Tag Archives: Financial Services

GRUH Finance Ltd. financial results for the quarter ended December 31, 2009

Profit after tax for the year amounted to Rs. 36.16 crores as compared to Rs. 27.78 crores for the previous year, an increase of 30%. January 18, 2010 /India PRwire/ — The Board of Direct......

ING Investment Management India takes lead to introduce Quantitative Strategies for HNIs

Garners over Rs. 300 Cr. in ING PMS Quant since launch – 2 Strategies designed exclusively for HNIs January 12, 2010 /India PRwire/ — ING Investment Management (ING IM) India introd......

Kotak Mahindra Mutual Fund launches Kotak Nifty ETF

Kotak Mahindra Asset Management Company, one of India’s leading mutual fund houses, today announced the launch of Kotak Nifty ETF – an exchange traded fund focusing on investing in s......

IFM (U.S.) and India’s IIFM to Offer World-Class Training to Prospective Financial Market Professionals and Stakeholders

The Institute for Financial Markets and India’s International Institute of Financial Markets have agreed to provide customized and innovative educational solutions to the Indian financial ......

Work-life balance for small businesses is achievable, finds ACCA enquiry into flexible working

But employee and employer culture and attitudes need to change January 5, 2010 /India PRwire/ — New Year is a time for making resolutions, and many of those returning to work this week wi......

Venture Infotek Wins CII-Exim Bank Award for Business Excellence

Venture Infotek, India’s premier Transaction Management company, was honoured with the coveted Confederation of Indian Industry-Export Import Bank of India (CII-Exim) Bank Award 2009 for t......

FAMS Opens New Rs.100 Crore Value Based Private Fund

FAMS – Financial Assets Managed Simply™ (FAMS Advisors Pvt. Ltd), announced the launch of their new Rs. 100 crore value based fund that will invest in Indian companies purely on the basis ......

Shri V.P. Iswardas assumes charge as Managing Director & Chief Executive Officer of Catholic Syrian Bank

Shri V.P. Iswardas is a fine banker with more than 33 years of impeccable track record and experience. Prior to this he was functioning as Chief General Manager of CSB since April 2007. December......

Remit2India offers convenient way to remit funds for customers in UK

TimesofMoney, India’s leading digital payment service provider, is now extending the ‘NetBanking Transfers’ offering to its existing and new customers in the United Kingdom fro......

Societe Generale leverages Finacle from Infosys to rapidly innovate and grow in China

Infosys Technologies Ltd. and Societe Generale today announced the successful implementation of Finacle™ core banking, CRM, wealth management and consumer e-banking solution at Societe Generale ......

Karvy Stock Broking Limited offers Online Equity Trading for Mutual Funds

Karvy is a leading stock-broker and distributor of mutual funds and serves over 1 million MF customers and more than half a million stock-broking customers who will benefit from this offering. D......

UK’s tax system faces New Year upheaval

- VAT up from 15 to 17.5 per cent on 1 January 2010 – Loss of personal allowance (tax free allowance) for 40% tax payers earning over £100,000 – Higher rate tax of 50 per cent for th......

PricewaterhouseCoopers wins the “India Tax Firm of the Year” Award

The awards were presented at the ITR Asia Tax Awards Ceremony in Singapore on 24 November 2009. November 25, 2009 /India PRwire/ — PricewaterhouseCoopers (PwC) has been named the “I......

Dutch International Development Bank, FMO, reaffirms its commitment to Indian Microfinance

FMO will support Srijan 2009 Microfinance Forum and Awards hosted by Intellecap on December 8, 2009 in Mumbai, India November 25, 2009 /India PRwire/ — The Netherlands Development Finance......

Mauryan To Make Growth Investments in Small Companies

Companies with turnover greater than Rs 5cr targeted for Rs 5cr – Rs 25cr investments November 11, 2009 /India PRwire/ — Mauryan Capital Advisors (“Mauryan”), the recent......

Broadridge organizes meditation workshop for its associates and families

Connect with Yourself: A unique workshop on energies, aura and meditation November 9, 2009 /India PRwire/ — Broadridge Financial Solutions (India) Private Limited, a company that believes......

TimesofMoney wins award for Brand Excellence in Internet Business

Recognition for TimesofMoney at the World Brand Congress November 7, 2009 /India PRwire/ — TimesofMoney, a global leader in digital payments, has won the award for ‘Brand Excellence......

ING Vysya Bank’s New Salary Account Aspira Makes Banking Easy

This offering from ING Vysya Bank will now make banking easier, faster and more effective; thereby eliminating the traditional problems that employees and employers have to deal with. November 7......

Axis Bank Organizes Home Loan Expos at major locations across the country

Offers loans at attractive interest rates, no processing fee and on-the-spot processing November 5, 2009 /India PRwire/ — Axis Bank is organizing the HOME FOR ALL Expo at major locations ......

S&P: Indian Banks Stand To Gain More Than Lose From The Pain Of Higher Provisioning Coverage, Says Report

Indian banks are likely to gain more than they lose from the latest step taken by the Reserve Bank of India to tighten provisioning norms, said Standard & Poor’s Ratings Services in a......

CNI Research Limited releases a study on “Rise in FII stake in Q2 and its impact on prices”

CNI research Ltd., the leading BSE listed research organization that specializes in Small & Mid-caps, today released a study on “The Rise in FII stake in Q2 and its impact on prices N......