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Pimco's Gross problem: who can succeed the 'Bond King'?
When Pimco co-founder Bill Gross' heir apparent abruptly stepped down this week, the news illustrated just how reliant the company ......
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BSE Sensex hits record closing high
The BSE Sensex closed at a record high on Wednesday as drug makers rallied on optimism about their quarterly earnings, ......
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Mohamed El-Erian quits world's largest bond fund manager Pimco, to stay on at Allianz
Mohamed El-Erian, heir apparent to Pimco co-founder Bill Gross, will step down as chief executive and co-chief investment officer, raising ......
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World's largest sovereign wealth fund eyes riskier bets
In May 2012 the world's largest sovereign wealth fund joined U.S. investors BlackRock and Waddell & Reed to buy a ......
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Govt picks banks for managing Axis Bank stake sale worth over $900M
India has chosen JPMorgan Chase & Co, Citigroup Inc and JM Financial Ltd to help sell half of the government's ......
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Foreign investors permitted to put: Some cheer, some confusion
‘Put Options’ in favour of a non-resident requiring an Indian resident to purchase the shares held by the non-resident under ......
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Four possible turnaround plays
Six months ago I wrote a column explaining why over 80% of the great companies on the BSE 500 self-destruct. ......
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"We will be coming up with a B2C model soon": Haresh Bathija, managing director and CEO, Suvidhaa Infoserve
Suvidhaa Infoserve, a company that provides internet-based payment collection services for various industries, including mobile telephone services, electric power, gas, ......
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RBI sets up committee to review governance structure of bank boards
The Reserve Bank of India (RBI) has constituted an expert committee to review governance of boards of banks in India. ......
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Inventus Capital closes second fund at $106M
India-focused early-stage investment firm Inventus Capital Partners has officially announced completing fundraising process of its second fund at $106 million. The ......
