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Rupee appreciates 2 paise to 82.99 against US dollar in early trade

Rupee appreciates 2 paise to 82.99 against US dollar in early trade The rupee rose 2 paise to 82.99 against the US dollar in early trade on Tuesday, amid softening crude oil prices in the overseas market. Forex traders said, however, a strong American currency, withdrawal of foreign funds and subdued equity market sentiment kept the local unit under pressure. ...

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Fundraising in India to be stronger than ever over next 2 years: BofA

Fundraising in India to be stronger than ever over next 2 years: BofA Purohit expects between 5 and 10 tech firms and two or three local subsidiaries of multinational companies to launch initial public offerings in the period.

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Husband wins Rs 1.57 crore health insurance claim against LIC after a 5-year fight

Husband wins Rs 1.57 crore health insurance claim against LIC after a 5-year fight [ad_1] Life Insurance Corporation of India (LIC) was ordered by National Consumer Disputes Redressal Commission (NCDRC) to pay Rs 1.57 crore to the husband of deceased policyholder. She died from Breast Cancer in April 2017 and in March 2018 LIC rejected her husband’s insurance claim. NCDRC ...

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Rupee appreciates 3 paise to 82.99 against US dollar in early trade

Rupee appreciates 3 paise to 82.99 against US dollar in early trade The rupee appreciated 3 paise to 82.99 against the US dollar in early trade on Thursday, amid a positive trend in domestic equities. Forex traders said rupee is trading in a narrow range as strong American currency and elevated crude oil prices weighed on the local unit and ...

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Sebi considering mandatory registration of PMS distributors with APMI

Sebi considering mandatory registration of PMS distributors with APMI Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers’ clients. The proposals are aimed at promoting ease of doing business initiatives for portfolio ...

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