In its first-ever acquisition, Reliance Capital Asset Management (RCAM) today announced takeover of global giant Goldman Sachs’ mutual fund business in India for Rs 243 crore in an all-cash deal a…
Posts tagged BL
China issues first offshore renminbi note in London (21-10-2015)
China’s central bank has issued its first offshore renminbi note in London coinciding with President Xi Jinping’s high-profile visit to the UK as the communist giant ramps up efforts to popularise…
Oil falls after industry report shows surge in US crude stocks (21-10-2015)
Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in US crude inventories last week, fanning worries over global oversupply, even as a slightly wea…
Rupee weakens further to 65.12 on increased dollar demand (21-10-2015)
Falling for the second straight day, the rupee depreciated further by 7 paise to 65.12 against the dollar in early trade today on increased demand for the US currency from importers.Forex de…
Rupee weakens further to 65.12 (21-10-2015)
Falling for the second straight day, the rupee depreciated further by 7 paise to 65.12 against the dollar in early trade today on increased demand for the US currency from importers.Forex de…
Sensex opens flat on lacklustre Asian cues (21-10-2015)
The Nifty and the Sensex opened flat on lacklustre Asian cues. The Nifty opened four points down at 8,258, while the Sensex opened five points up at 27,312.
A report by SMC Global said: &…
Gold extends gains for 2nd day on sluggish dollar (21-10-2015)
Gold extended gains for a second session on Wednesday, as a softer dollar increased its appeal as a hedge, with investors awaiting stronger clues on when the Federal Reserve will raise US rates.
Wall Street ends slightly lower (21-10-2015)
Decline in healthcare, biotech stocks offset gains in United Technologies, Verizon
Asian shares subdued, euro steady before ECB (21-10-2015)
Asian equities got off to a sluggish start on Wednesday as concerns about corporate earnings hobbled Wall Street while investors counted down to the European Central Bank’s policy meeting later in…