Religare completes Invesco stake sale

Religare Invesco Mutual Fund has announced that Avishake Choudhary - Dealer - Fixed Income has resigned from the services of Religare Invesco Asset Management Company Pvt. Ltd. (RIAMC) with effect from close of business hours on 17 May 2013 and has ...

Asset quality remains strong across the banking sector. Talking to CNBC-TV18, he says that ICICI Bank's numbers were not as strong and growth continues to remain elusive. He says he is about neutral on the stock, and does not foresee any meaningful ...

KKR & IFC-backed Magma Fincorp and Shriram Transport Finance Company, which is backed by a string of PE firms, managed to buck the trend. Public-listed non-banking finance companies (NBFCs), which are backed by private equity investors, reported ...

Invesco Ltd. (NYSE:IVZ) is up25% year to date, and 10% over the past week alone. This thanks to a stellar start to the year with1Q 2013 EPS that came in at $0.52, compared to $0.45 from the previous quarter and consensus estimates of $0.47.

KOLKATA: Asset finance company Magma Fincorp shares surged 8.19 % on Thursday on BSE, after it doubled its profits in fourth quarter (Q4) ended March 31, 2013. Consolidated net profit was up by 85.3 % at Rs 44.14 crore in Q4 FY13 as against Rs 23.82 ...

An open-ended income scheme Investment objective: To generate returns and capital appreciation by predominantly investing in corporate debt securities of varying maturities across the credit spectrum. Plans/Options: Regular plan and direct plan with ...

Yield-hungry investors will get new asset classes to focus on when Asian Pay Television Trust, Investec Aviation Trust and Japan shopping mall-focused Croesus Retail Trust hit the market in the next week or so. Keywords: ipo | business trust | ...

MUMBAI: Religare group-promoted Air Mantra has suspended operations and stopped taking bookings, citing technical reasons. "The operations have been suspended. We are not accepting bookings either," was the response of the airline call centre ...

Religare Enterprises is currently trading at Rs. 305.90, up by 15.65 points or 5.39% from its previous closing of Rs. 290.25 on the BSE. The scrip opened at Rs. 290.25 and has touched a high and low of Rs. 305.90 and Rs. 290.25 respectively. So far ...