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International News

US markets closed higher; S&P edges to fresh record
(22-May-2015)

US markets closed higher; S&P edges to fresh recordThe US markets closed higher on Thursday, sending the S&P 500 to a fresh record. Investors mostly brushed off a flurry of weaker-than-expected economic data a day after minutes from Federal Reserve's......click on news to read complete article.


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Mutual Fund News

Reliance Mutual Fund introduces Fixed Horizon Fund XXVIII-Series 20
(22-May-2015)

Reliance Mutual Fund introduces Fixed Horizon Fund XXVIII-Series 20Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXVIII-Series 20, a close ended income scheme. The NFO opens for subscription on May 22, 2015 and closes on May 27, 2015. No entry load......click on news to read complete article.


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Economy News

Government relaxes norms for investments by overseas Indian
(22-May-2015)

Government relaxes norms for investments by overseas IndianLibralising further the Foreign Direct Investment (FDI) policy, Union Cabinet, chaired by Prime Minister Narendra Modi, had approved amendments, including changes in definition of NRIs, to be incorporated......click on news to read complete article.


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Corporate News

State Bank of India inks MoU with Snapdeal
(22-May-2015)

State Bank of India inks MoU with SnapdealState Bank of India (SBI), country's largest public sector lender, has signed a Memorandum of Understanding (MoU) with e-commerce portal Snapdeal. Under the agreement, the bank would provide hassle-free......click on news to read complete article.


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