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FTIL sells 2 mn MCX shares in open market, stake falls to 20%
Financial Technologies (FTIL) sold a little over two million equity shares worth Rs 153.6 crore of Multi Commodity…
Sebi plans complete shift to demat format by FY15-end
The Securities and Exchange Board of India (Sebi) has embarked upon an ambitious plan of doing away with physical…
Post-Budget, MFs fear redemptions worth Rs 2 lakh cr
Concerned over additional tax proposals made in the Budget 2014-15, mutual funds fear that redemptions in…
Sensex ends 222 points higher led by rate sensitive shares
Markets surged in late trades, snapping their five-day losing streak, led by rate sensitive shares on hopes that…
SBI reduces some FD rates by 0.5%
State Bank of India, the country's largest bank, cut the interest rate on its fixed deposits up to 179 days by 50…
Canara Bank gives OTS option to Deccan Chronicle promoters
Canara Bank refused a fresh request for restructuring of the Rs 350-crore loan that was remained unpaid by the …
WPI inflation eases to 4-month low of 5.43% in June
The wholesale price index (WPI)-based inflation fell to a four-month low of 5.43% in June against 6.01% in the…
Markets consolidate; Sensex defends 25k
Markets ended a volatile session on a flat note, with a negative bias, amid profit taking in IT major Infosys post…
Swiss chocolate maker Lindt all set to buy Russell Stover
Swiss-based chocolate maker Lindt & Spruengli is in advanced discussions to acquire family-owned US candy…
Economic data to watch: July 14 – 18
In the week ahead, investors will be watching testimony on monetary policy by Federal Reserve Chair Janet Yellen…