News

Government of Singapore (GoS), a foreign institutional investor affiliated to Singapore’s government, now owns over 1 per cent in Mukesh Ambani-led Reliance Industries (RIL).

Five stocks - Reliance, L&T, ICICI Bank, HDFC Bank and ITC- contributed over 200 points to the downside on the Sensex in terms of index points.

The scheme opens for subscription on December 12, 2011 and closes on December 19, 2011

Reliance Mutual Fund has declared dividend under dividend payout option of Reliance Fixed Horizon Fund (FHF) - XX - Series 2 on the face value of Rs 10 per unit.

IDFC Mutual Fund has declared dividend under dividend option of IDFC Fixed Maturity Plan (FMP) - 200 Days Series 2

Tata Mutual Fund has announced change in load structure of Tata Gilt Mid Term Fund with effect from December 7, 2011.

The scheme will open for subscription on December 5, 2011 and will close on December 14, 2011

Religare Mutual Fund has announced that Ravi Vukkadala has joined Religare Asset Management Company as Senior Credit Analyst - Fixed Income with effect from November 16, 2011.

AIG Global Investment Group Mutual Fund has announced that Ruchi Malhotra, equities analyst is leaving the services of AIG Global Asset Management Company (India)

DSP BlackRock Mutual Fund has announced the maturity date of DSP BlackRock FMP-Series 9-3M, a close ended income scheme.

The scheme opened for subscription on November 24, 2011 and closes on November 29, 2011

The Association of Southeast Asian Nations (ASEAN) is keen on inking an air services agreement with India by end of 2012, an official from the 10-nation grouping said today.