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The graded exit load has been set at 0.0070% on Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6 and zero exit load from from Day 7 onwards.Markets regulator Securities and Exchange Board of…

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LONDON (Reuters) - Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program, banking and industry sources said. FILE PHOTO: A…

China-based Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities.India, with 21 unicorns, stands a distant third to China and the US in the inaugural Hurun Global Unicorn List 2019, a ranking of the…

The overall leverage of the InvITs and the underlying SPVs put together shall be within the permissible leverage as per the board approved policy of the banks,” it said.The Reserve Bank on Monday asked banks to put in place a…

Data later in the session showed U.S. business inventories were unexpectedly flat in August, which suggested inventory investment could also drag on third-quarter economic growth. (Reuters photo) Global stocks barely moved on Thursday as…

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BOSTON (Reuters) - The City of Boston’s retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion in assets after allegations he made disparaging…

The government is already in the process of formulating the e-commerce policy.Even as the Narendra Modi-government envisions India to become a $5 trillion economy, India’s e-commerce sector, which is likely to grow from $24 billion in…

It can be noted that on August 30, the government had decided to allow state-run lenders’ boards to appoint chief risk officers and pay them as per market salaries.Arundhati Bhattacharya, the past chairman of State Bank, on Wednesday…