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Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Saudi Aramco kick-starts what could be world's biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

4 Nov 2019 9:24 AM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Realty investment in 6 top cities doubles to USD 2.87 billion

Mumbai recorded real estate investments of USD 1,749 million, placing it on 81st position in global survey.

30 Oct 2017 3:06 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Bharat 22 ETF to open on Nov 14; to raise Rs 8,000 cr

Bharat-22 comprises 22 scrips of PSUs, banks and entities in which government holds a minority stake.

28 Oct 2017 3:50 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Govt fixes Sovereign Gold Bond rate at Rs 2,945 per gram

Minimum investment in the bonds is one gram with a maximum limit of subscription of 500 grams per person per fiscal...

28 Oct 2017 12:28 PM IST

This Diwali, users of Indian mobile wallet major, MobiKwik can win gold worth Rs 1 lakh on QR Code transactions. (File Photo)

MobiKwik to invest Rs 400 cr in 5 yrs on KYC compliance

MobiKwik plans to do Aadhaar-based e-KYC and will be contracting over 7,000 field staff for the same.

26 Oct 2017 9:24 AM IST

The offshore India fund not domiciled in India receives flows from overseas investors and in turn invests the money into the Indian markets, according to a report by Morningstar.

Saving finances make people happy, says study

Happiness with money situation tends to rise with age, even though income peaks in midlife and then generally declines.

24 Oct 2017 9:02 AM IST

Over 66 lakh new investors added in MFs in Apr-Sep period

Overall, mutual funds have seen an infusion of Rs 2 lakh crore.

23 Oct 2017 1:44 PM IST

The government has proposed that proceeds from the health cess be used by exclusively for investment in public health. (Representational image)

Healthcare IT companies raise $5.5 bn in VC funding in Jan-Sep 2017

There were 16 Indian healthcare IT companies that received VC funding in the July-September quarter.

23 Oct 2017 12:45 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs infuse USD 2 billion in debt markets this month

FPIs however pulled out Rs 3,408 crore from equities on account of profit booking during this period.

22 Oct 2017 1:40 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

MFs pump $12 billion in equities, outshine FPIs' investment

During August-September, fund managers lapped up shares to the tune of over Rs 35,000 crore.

22 Oct 2017 12:27 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO to consider crediting ETF units to PF accounts

EPFO, which has about 5 crore subscribers, manages a corpus of over Rs 10 lakh crore.

22 Oct 2017 11:01 AM IST

The belief is this would force departments to show efficiency and necessity for funds.

Bengaluru-based start-up Gapoon raises $2.5 lakh in pre-series A round

This investment will be used for new initiatives towards product and technology enhancements.

18 Oct 2017 4:58 PM IST