Cap on upfront fee: Distributors fume

Many fund houses yet to come on board; threat by agents to stop selling MFs, some to petition CCI as

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GMR Holdings pledges 16.8 crore shares

Diversified group GMR Infrastructure’s key promoter GMR Holdings has pledged 16.8 crore shares or about 3.85 per cent stake in

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Wipro ready to grab bigger share of $8 tn IT spend: Suresh Senapaty

Senapaty, who hung his boots at the Bangalore-based firm after 35 years, described his journey as “enriching” and “wonderful”.      

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FY15 returns: Markets, debt top the charts

The 2014-15 financial year was good for stock markets and debt instruments, both of which gave positive real returns. The

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eClerx buy Italian digital services firm for 25 million euros

CLX Europe helps create, manage and deliver media content to support marketing, communication and branding for retail companies.           Read

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Oil drops to $55 as Iran nuclear talks intensify

Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day

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IBM to invest $3 bn on ‘Internet of Things’

IoT helps in harnessing relevant information from massive amounts of data collected by smartphones, tablets, connected vehicles and appliances.      

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Bonds, rupee gain in March quarter; outlook uncertain

Bonds rose for a fifth consecutive quarter, while the rupee posted its first gain in four, on optimism sparked by

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Infosys ropes in former SAP India’s MD Anirban Dey

Anirban Dey announced his appointment at Bengaluru-based Infosys on Twitter and has also updated his profile on LinkedIn.           Read

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Volatile markets end flat; Sensex gains 25% in FY15

The 30-share Sensex ended lower by 18.37 points at 27,957.49 and the 50-share Nifty slipped 1.30 points at 8,491 Read

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Markets end lower amid volatile trading session

The 30-share Sensex provisionally ended at 27,920 down 56 points and the 50-share Nifty was down 10 points at 8,482.

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Sadbhav Infra, UFO Moviez get Sebi nod for IPO

Sadbhav Infra Projects and UFO Moviez have received Sebi’s approval to raise funds worth Rs 600 cr and Rs 750

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Financial Technologies zooms on heavy volumes

The stock rallied 15% to Rs 194 on the National Stock Exchange. Read More

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Sadbhav Infra, UFO Moviez get Sebi nod for IPO

Two firms, Sadbhav Infrastructure Projects and UFO Moviez India, have received capital markets regulator Sebi’s approval to raise funds worth

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Software-defined networks ease Wi-Fi deployment, says Avaya

Avaya is banking on its software-defined network (SDN) strategy which it said is a key development today with many pilots

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12 of top 25 pharma shares rally over 100% in FY15

The list includes Lupin, Ranbaxy, Aurobindo,Natco Pharma, Torrent Pharma, Strides Arcolab and Wockhardt. Read More

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Godrej Properties to develop housing project at Bengaluru

Recently, Godrej Properties had announced development of a new 43 acre-township project at Pune in partnership with two other companies.

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Petron Engineering soars on contract win

The stock rallied 13% to Rs 242 on the National Stock Exchange. Read More

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GVK Power surges as airport unit plans $250 million IPO

Till 0930 hours, a combined 5.97 million shares changed hands and there are pending buy orders for 1.53 million shares

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Just Dial gains as Goldman buys shares

Shares of Just Dial Ltd gain as much as 2.59 per cent after Goldman Sachs bought 2.7 per cent stake

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Crude oil futures rise 0.41% on global cues

Crude oil futures rose 0.41 per cent to Rs 3,161 per barrel today as speculators created fresh positions despite a

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Gold futures drop 0.30% on weak overseas trend

Gold prices fell by 0.30 per cent to Rs 26,190 per 10 grams in futures trade on Tuesday after participants

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