Deutsche Bahn wants to use INSTC to trade with Iran
Uploading Date : 27-10-2016NEW DELHI: The International North-South Transport Corridor (INSTC), which carried out the first test shipment this month between India and Russia, has received a shot in the arm with Germany's decision to trade with Iran via this connectivity project.........
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Government looks to sell stake in Hindustan Zinc
Uploading Date : 26-10-2016NEW DELHI: The government is yet again looking to monetise its stake in Hindustan Zinc and may suggest a share buyback offer to the company controlled by Vedanta's Sterlite Industries besides seeking a special dividend. The government owns 29.59% stake in the firm that is worth over Rs 30,000 crore at current market prices.......
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Buy, sell, hold: Investing tips on 8 largecap stocks post Q2 nos
Uploading Date : 26-10-2016Here are investing ideas on 8 large cap stocks post September quarter results. Jubilant Food Bank of America Merrill Lynch maintains buy call with target price of Rs 1320 per share. It says the company is likely to target volume-led growth with focus on better pricing and promotion while economical launches to continue to drive same stores sales growth.......
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Who are contenders for the top job? Tatas may find it tough to get an outsider
Uploading Date : 25-10-2016Given the way Cyrus Mistry was removed as chairman of Tata Sons, the Tatas might find it difficult to find too many people to replace him and, hence, settle for an internal candidate, say headhunters. “It will be an uphill task for the Tatas to find someone from overseas,” says a senior Mumbai-based headhunter..............
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Brokers bat for silver ETFs in Budget
Uploading Date : 24-10-2016Brokers are lobbying the government to introduce silver exchange traded funds (ETFs) in the coming Union Budget, to bring more savings into the financial markets......
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Why was Cyrus Mistry sacked? Top possible reasons for his exit
Uploading Date : 24-10-2016Ratan Tata, patriarch of one of India's most influential families, will take over as interim chairman of Tata Sons after the salt-to-software conglomerate's board ousted Cyrus Mistry, who had sought to shake up the firm's management........
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IRDAI to discuss licences for foreign reinsurers in today's meet
Uploading Date : 24-10-2016The Insurance Regulatory and Development Authority of India (IRDAI) board will be meeting today to discuss giving second level approval or R2 to foreign re-insurance companies, which will pave the way for them to start operations in India..........
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New FDI norms may open vaults for fintech companies
Uploading Date : 24-10-2016BENGALURU: The Reserve Bank of India’s move to allow up to 100% foreign direct investment (FDI) in regulated financial services companies other than banks or insurance companies through the automatic route is likely to benefit several fintech startups as it is expected to ease equity funding norms, increase investor interest, and also help them expand into more financial services......
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