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Fun Summit

13 August 2009 To bookmark you need to sign in  0
RETAIL INVESTORS
If the MF industry relies on corporate money and then claims that it has a large corpus, it is a mistake. Importance of non-corporate investors should be realised. It is in the interest of the industry to have increased investor participation. – CB Bhave, chairman, SEBI

ML View: This could have been straight out of the speeches of the previous three SEBI...
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Aadhaar BHIM Transactions Fall 30% in Past 5 Months
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Investor Interest
Budget Special : No increase in passenger rail fares, slew of sops in budget

13 August 2009 To bookmark you need to sign in  0
In a thanks-giving budget, Railway Minister Mamata Banerjee Friday proposed no increase in passenger fares or freight tariff while announcing a slew of measures including launch of 12 non-stop point-to-point long-distance trains and air-conditioned double-decker coaches for inter-city travel, reports PTI.

Banerjee proposed an outlay of Rs407.5 billion for 2009-10. Out of this,...
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Investor Interest
MCX-SX ropes in Nomura to find PE investors for stake sale

13 August 2009 To bookmark you need to sign in  0
The country's third largest national level stock exchange, MCX Stock Exchange (MCX-SX) has appointed global investment banker Nomura Financial Advisory, for selling stakes in the company to the private equity (PE) firms, reports PTI.

MCX-SX, promoted by Financial Technologies (India) Ltd (FinTech), currently runs currency derivatives trading and is awaiting regulatory approvals to...
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