Contrary to general belief, investors through systematic investment plans (SIP) in mutual fund schemes seem to have suffered more compared with the non-SIP investment mode, owing to erratic movements

President Barack Obama meets with top U.S. bankers on Friday to hash out plans to reform Wall Street, rid financial institutions of bad debts and jumpstart lending in an effort to pull the United Stat

Spice Group on Friday said it is pulling out of the race to acquire controlling stake in Satyam Computer Services “for now”.

The Ministry for Corporate Affairs (MCA) may defer the implementation of the accounting standard (AS-11) that deals with foreign exchange differences.

In a bid to make credit cheaper and to enhance credit flow to productive sectors in the current market scenario, three Kolkata-based banks have decided to reduce their benchmark prime lending rates ef

Kingfisher Airlines has approached State Bank of India for a credit line to meet its operational needs, sources privy to the development said.

The typical year-end phenomenon of robust credit offtake is once again on full display with banks lending Rs 22,423 crore in the fortnight ended March 13, 2009.

If the performance of the steel and cement industries is any indication, a nascent recovery in economic activity seems under way.

The stock market rally in the last few days is sure to make many ULIP (unit-linked insurance plan) holders happy as their NAVs would have gone up, in turn pushing the fund value. However, for those wi

Satyam Computer Services Ltd's search for a buyer suffered a setback on Thursday, as a source said IBM is not in the bidding, while the Spice Group remains undecided about its participation.