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MCX-SX partners with FTSE to launch global indices in India

13 August 2009 To bookmark you need to sign in  0
MCX Stock Exchange (MCX-SX), India’s new stock exchange, Wednesday said it has signed a cooperation agreement with global index provider Financial Times Stock Exchange (FTSE) to bring a range of international and new domestic indices in the country.

UK-based global index provider FTSE is jointly owned by The Financial Times and the London Stock Exchange.

Under the agreement, both...
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Editors' picks
Companies & Sectors
Jet Airways: Naresh Goyal, Wife Anita Step Down From Board, Lenders to Provide R...
Moneylife Digital Team
Moneylife News
Companies & Sectors
Jet Airways: Govt Reportedly Asks PSBs To Save the Carrier f...
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Nation
How Manohar Parrikar Walked the Talk with His Simplicity and...
Dr Anupam Saraph
Money & Banking
Aadhaar BHIM Transactions Fall 30% in Past 5 Months
Moneylife Digital Team
Investor Interest
Japan's Nomura buys 35% stake in LIC units for Rs3.1 billion

13 August 2009 To bookmark you need to sign in  0
Life Insurance Corp of India (LIC), the country's largest state-run insurer said Japan-based Nomura Asset Management Co Ltd has bought a 35% stake in its mutual fund units for about Rs3.1 billion.

Nomura bought 35% stake each in LIC Mutual Fund Asset Management Co Ltd (LICMF) and LIC Mutual Fund Trustee Co Private Ltd (LICMF Trustee) as a strategic partner, Takumi Shibata, deputy...
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Investor Interest
Just $23,148,855,308,184,500 for a pack of cigarettes!

13 August 2009 To bookmark you need to sign in  0
Imagine buying a pack of cigarettes or eating out at a restaurant and being charged $23,148,855,308,184,500 i.e. $23 quadrillion for it on the credit card.

This shocking incident came true for New Hampshire's Josh Muszynski and North Texas's Jon Seale when the 17-digit amount appeared on their credit card statements, reports PTI.

Muszynski swiped his card at a gas station to buy a...
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