New Delhi:Owing to a sluggish trend in stock markets, at least 22 companies, mainly from real estate and power sector, have called off their initial public offers (IPOs) in this fiscal, a report has said. “The bad mood of the capital market have led 22 companies to call off their IPOs during this fiscal. Even […]
Below is the online application forms of all Mutual Funds* of India -How to invest in Mutual Funds (Lump sum/ Onetime)? To invest in onetime mode just download the Common Application Form, fill it and submit to the branch -How to invest in Mutual Funds (SIP)? To start an SIP download the Common Application and […]
Company India Infoline Asset Management Co. Ltd. Scheme IIFL Nifty ETF NFO Opens on 28-Sep-11 NFO Closes on 12-Oct-11 About An Open Ended Scheme, 90-100% in Domestic Equities, 95-100% in Stocks comprising S&P CNX Nifty Index, 0-5% in Debt & MMI Objective The investment objective of the scheme is to provide returns (before fees and […]
Company L&T Investment Management Limited Scheme L&T MIP Wealth Builder Fund NFO Opens on 27-Sep-11 NFO Closes on 11-Oct-11 About An Open Ended Income Scheme, 70-100% in Debt and MMI, 0-30% in Equity & Equity Related instruments Objective The primary investment objective is to generate monthly income through investments in a range of […]
Premium collection of the life insurance industry in India continued to decline in August. During the April-August period, the industry collected premiums worth Rs 71,565.49 crore by writing new policies. This was a fall of 22.07 per cent, compared with Rs 91,833.94 crore collected in the corresponding period last year. During the April-June period, premium […]
Arch rivals for over 15 years, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are joining hands to make equity trading more convenient. Sources close to the exchanges say stock feeds coming from both BSE and NSE will be made available on a single trading platform. Till now, stock brokers had to […]
Fortunes of investment banks dominant in initial public offers may deteriorate as the regulator attempts to split their roles in due diligence of a company before the share sale, and marketing the issue to investors, said two people familiar with the plans. A panel appointed by the Securities & Exchange Board of India will probably […]
In order to hedge risk in the falling interest rate and equity market scenario, the Insurance Regulatory and Development Authority ( Irda) is planning to allow insurance companies to invest in derivatives such as equity futures and options, credit default swaps, stock indexed options, commodity futures in gold and silver and interest rate swaps http://economictimes.indiatimes.com/personal-finance/insurance/insurance-regulatory-and-development-authority-may-allow-insurers-to-invest-in-derivatives-commodity-futures-in-gold-and-silver/articleshow/10148880.cms
To give a fillip to the sagging stock market, the Government is considering a cut in the Securities Transaction Tax (STT). The Finance Ministry, too, is considering a rationalised and uniform stamp duty on securities transactions. News about the reduction and rationalisation of duty and taxes cheered the market. http://www.thehindubusinessline.com/industry-and-economy/government-and-policy/article2487555.ece?homepage=true
A new survey found that the average age of wealthy people is 36 years, and 20 per cent of them are single in China. The survey found that China has the highest proportion of “double income no kids” at 18 per cent, the Independent reports. http://www.financialexpress.com/news/wealthy-indians-average-age-is-39/850727/
