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Watching a turning tide: 10 things driving markets today

vUS stocks rose on Tuesday, with the S&P 500 index advancing for its longest stretch since early July, as an alternative proposal emerged that could avert a possible Western military strike on Syria. Asian stocks rose on Wednesday.

'MFIs should look at tapping capital markets'

Micro-finance institutions need to explore the option of raising funds from the capital market and take advantage of the government schemes for investment purposes, a top finance ministry official said today.

SKS Microfinance raises Rs 200 cr through securitisation

SKS Microfinance today said it has raised Rs 200 crore by selling loans to a state-run bank through a securitisation deal

Sensex closes in red; United Spirits hits 20-month high

The equity markets have rallied six percent this month after the UPA government initiated reforms and allowed FDI in retail, broadcast and aviation sectors.

Transition from non-profit to for-profit: Mistakes SKS committed

The problem was the company's larger-than-life claims of empowering the poor and poverty alleviation, even as it veered towards for-profit model.

Full circle: more than 100 stocks swing from 52-wk high to 52-wk low

132 out of the 136 stocks were actually basking in the glory of being at 52-week highs exactly a year ago.

Live: Sensex closes flat, ABB jumps on results

Among the stocks that are likely to see action during the day are Kingfisher, which has cancelled a number of flights due to non-payment of fuel bills to refiners HPCL and BPCL.

Microfinance is a discredited model, says Jairam Ramesh

Micro-finance is in a "danger zone" and to think that poverty alleviation in India is possible through this "discredited model" is "crap", Rural Development Minister Jairam Ramesh said today.

SKS Micro finds its feet again, Akula on way out?

The attempt to remove Dr Akula can at best be seen as an image makeover for the company, which has taken a big hit since Gurumani was sacked as the CFO.<br /><br /> <br /><br />

Markets move in red, JP Associates continues to fall

Markets drift in red with JP Associate being the biggest loser among the index stocks.