APN News

  • Friday, April, 2024| Today's Market | Current Time: 10:47:23
  • SEBI issues norms for change in category of AIF

    Capital market regulator SEBI (Securities and Exchange Board of India) has issued norms for alternative investment funds (AIFs). The regulator has said that only AIFs that have not made any investments under their existing category would be allowed to make application for changing their classification. AIFs is a class of pooled-in investment vehicles for real […]

    Aditya Birla revenue up 8%, Net Profit up by 24%

    Aditya Birla Financial Services (ABFS) is a major player in the non banking financial services space. With funds under management of ` 110,944 Crore, ABFS ranks among the top 5 fund managers in India, excluding LIC. To expand its bouquet of financial services and products, the Company has applied for banking license under the RBI […]

    Has the Bull Market Run Its Course?

    David Joy, Chief Market Strategist, Ameriprise Financial Despite mediocre earnings growth, mixed economic data and widespread expectations that the commencement of Fed tapering is just around the corner, stocks continue to post new highs. The argument in support of that move is predicated upon the idea that the economy is about to improve, creating an […]

    Sensex up by 158 points

    The Sensex at the Bombay Stock Exchange gained 158 points, or 0.8 percent, to close at 18,947, on Monday, amid encouraging trade data, hopes of more steps by the government to support the rupee, and rising regional markets. The Nifty at the National Stock Exchange climbed 47 points, or 0.8 percent, to 5,612. Stock markets […]

    35 more districts come under direct transfer of LPG subsidy

    After its tremendous success in 20 districts, the watershed scheme of giving gas (LPG) subsidy directly to consumers in their bank accounts will be extended to 35 more districts like South Goa, Jalandhar and Ludhiana from next month. This will add about 1.4 crore LPG consumers to 2.12 crore already being covered by the scheme […]

    Steps on anvil to reduce gold, non-essential goods imports: FM

    Finance Minister P Chidambaram on Monday said government will reduce import of gold, silver, oil and non-essential goods to restrict Current Account Deficit (CAD) to 3.7 per cent of GDP in the current fiscal. He told to the Lok Sabha, that the government will also permit public sector financial institutions and oil companies to raise […]

    Who is the Syrian Electronic Army?

    The Syrian Electronic Army (SEA) is a prolific group of hackers who are loyal to Syrian President Bashar al-Assad. Their campaign began in May 2011, and typically employs DDoS attacks, phishing, pro-Assad web defacements and spamming campaigns against governments, online services, and media that are perceived hostile to the Syrian government. The SEA has successfully […]

    American Express announces Students’ offer on the American Express GlobalTravel Card

    New Delhi : American Express recently launched a special promotion on the American Express GlobalTravel Card targeting Indian students traveling abroad for higher studies – a complimentary Gift Card of upto Rs. 2000 on every purchase of the American Express GlobalTravel Card. Students travelling to USA can avail this offer by purchasing the American Express […]

    Govt to introduce Sebi Laws Amendments Bill in Parl today

    Government will introduce on Monday in Parliament the Bill to amend the Securities and Exchange Board of India (Sebi) Act that would give more powers to the capital market regulator Sebi. Finance Minister P Chidambaram would introduce a “Bill further to amend the Securities and Exchange Board of India Act, 1992, the Securities Contracts (Regulation) […]

    Sensex up 162 points ahead of IIP data, recovery in rupee

    The BSE benchmark Sensex on Monday gained 162 points in early trade on buying by funds and retailers ahead of industrial output data amid recovery in the rupee. The 30-share barometer rose by 162.65 points, or 0.86 per cent, to 18,951.99 points in early trade. Healthcare, metal, consumer durables, auto and capital goods stocks were […]