Market News
BSE, Bank of New York Mellon to ease foreign investment rules
livemint.com - 27 Sep 2014 08:32
The move aims to make it easier for foreign investors to operate in India and reduce their costs of collateral and trading in Indian markets
It's Time To Clean The Portfolio, Clear The Mind And Prepare For Coming Opportunities
Forbes - 27 Sep 2014 21:54
Fundamentals, technicals and Fed-rate effects add up to more risk with less potential return. That makes cash reserves valuable for avoiding losses, capturing opportunities and generating peace of mind.
Oklahoma Bus Crash: Four Dead, A Dozen Injured In College Bus Crash
IBTimes - 27 Sep 2014 12:31
(Reuters) - Four college softball players were killed, and a dozen others were injured, when their bus was involved in a crash on an Oklahoma freeway, officials said on Friday. The crash occurred around 9 p.m. local time...
'Bond King' Loses Showdown at Firm
Wall Street Journal - 27 Sep 2014 03:42
The Pimco founder Bill Gross abdicated after co-workers threatened to quit over his criticism, then moved to rival Janus to run a tiny bond fund that was started in May.
India Regains 'Stable' Rating From S&P On Modi's Promises For Reform
IBTimes - 27 Sep 2014 01:31
The ratings agency Standard & Poor's on Friday upgraded its outlook on India's credit market from negative to stable, two years after a downgrade. The move is fueling optimism for a revival of Asia's third-largest econom...
Can AOL Save Yahoo? In About-Face, Activist Hedge Fund Starboard Says, Yes
IBTimes - 27 Sep 2014 01:31
In 2012, Starboard Value CEO Jeffrey C. Smith thought AOL was so poorly-run he mounted a proxy fight to land three candidates on AOL's board. Two years later, Smith thinks AOL is so well run that it represents Yahoo's be...