward markets

The new officer will look after the Forward Markets Commission and works related with it.

NSEL: Police say board was aware of scam, EOW to attach investors' assets

Although investigations are still in the initial phase, according to CNBC-TV18 sources there was clear indication of mismanagement at the board level.

NSEL scam: Tax sleuths go after investors; summons thousands of assessees

Some of the queries indicate that the taxman is attempting to discover and probe the whether investors had disclosed the income made from such trades.

Banks replace IT as main drivers of Nifty rally

That marks a second consecutive month of gains: the banking sub-index gained 6.3 percent in September after the central bank's move to ease short-term rates offset the impact from its hike in the repo rate last month.<br /><br />

Saradha chit fund scam: Court freezes Sudipta Sen's accounts

A special money laundering court here has ordered freezing of bank accounts of Sudipta Sen, the arrested chairman of Saradha group embroiled in alleged chit fund scam, to allow probe agencies complete investigations against the firm.

Wealthy NSEL investors like Akshaye Khanna deserve no sympathy

The cases of retail investors losing money in ponzi schemes are even higher than wealthy investors losing money in such schemes. In India, the Tamil Nadu police became so fed up with such scams that they threatened to arrest investors who invested in such promised high return schemes.

Hindalco gains 3% as PM is 'satisfied' with coal allocation process

The allocation of Talabira coal block in Odisha is in the eye of a storm with CBI booking Aditya Birla Group Chairman Kumar Mangalam Birla and former Coal Secretary P C Parakh.<br /><br />

Tax-free bonds are going cheap: should you buy them?

For retail investors, this could be a good opportunity to buy directly from the market giving these higher YTMs

Five reasons for Sensex euphoria this Diwali

The markets are discounting good news of the future. They believe that the worst is now over and are tired of gloom

Live: Sensex erases gains but Hindalco is on fire

Indian markets opened in the green this morning after touching a three-year high on Friday on the back of strong earning from technology sector and foreign liquidity.<br /><br />

NYSE to hold 'dry run' of its systems for Twitter IPO

The Big Board said on Friday it would allow trading firms to conduct a dry run of their systems to prepare for Twitter's IPO.

West Bengal: Saradha scam worth Rs 2,460 cr, reveals probe

The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' money still remaining unpaid, a latest investigation report has revealed.

Why analysts believe Sensex may touch 21,000 this Diwali

The BSE benchmark Sensex is likely to hit the much awaited psychological level of 21,000 this Diwali, driven by robust foreign fund inflow, good quarterly earnings from corporates so far and favourable global cues, say analysts.

Google shares break $1,000 barrier as mobile ads boost revenue

Google Inc shares jumped past $1,000 on Friday as investors bet on the Internet company's continued dominance of the mobile and video advertising businesses.

Technicals: Uptrend for Nifty still intact but hurdles remain

Once the Nifty clears the May 2013 high the next resistance in price is the all time high of around 6350. The clearing of these levels then increases the potential that the Nifty will make the 1000 point move.

Chart: Nifty all set to conquer its life-time high

The positive view would be in force as long as the Nifty trades above the recent swing low of 5,700. Until this swing low is breached, there would be a strong case for a rally to 6,357 and beyond.<br /><br />

Google stock may be latest to hit $1,000 but it's definitely not the last

In a market where stock splits have become rarer, there may be more of this to come than just the two stocks with four-digit stock prices in the Standard & Poor's 500 index - Google and Priceline.com , which hit $1,000 earlier this year.

Court gives police custody of NSEL's Anjani Sinha till Oct 31

Claiming innocence, former head of the National Spot Exchange Limited (NSEL) Anjani Sinha, held in the Rs 5,600 crore payment crisis, Friday said that he was acting under the board's pressure, sources said.

Rajan's baby: India may launch interest rate futures in 2 months

India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.

EPF scam: Withdraw or transfer your balance, but don't keep it idle

If you have changed jobs and not bothered to either withdraw the funds or get the balance transferred to the new EPF account, please withdraw the money from your erstwhile EPFO account. Here's why.

Rude shock: Balance in 30% PF accounts negative as fraudsters withdraw funds

Fraudsters have siphoned off cash from about 25 million or 30 percent of PF accounts, which were dormant or inoperative for the last few years.

Sensex opens 100 pts up, all eyes on L&T earnings

The BSE Sensex opened at 20534.03, up 118.52 points or 0.58 percent while the Nifty opened at 6080.25, up 34.40 points or 0.57 percent.