Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «portfolio»

16 March, 2018 3:08 PM India Q3 current account deficit widens to $13.5 bn

Mumbai: Driven by higher imports, India`s current account deficit (CAD) widened to $13.5 billion during the third quarter of 2017-18 from $7.2 billion in the second quarter and $8 billion in the corresponding period in 2016-17, Reserve Bank of India (RBI) data showed on Friday. "India`s CAD at $13.5 billion (2 percent of GDP) in Q3 of 2017-18 increased 32

15 March, 2018 5:03 PM HP eyes gaming segment, finds place among top PC brands

Technology major unveils Omen X portfolio of computers Technology giant HP said it has been able to cement a place among the top gaming PC brands in India within a year of its unveiling and is expanding its portfolio to cater to a wider range of players, including amateurs. “Since we launched last year, we have been doing really well, business wise. We are already 33

15 March, 2018 8:11 AM Buy India Grid Trust; target of Rs 105: Axis Direct

India Grid completed acquisition of three ROFO assets (MRP*) from its sponsor, Sterlite Power, at discounted valuation of Rs 14.1 bn vs. Rs 14.9 bn indicated in Oct’17 and Rs 15.7 bn that by independent valuers. India Grid has also signed agreement to acquire third party asset (PTCL#) from Techno Electric for Rs 2.3 bn. We believe both these above 41

14 March, 2018 4:47 PM Suryoday bank opens first partner-led outlet

‘Former banker to run Chennai unit’ Mumbai-based Suryoday Small Finance Bank Ltd., (SSFB) opened its first ‘partner-led outlet’ in Chennai by joining hands with an experienced banker to expand its footprint, said a top executive. “The maiden outlet in Chennai will be managed by the former banker along with our staffer,” said R. Baskar Babu, managing 39

13 March, 2018 7:29 AM Future Consumer zooms 15% after Motilal Oswal initiates coverage with Buy, sees 50% upside

Future Consumer shares rallied more than 15 percent intraday Tuesday after brokerage house Motilal Oswal said FCL was best play on the huge window of opportunity for brands using modern retail methods of distribution. In addition, FCL appears best placed among Future Group companies from a revenue, profit and RoCE perspective, given the group’s focus 50

12 March, 2018 5:21 PM J&K Finance Minister Haseeb Drabu divested of portfolio

Mr. Drabu had commented that Kashmir “was not a political issue but a social problem”. J&K Chief Minister Mehbooba Mufti on Monday divested State Finance Minister Haseeb Drabu, of his portfolio, two days after he had remarked that “Kashmir was a social and not a political issue”. Mr. Drabu had been the architect of the party’s alliance with the BJP. In a communique 34

12 March, 2018 3:10 PM Sensex zooms 611 points; Nifty ends above 10,400 on global rally

Sensex spurts 610.80 pts to close at 33,917.94, logs biggest single-day gain since Mar 2016. Mumbai: The benchmark BSE Sensex on Monday spurted by 611 points — its biggest single-day gain since March 2016 — to finish at one-week high of 33,917.94 following a relief rally in global markets on growing prospects of the US economy. Investors lapped up recently 38

8 March, 2018 8:25 PM With Eyes On India, China Ex-Uber Chief Travis Kalanick Announces Next Venture

Washington: Travis Kalanick, the former chief executive and co-founder of the ride-hailing company Uber, has announced his next venture: an investment fund. The announcement answers lingering questions about what the brash tech entrepreneur would take up after his tumultuous departure from Uber. "Over the past few months I've started thinking about what's 63

8 March, 2018 5:26 PM RBI fines Equitas for selling MF, insurance products without approval

The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on Equitas Small Finance Bank for distributing mutual fund, insurance and wealth management without taking prior regulatory approval. “The bank reported having undertaken the activity of rolling out Mutual Fund units, Pension products, Insurance products and portfolio management services 48

8 March, 2018 7:10 AM TeamLease Services advances 4% on increasing FPI investment limit to 75%

Shares of TeamLease Services rose 4.6 percent intraday Thursday on increasing foreign portfolio investment (FPI) limit. The company received approval from Reserve Bank of India (RBI) for increase in FBI investment limits under portfolio investment scheme from 24 percent to 75 percent of the paid up capital of the company pursuant to board and shareholders 62