The Reserve Bank of India (RBI) released the final guidelines for issuing new bank licences on Friday . Rajen Shah, Chief Investment Officer, Angel Broking believes Aditya Birla Nuvo, Bajaj Financial Services, Cholamandalam Investment and Finance Company and Mahindra & Mahindra Financial Services will be strong candidates for a banking licence. ...
01:00 PM, Feb 25, 2013
Mumbai: Shares of companies engaged in the insurance business such as Aditya Birla Nuvo, Max India and Reliance Capital on Thursday surged as much as 5 per cent on hopes that the government will accelerate pace of economic reforms by raising foreign direct investment (FDI) cap in the sector. Aditya Birla Nuvo gained 5 per cent to Rs 955, while Max India jumped 4.8 per cent to Rs 244.50 on...
12:20 PM, Oct 04, 2012
