In a bid to protect the interests of retail investors, the Securities and Exchange Board of India (Sebi) is planning a clear segregation of retail and institutional schemes. Sources said Sebi might ask fund houses to create separate portfolios and net asset values (NAVs) for retail and in…

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Mumbai: The initial public offer ( IPO) of the private sector shipbuilder, Pipavav Shipyard, on Wednesday got fully subscribed in the very first hour of its first day of subscription. Pipavav Shipyard, which expects to raise as much as Rs 513 crore through its public offer, received bids …

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Two deadlines and several controversies later, the $23 billion cash-and-share swap deal between Bharti Airtel and South Africa’s MTN is ready to be signed, sources close to the negotiations confirmed today. “The deal is all set, agreed and legally ready to be signed,” the source sai…

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MUMBAI: As many as eight out of the top ten most valued companies added over Rs 23,000 crore to their market capitalisation in the last week. However, oil major ONGC and telecom giant Bharti Airtel witnessed erosion in their market cap during the week. The country’s most valued f…

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The preceding economic recession has led corporates and IT majors rethink and redesign business models for further improvement in terms of impact on organisational performance through better alignment from the planning stage, a survey by leading auditing firm KPMG said. The report, title…

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An economy is best judged not in fair weather but foul. India has successfully weathered the great financial crisis of September 2008. Indian Crisis Investing in an uptrend Is it right time to take a plunge? Will the markets rally from here? Signs of the Times gross domestic product…

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Gold is likely to touch Rs 18,000 per 10 grams during the forthcoming festival season as the demand for the yellow metal peaks around Diwali time, according to a projection by industry body Assocham. Gold prices is expected to increase by Rs 2,000 per 10 grams by Diwali, which is followe…

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Home loan seekers can save up to Rs 10,000 on their monthly repayments for one year as the government today approved one per cent interest subsidy for houses that cost less than Rs 20 lakh. Want to pay less for your dream home? Here’s how! Most Read Fares on other airlines soar …

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NEW YORK: Wall Street lives on. One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little. Backed by huge federal guarantees, the biggest banks have restructured only around the edges. Employment in the industry has…

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Godrej Properties will launch its initial public offering ( IPO) in the next three months with fresh issue of 10 per cent shares, group Chairman Adi Godrej told reporters. “About 3.5 per cent shares will be available for pre-placement,” Godrej said on the sidelines of an indu…

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