Axis Mutual Fund House will shortly be filing for both equity and debt products. These offerings should be available by October / November of this year.
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News
Oil India Limited ( OIL ) IPO opens on September 7th and closes on September 11th 2009 and the price band for the IPO is between Rs. 950 and Rs. 1,050.
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Islamic Bank cannot be called a Bank because of RBI guidelines but it looks like time has changed and Kerala may have first Islamic Bank Next year.
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Sundaram BNP Paribas Select Midcap Fund Declares Dividend of 10% i.e. 1 Re for each unit
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After hitting the Down Circuit Maytas Infrastructure started hitting up circuit in past few days. Something was expected and here comes the news.
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I am a very big fan of DISH TV from 2007 and now I have few more reasons to add to it.
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All insurance companies does not have Swine Flu as one of the listed disease and so apart from being safe against Swine Flu there is panic of being insured.
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SEBI continues to reward retail mutual fund investors. It slashed Entry load & now stops lower exit loads for big investors.
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“I didn’t know what was going to happen the last two years. Why should I know what’s going to happen the next two years?” – Warren Buffet. But some predictions of market move for current week.
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The National Stock Exchange (NSE) was switching to a free float market capitalisation methodology for calculating the value of the S&P CNX Nifty against the full market capitalisation weighted methodology previously.
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RBI has, vide its circular dated April 13, 2009, made the following changes in High Value Clearing for metro centers. Following is the roll out plan for RBI
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Mr Buffet was speaking to shareholders of his Berkshire Hathaway company at their annual general meeting being held in Omaha, Nebraska. The value of Berkshire Hathaway’s investments fell by quite a bit and Mr Buffett’s personal wealth shrank by $25bn (£17bn) and he is now not at the top of the richest person list.
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Now US was ( I am saying was and not is ) considered as free trade country but suddenly all the policies goes into the pocket when the situation turns bad and now they have a higher Tax for the companies doing outsourcing.
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Satyam, India’s number four software services exporter is now caught in a tight spot. Well, it has all happened due to the general practice of the art of pledging shares to raise funds. In India, this act of pledging shares to raise funds is considered as a very common practice.
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Entire negative picture is brought in front of you, only to make you realize that the stock market is never going to recover. Is that true?
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