Business Daily from THE HINDU group of publications
Monday, August 11, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Monday, August 11, 2008 ePaper | Mobile/PDA Version | Audio |
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MONEY & BANKING FOREIGN INSTITUTIONAL INVESTORS: Rising yields bring foreign investors back into debt market Easier buyback norms of bonds another attraction. Mumbai, Aug. 10 Rising bond yields and more flexible regulations have paved the way for the return of foreign institutional investors (FIIs) to the Indian debt market. ... DEBT MARKET: Bonds rally on fall in global oil prices Inward remittances from exporters increase. Bangalore, Aug. 10 Bond markets rallied as yields softened on the back of falling international oil prices. Yet, inflation remained a major worry as the whole sale price index breached the 12-per ... LIFE INSURANCE: Max NY Life to expand distribution network Ahmedabad, Aug. 10 Max New York Life Insurance plans to expand its distribution network by opening more than 250 new offices every year for the next three to four years and increasing the number of agent advisors from the current 46,800 to 3 ... DERIVATIVES MARKETS: BSE applies for Currency Derivatives Mumbai, Aug. 10 The Bombay Stock Exchange (BSE) has applied to capital market regulator SEBI for setting up a currency derivative segment. The Reserve Bank of India and SEBI issued the final guidelines for launch of currency derivatives last ... FINANCIAL SERVICES: Bajaj Capital enters art advisory services New Delhi, Aug. 10 Bajaj Capital, an investment advisory company and distributor of financial products, has diversified into art advisory services. For the purpose, the company has set up an art house — Bajaj Capital Art ... EVENTS: ‘Inflation not a worry at corporate level’ “Inflation is a worry at the retail level, but not at the corporate level yet,” Mr Nagendran Ramamurthy, Managing Director (Corporate Banking), Citibank Singapore, ... HOUSING FINANCE: Higher risk weight on home loans may hit disbursals Mumbai, Aug. 10 Higher risk weight attached to home loans under Basel II norms could discourage banks from pursuing aggressive lending policies, according to a recent report released by Fitch ... PEOPLE: Ashok Haldia moves to PTC India Financial New Delhi, Aug. 10 Dr Ashok Haldia, who was till recently Secretary of the Institute of Chartered Accountants of India (ICAI), has moved to PTC India Financial Services (PFS) as a whole-time ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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