Reliance Capital plans Islamic funds
A subsidiary of Reliance Capital Asset Management will launch two Islamic funds in Malaysia by July and roll out products for retail investors in two years, a company official said on Tuesday. Go to Source
Archive for June, 2010
GTL-RCom need to rope in PE firms
A report by Anand Rathi Securities states that the cash portion of the GTL-RCom deal is likely to be Rs16,000 crore Go to Source
Reliance Capital plans Islamic funds
A subsidiary of Reliance Capital Asset Management will launch two Islamic funds in Malaysia by July and roll out products for retail investors in two years, a company official said on Tuesday. Go to Source
SBI fixes base rate at 7.5%; others 8%
New rate to take effect on 1 July, replaces SBI’s BPLR of 11.75%; private banks including ICICI, HDFC to announce today Go to Source
SBI fixes base rate at 7.5%; others 8%
New rate to take effect on 1 July, replaces SBI’s BPLR of 11.75%; private banks including ICICI, HDFC to announce today Go to Source
Maoists kill 26 CRPF personnel in Chhattisgarh
The attack, which also left seven personnel including four special police officers of the Chhattisgarh Police injured, took place at Daurai Road area Go to Source
Rupee logs worst fall in 5 quarters, sheds 3.3%
The rupee posted its worst fall in five quarters, but closed a touch stronger on Wednesday buoyed by late gains in domestic shares and a broadly weaker dollar overseas. Go to Source
Markets gain for 6th quarter, longest run in 20 yrs
For the quarter ended June, the 30-share BSE index outperformed the MSCI’s measure of Asian shares other than Japan which shed nearly 9% Go to Source
Rupee logs worst fall in 5 quarters, sheds 3.3%
The rupee posted its worst fall in five quarters, but closed a touch stronger on Wednesday buoyed by late gains in domestic shares and a broadly weaker dollar overseas. Go to Source
Maoists kill 26 CRPF personnel in Chhattisgarh
The attack, which also left seven personnel including four special police officers of the Chhattisgarh Police injured, took place at Daurai Road area Go to Source
BP shares jump as bid talk helps boost sentiment
BP has lost $100 billion in value since its Deepwater Horizon drilling rig sank on 22 April Go to Source
Sebi for neutral bodies to educate investors, curb misselling
Neutral agencies can make an effort to let investors see both the sides of investment products, Sebi chairman CB Bhave Go to Source
Reliance Capital plans Islamic funds
A subsidiary of Reliance Capital Asset Management will launch two Islamic funds in Malaysia by July and roll out products for retail investors in two years, a company official said on Tuesday. Go to Source
Motilal Oswal MF Most Shares M50: Offers active investing feature
A fund that offers both active investing feature such as high capital allocation to companies which have strong fundamentals at cheap valuations along with index investing features such as pre-defined investment rules, no fund manager discretion and low costs. Go to Source
MF News: Reliance Life Insurance introduces Mobinsure
Reliance Life Insurance has announced the launch of unique mobile-based insurance initiative – ?Mobinsure? – a mobile portal offering a range of insurance related services on mobile phones. Go to Source
MFs fail to widen investor base despite rise in AUM
Despite the MF industry?s average assets under management (AAUM) having grossed more than Rs 8-lakh crore, its penetration among investors, especially retail investors, continues to be a cause for concern. Go to Source
Maoists kill 26 CRPF personnel in Chhattisgarh
The attack, which also left seven personnel including four special police officers of the Chhattisgarh Police injured, took place at Daurai Road area Go to Source
China yuan hits post-revaluation high on strengthening hopes
The Chinese yuan rose on Wednesday to a peak of 6.7850 per dollar, its highest since the landmark 2005 revlaution, as traders said domestic banks were betting on the currency strengthening in coming days. Go to Source
