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The onus of compliance of the provisions of FDI policy is on the investee entity. (PTI)The Department for Promotion of Industry and Internal Trade (DPIIT) has received complaints that e-commerce companies are offering deep discounts,…

Lenders, headed by Union Bank of India, have formed a committee to discuss a debt resolution plan.India’s surprise seizure of a troubled Indian shadow bank won’t end the woes of its lenders, faced with the risk of heavy writeoffs if…

Early in the Asian trading day, MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.12%. (Reuters photo)Asian equities rose on Friday, bouncing from a three-week low touched a day earlier, but gains were capped by…

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(Reuters) - U.S. equity funds saw $3.6 billion in outflows in the week ended on Wednesday, according to data released on Thursday by Lipper. U.S. taxable bond funds attracted $12.4 billion, the 15th straight inflow, while U.S. money…

Currently DBS has 70 touchpoints in the country. (Reuters)DBS Bank has plans to increase its customer touchpoints a combination of branches and kiosks across 25 cities in the next 6 to 12 months, from the existing 70, a senior official…

The unions will stage dharna on December 10 in front of the Parliament, it said.Various bank unions plan to stage dharna on December 10 in front of the Parliament to protest against the government decision to merger 10 public sector…

The Sebi board has approved amendment the Sebi (Portfolio Managers) Regulations, which will enhance the eligibility criteria and define the role of principal officer clearly.With a view to keep retail investors away from portfolio…

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COLORADO SPRINGS, Colo. (Reuters) - Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in. FILE PHOTO: Traders work on the floor at…