investment's archive
RBI lets Mutual Funds invest $7 billion overseas
by chintan in April 11th, 2008
Topics: Mutual Funds Tags: Indian mutual funds, investment, Mutual Funds, overseas, RBI, Reserve Bank of India
Asset management companies will now be allowed to spend $7 billion overseas, with the Reserve Bank of India relaxing norms relating to overseas investment by mutual funds. The move is in line with the central bank’s stated rule of hopeful flow of money outside the country.
The regulator also feels that the move will enable MFs [...]
Reliance Power IPO Allotment opportunities tough
by chintan in January 19th, 2008
Topics: Stock Market Tags: Earn Money, investment, IPO, Online, Profits, Reliance Power, share market, Study
Reliance Power IPO Allotment chances are looking quite bleak. As of 10 PM today, which is the penultimate day of Reliance Power IPO Subscription, retail investor’s category in the Reliance Power IPO has already been subscribed over 9 times. The final payment in the retail class is expected to cross 15 times. If it crosses [...]
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