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Economy News

Rupee ends lower for the 5th straight session

India Infoline News Service / 17:53, Apr 20, 2018

The Indian rupee closed at Rs.66.11/$1, ending lower against the dollar for the 5th straight session. The rupee ended at 66.11, down by 48 paise against the US dollar. The Indian rupee opened 29 paise down at 66.08 against the US dollar today.

Business News

DLF shares land monetisation, expansion plans; to be debt free by Mar 2019

India Infoline News Service / 17:44, Apr 18, 2018

India's largest property developer, DLF Ltd, said that it will share details of plans to develop its land parcels, as it tries to dispel investor concerns over the slow pace of monetization of assets, Bloomberg reported.

IPO News

Initial Public Offering: The money-making process

India Infoline News Service / 12:35, Apr 14, 2018

An Initial Public Offering (IPO) is when the stock of a new or existing private company is on offer for the public to buy for the first time.

MF News

Best Mutual Funds to Invest in 2018

IIFL / 10:37, Apr 21, 2018

The best way to get the benefit from volatility is investing in mutual funds via Systematic Investment Plan (SIP). SIP is a way to invest via which investors can invest a fixed amount in a mutual fund for a defined period. SIP helps investors in ‘Rupee Cost Averaging’ and follow a disciplined approach without worrying about the short-term volatility in the market volatility.

Global News

Oil erases gains after Trump slams OPEC for inflating prices

India Infoline News Service / 19:42, Apr 20, 2018

The comments came as a meeting of ministers from the Organization of Petroleum Exporting countries and allies including Russia showed willingness to further tighten oil markets and boost prices.

M & A News

Federal Bank to acquire 26% stake in Equirus Capital

India Infoline News Service / 17:45, Feb 22, 2018

The Investment rationale has been driven by the need to increase the product offerings to a spectrum of wholesale clients by offering comprehensive financial solutions for Debt & Equity Capital Markets, Structured Finance, Capital Market products and Advisory.

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