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International News

US markets closed mostly lower; Alibaba surges in IPO debut
(20-Sep-2014)

US markets closed mostly lower; Alibaba surges in IPO debutThe US markets closed mostly lower on Friday, while Alibaba, the biggest IPO to ever hit Wall Street, made a huge splash. Dallas Federal Reserve Bank President Richard Fisher stated that the Federal Reserve......click on news to read complete article.


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Mutual Fund News

AXIS Mutual Fund files offer document for Equity Opportunities Fund
(20-Sep-2014)

AXIS Mutual Fund files offer document for Equity Opportunities FundAXIS Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme as “AXIS Equity Opportunities Fund”. The New Fund Offer price is Rs 10 per unit. Entry load charges will be nil......click on news to read complete article.


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Economy News

NPPA brings another 43 drugs under price control
(19-Sep-2014)

NPPA brings another 43 drugs under price controlPharma companies are not likely to get respite anytime soon, as the National Pharmaceutical Pricing Authority (NPPA) has brought prices of another 43 essential medicines to treat diseases like tuberculosis......click on news to read complete article.


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Corporate News

Aegis Logistics to sell 40% stake in Singapore based WOS for $5.85 million
(20-Sep-2014)

Aegis Logistics to sell 40% stake in Singapore based WOS for $5.85 millionAegis Logistics will sell 40% stake in its Singapore based wholly owned subsidiary (WOS), Aegis Group International to ITOCHU Petroleum Company, (Singapore), a wholly owned subsidiary of ITOCHU Corporation......click on news to read complete article.


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