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RBI Rescues Mutual Funds, To Hold Special Auction To Meet Redemptions
The Reserve Bank Of India will hold an additional 14-day money auction to help banks meet the cash requirements of ......
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Reliance Money To Pick 15% Stake In Hong Kong Mercantile Exchange
Reliance Money, the retail brokerage arm of Reliance Capital, is picking 15% stake in Hong Kong Mercantile Exchange (HKMEx) in ......
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TV18 Abandons Broking JV With Ambit, Formerly Centurion Bank
Blame it on the falling stock markets and the impending slowdown. Leading media group Television Eighteen (TV18) India Ltd has abandoned its ......
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FIIs Dominate Trading Activity On Bourses, Retail & HNIs Decline
Foreign institutional investors (FIIs), who have played second fiddle to domestic non-institutional investors in recent times with respect to overall trading ......
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SEBI Removes Curbs On P-Notes; Raises Holding Limit In Stock Exchanges
Capital market regulator, Securities & Exchange Board of India (SEBI) has announced some major reviews in its policies and new initiatives ......
Others
Mukesh Ambani Hikes Stake In RIL To 54.9%
The promoters of India's largest private sector company, Reliance Industries Ltd, have increased their stake in the company by converting ......
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Reliance Money Gets Regulatory Nod To Pick Up 10% Stake In NMCE
Anil Ambani's Reliance Money has picked up a 10% stake in the third largest commodity exchange in the country, National ......
Others
N.Y. Firm Launches Emerging Markets Hedge Fund
New York-based Oranda Capital Management has launched an emerging markets hedge fund to invest in mid- to large-cap ......
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US Senate To Vote On Bailout Plan Wednesday
In the midst of hectic parleys between US lawmakers to muster support for the $700-billion financial sector bailout plan, the U.S. ......
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As Wall Street Bailout Fails, Asian Markets Trade Down
After the US House of Representatives voted out a $700 billion bailout plan to rescue the troubled Wall Street financial ......
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