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Top News

World powers agree on ‘cessation of hostilities’ in Syria

India Infoline News Service / 06:45, Feb 12, 2016

Russian Foreign Minister Sergei Lavrov has been quoted as saying that a working group chaired by the US and Russia would work out the details within one week.

Stock Market News

Mahindra & Mahindra, BPCL, Adani Ports and NMDC: Check out the expectations

India Infoline News Service / 00:01, Feb 12, 2016

Bharat Petroleum Corporation Ltd, the state owned refiner and oil marketing company, will announce its financial results on February 12 for the third quarter ended Dec 31, 2015. IIFL forecasts the company’s net revenue for Q3 FY16 to plunge to Rs. 44,150 crore, at a rate of 23.8% yoy and 5% qoq.

Economy News

GDP growth shows a different picture than what other indicators point towards

India Infoline News Service / 16:56, Feb 11, 2016

It is true that there is a general weakening of economic activity in the country. Most sectors are facing deceleration. Reason is primarily lack of consumer demand, which is forcing companies to postpone their credit-fueled investment programs.

IPO News

Q4FY5 YPO Global Pulse for Asia Pacific

India Infoline News Service / 18:11, Feb 08, 2016

The Confidence Index combines CEO projections for sales, employee count, fixed investment and business conditions, and is developed by Young Presidents’ Organization (YPO), a not-for-profit, global network of young chief executives connected through the shared mission of becoming Better Leaders Through Education and Idea Exchange.

MF News

UTI Transportation and Logistics Fund declares tax-free dividend of 30%

India Infoline News Service / 13:59, Feb 11, 2016

UTI Transportation and Logistics Fund declares tax-free dividend of 30% (Re.3.00 per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan.

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Global News

Factoring in Volatility: Choppy markets spur interest in multi-factor smart beta strategies

India Infoline News Service / 11:45, Feb 10, 2016

"Over the past year as market uncertainty has reigned, multi-factor smart beta strategies have garnered greater interest. We expect total assets under management (AUM) to continue to increase not only in Europe but in the US and Asia as well," says Justina Deveikyte, a senior analyst at Cerulli.

M & A News

Mylan to buy Swedish drugmaker Meda

India Infoline News Service / 06:54, Feb 11, 2016

Mylan said that the offer, recommended by Meda's board, valued the company at US$9.9 billion, including debt.

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