Fall 4.5% in 2013; direct plans contribute 26% to total AUM.
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.
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.
Here are the 10 things you should know before the market opens.
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.
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 />
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.
Twitter CEO and Co-founders could be worth as much as $3.7 billion post the IPO
FII should be looked at as a class of investor whose behaviour is no different from any other investor class.<br /><br />
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 markets end lower as US govt shutdown enters Day 3
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.
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.
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.
"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.
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.
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 />
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 />
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 />
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.
Finance Minister P Chidambaram today slammed "unregulated" players in the financial market saying their activities have adversely impacted large number of consumers.
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 />
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.
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.
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.