Investing News - Page 24

Market toll: MF assets see largest decline since December 2010
Fall 4.5% in 2013; direct plans contribute 26% to total AUM.

NSEL crisis: Allegations of fake firms, crooked brokers emerge
Mumbai Mirror reported that the EOW wing has discovered that nine of the 27 companies that defaulted in making payments to the exchange never existed.

Credit card goofups: how to avoid being trapped by telemarketers
When you get a call from your bank's telemarketing agent, we suggest it's best you hear them out, but don't give even a verbal consent for any product or service unless you are 100 percent sure. In fact, when the call is regarding insurance policies, its best not to entertain such calls altogether.

Rupee may open at 61.5: All you need know before the opening bell
Here are the 10 things you should know before the market opens.

FIIs pull out Rs 3,400 cr from debt market in past week
Overseas investors pulled out about Rs 3,400 crore (USD 544 million) from the Indian debt market in the past week amid concerns about the US government shutdown.

Nifty will remain volatile, rangebound: Sell on rally
A look at the broader picture indicates that the Nifty is likely to spend some time in a range of 5,350-6,150 for a while. Until these broad reference points are taken out, it would make sense to sell on rally or buy the dips. This is a strategy suited for a range-bound market.<br /><br />

Markets: This chart explains why it's a good time to book partial profits
Now with the Nifty gaining relative strength to the Sensex their roles have reversed. We feel the Nifty is stronger now as it rallied last week before filling the gap support level. The Sensex on the other hand went all the way into the gap before rallying again.

Guess who will rake in maximum moolah post Twitter IPO? .. It's not CEO
Twitter CEO and Co-founders could be worth as much as $3.7 billion post the IPO

This love-hate relationship with FIIs is clearly overdone
FII should be looked at as a class of investor whose behaviour is no different from any other investor class.<br /><br />

Is your bank charging your credit card for someone else's dues?
One day you get a call from the bank's appointed recovery agent asking you to make the payment on the card outstanding. You check your card details and you have no outstanding dues, but the calls just don't stop.

US shutdown enters Day 3: 10 things to know before opening bell
US markets end lower as US govt shutdown enters Day 3

Twitter reveals IPO filing, aims to raise $1 billion
Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, hopes to woo investors with rip-roaring revenue growth despite never having made a profit in the past three years.

NSEL crisis: EOW gathers 'crucial evidence' in probe, raids on
The police teams, which began raiding as many as 193 locations on Monday, including housing premises of NSEL top brass, brokers and defaulters, have completed their processes at 187 places, a senior EOW official told PTI today.

10 things you need to know before the opening bell
Wall Street retreated on Wednesday, the second day of a partial U.S. government shutdown, as political wrangling in Washington raised investor concerns that the stoppage could be prolonged.

Here's how banks can goof up with your education loan
"Education is the most powerful weapon which you can use to change the world," Nelson Mandela once said. But more often that not, good education comes with a high cost, especially if it is higher education.

Carl Icahn wants Apple to spend $150 bn in stock buyback
Activist investor Carl Icahn is pressuring Apple to spend $150 billion buying back its own stock, a target that would more than double the amount that the company's board authorised.

HUL shares down after Unilever warns of slow India sales
Shares of Hindustan Unilever fell today after investors turned bearish on the stock as parent Unilever warned on Monday that a slowdown in emerging markets accelerated in the July-September quarter.<br /><br />

India will fully finance CAD sans draw down on reserves: Mayaram
Mayaram added the government would not have to go beyond the finance ministry's planned market borrowing for the year, and would be able to meet its budgeted revenue target.<br /><br />

US shutdown: Is it time to exit markets or stay put?
For most folks who manage money, government shenanigans are becoming a regular part of the environment, after similar battles in 2011 and 2012.<br /><br />

10 things you need to know before the opening bell
US stocks closed lower on Monday with just hours to go before a midnight deadline to avert a federal government shutdown, but major indexes ended September with solid monthly gains.

Unregulated players in market reduce consumers' confidence, says FM
Finance Minister P Chidambaram today slammed "unregulated" players in the financial market saying their activities have adversely impacted large number of consumers.

Not investors but FinTech board biggest victim of NSEL crisis: Jignesh Shah
The NSEL crisis is a classic case of management fraud and NSEL board is its biggest victim, said Jignesh Shah in an exclusive interview to CNBC-TV18.<br /><br />

Trade deficit data lifts market, Sensex closes at nearly 2-1/2 week high
Indian markets opened on a weak note this morning after International Monetary Fund(IMF) revised growth forecasts for the year, stating that India will grow only 3.8% in FY14 against 5.6% projected in its July forecast.

After Twitter, 'Candy Crush Saga' creator King.com files for IPO
King.com Ltd, the British mobile gaming company best known for its hit puzzle game 'Candy Crush Saga', has filed confidentially for an initial public offering (IPO) in the United States.

Finally, Twitter to make IPO filing public this week: report
Twitter Inc plans to make its IPO filing public this week, news website Quartz reported on Sunday, citing a person familiar with the social media network's plan.

