Intermediaries in the MF industry can play an important role in expanding the investor base. The roles of the agents, distributors and advisors have to be extracted fully by the industry players. Full story
Switzerland-based Strategic Alliances Financial Services has joined hands with India’s Keynote Corporate Services for facilitating tie-ups, mergers and acquisitions between mid-sized Indian companies in regions such as Latin America and certain parts of Europe. Full story
Rajiv Shastri, head of debt funds at ABN Amro Asset Management Company, is likely to quit shortly and take over as CEO of Sahara Asset Management Company. Full story
As a part of Surveillance review and pursuant to the meeting with the capital market regulator Sebi, BSE has decided to shift 176 stocks to Trade-To-Trade group from December 6, 2004. Full story
Britain’s top shares failed to hold on to an early rise and were led lower on Tuesday by Rentokil Initial and Compass, after both companies signaled they are struggling to improve performances after a tough year. Full story