US co buys 49% in Religare Mutual Fund |
- US co buys 49% in Religare Mutual Fund
- Emirates signals Kingfisher Airlines stake buy
- Capex loans begin to flow, growth to follow
- Over 1L use leaked promo codes to shop at TimesDeal
- Rupee gains 49 paise to close at 53.02
- Govt to borrow 2 trillion rupees
- Sensex closes 53 points down
- Oberoi to enter Dubai next year: Report
- PM wants measures to avoid rupee volatility: FM
- Rupee up 14 paise against dollar
- Sensex up 77 points in early trade
| US co buys 49% in Religare Mutual Fund Posted: 27 Sep 2012 02:54 PM PDT US-based investment management firm Invesco is buying 49% in Religare Mutual Fund in a deal that marks the re-entry of a foreign partner into the Indian asset management company. 
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| Emirates signals Kingfisher Airlines stake buy Posted: 27 Sep 2012 02:54 PM PDT Dubai carrier Emirates is believed to have signalled an early interest to acquire a stake in the troubled Kingfisher Airlines with riders that the latter hammers out long-term loan restructuring and revamp the business plan with a realistic chance of survival. 
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| Capex loans begin to flow, growth to follow Posted: 27 Sep 2012 02:53 PM PDT After several months of downturn, there are tangible signs to suggest that the Indian economy may be bottoming out gradually in the second quarter of FY13. 
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| Over 1L use leaked promo codes to shop at TimesDeal Posted: 27 Sep 2012 12:19 PM PDT Over a lakh have made purchases for free after promo codes for TimesDeal were leaked and shared on the social networking website earlier in the week. 
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| Rupee gains 49 paise to close at 53.02 Posted: 27 Sep 2012 06:10 AM PDT Forex dealers said dollar selling was so strong that some weakness in local equities and also in the US currency overseas did not have impact on rupee. 
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| Govt to borrow 2 trillion rupees Posted: 27 Sep 2012 05:27 AM PDT India will borrow 2 trillion rupees through bonds in the second half of the current fiscal year, in line with the budget estimate earlier this year, the government said on Thursday. 
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| Posted: 27 Sep 2012 04:12 AM PDT Reversing its earlier gains, the BSE benchmark index Sensex closed lower by 53 points on fag-end selling in heavy-weight stocks, including Infosys and Reliance Industries. 
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| Oberoi to enter Dubai next year: Report Posted: 27 Sep 2012 12:09 AM PDT The Oberoi group is set to enter Dubai with the opening of its first hotel here in the first quarter of next year, according to media reports. 
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| PM wants measures to avoid rupee volatility: FM Posted: 26 Sep 2012 11:44 PM PDT Prime Minister Manmohan Singh wants measures to avoid volatility in the rupee, finance minister P Chidambaram told reporters on Thursday after a meeting of the ruling alliance's partners. 
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| Rupee up 14 paise against dollar Posted: 26 Sep 2012 09:58 PM PDT The rupee today rose 14 paise to 53.37 against the US dollar in early trade at the Interbank Foreign Exchange on selling of the American currency by exporters and banks. 
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| Sensex up 77 points in early trade Posted: 26 Sep 2012 09:14 PM PDT The BSE benchmark sensex recovered by over 77 points in early trade today on the back of covering-up of short positions by participants in view of monthly expiry in the derivatives segment. 
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