UTI AMC, India’s oldest asset management company with assets of around Rs 61,000 crore, could finally have a permanent boss after being headless for the last 18 months. The AMC’s board has recommended to its...
Utrecht University students are learning to become sustainable entrepreneurs with a serious game called Solar Tycoon. But are serious games a substitute for real experience? It all started when Geoscience professors at the University of...
Invested in mutual fund or have you diversified your portfolio yourself? Did you find yourself amongst lucky few to be on profitable side or just blamed downward spiraling economy? Okay I hear you, someone prevaricated...
Portugal has sold debt bills worth 2 billion euros ($2.45 billion) at lower interest rates – a sign of growing investor confidence in the debt-laden country. Portugal’s creditors believe a turnaround is within reach.The interest...
TUI Travel India, a part of TUI Travel PLC – one of the world’s leading leisure travel groups, announced the appointment of Mr. Shashank Shekhar Mishra as Assistant Vice President- Sports. With its new sports...
In March, EU countries endorsed the fiscal treaty and ESM rescue fund. Now, on the last day before the parliamentary summer break, Germany’s upper and lower houses are expected to ratify it. But there is...
Gati Ltd in a filing with the BSE said company plans to pay a special dividend of 30 per cent to the shareholders of the company for the financial year 2011-12. The decision is being...
India’s three oil marketing companies have decided to reduce petrol prices by a minimum of Rs.2.46 a litre, depending on states’ sales taxes, from midnight. In Delhi, the revised price for a litre of petrol...
NIFTY shut shop 21 points higher ahead of Future and Option market expiry tomorrow. It was very range bound market and NIFTY hovers between a small band of 25-30 points. Street and market participants are...
Morgan Stanley has maintained its ‘underperform’ rating on State Bank of India, with a target price of Rs 1,425, after a meeting with the lender’s management. Deteriorating asset quality coupled with slowdown and high interest...
After Mr. Pranab Mukherjee resigned from Finance Minister Prime Minister Manmohan Singh has taken over finance ministry under his fold. The move is significant as Indian economy is struggling on various fronts and policy action...
Apple’s arch rival Samsung has encountered a major set back after US court bans its Galaxy Tab 10.1 to be sold in US markets. District Judge Lucy Koh ruled that “Samsung has a right to...