The Government has decided to allow public sector companies buy back their shares like any private company. Such a move would help the Government meet its disinvestment target. The Cabinet Committee on Economic Affairs on Thursday approved a proposal to enable the Department of Disinvestment “respond to normal practices in the corporate world if proposed […]
The Government has decided to allow public sector companies buy back their shares like any private company. Such a move would help the Government meet its disinvestment target. The Cabinet Committee on Economic Affairs on Thursday approved a proposal to enable the Department of Disinvestment “respond to normal practices in the corporate world if proposed […]
The Securities and Exchange Board of India (Sebi) on Thursday warned investors against dealing with unauthorised portfolio management schemes (PMS). “It has come to the notice of Sebi that some entities are soliciting the general public to entrust their funds and securities to them and offering portfolio management and advisory services without obtaining certificate of […]
NFO Details New Fund Offer Opens: Thursday, March 01, 2012 | New Fund Offer Closes: Thursday, March 15, 2012 Company Birla Sunlife Asset Management Company Limited Scheme Name Birla SL Gold Fund Scheme Type Open ended scheme Benchmark Index Gold-India Fund Manager Satyabrata Mohanty Category FOF – Gold Initial Offer Price (Rs) Rs. 10 Minimum […]
Wishing they’d saved more money is what people regret most in life, followed by not working harder at school, according to a survey http://www.financialexpress.com/news/people-regret-not-saving-more-money-most-in-life/917750/
Market manipulation and price rigging continue to be the biggest concerns for investors, despite harsh actions taken by the capital market against unscrupulous operators for cornering IPOs and trading on insider information. Securities transaction tax (STT) and corporate governance lapses are the other worries, according to a large number of investors who participated in a […]
The Union government has reduced the cap on subscription by retail investors in the Rs 3,000-crore tax-free bond issue of Rural Electrification Corp (REC) to Rs 1 lakh, from Rs 5 lakh that was allowed for previous such issues. A notification dated February 14 issued by Central Board of Direct Taxes (CBDT) clearing the issue […]
Capital market regulator SEBI will launch an investor education programme through short films, TV and radio commercials in English and regional languages. http://www.thehindubusinessline.com/markets/stock-markets/article2935464.ece
Investors in India may soon be able to take exposure to top stocks of Brazil, Russia, South Africa and China as BSE gets ready to launch derivatives contracts of benchmark indices of these countries. http://economictimes.indiatimes.com/markets/stocks/market-news/bse-sensex-futures-to-be-traded-on-brics-bourses-by-march/articleshow/11998628.cms .
In the first three quarters of the financial year 2011-12, more than 3 lakh active insurance agents have quit the profession. Insurance companies such as Life Insurance Corporation of India (LIC), ICICI Prudential and HDFC Life have seen mass exodus owing to lesser incentive to agents when compare with other similar sophisticated industries. http://economictimes.indiatimes.com/news/news-by-industry/jobs/exit-of-3-lakh-agents-puts-insurance-sector-at-risk/articleshow/11997738.cms .
