Why it’s time for investors to go on…

That's what Howard Marks, co-chairman of Oaktree Capital, told CNNMoney editor-at-large Richard Quest on "Markets Now" on Wednesday."Defense is more important than offense" right now, said Marks, the author of "Mastering the Market Cycle: Getting…

MMP Industries IPO's anchor portion oversubscribed

Old Bridge’s Vantage Equity Fund and Raisonneur Capital have together subscribed to the entire anchor investor portion of MMP Industries Ltd (MMPIL) initial public offer. The total anchor book reserved in the IPO was Rs…

D-Street week ahead: Global factors set stage for…

In our previous weekly note, we had mentioned that the market had modestly breached the 27-month-long upward rising channel. Though the lead oscillators were pointing towards being oversold, the 10,040 level remained important all through…

Forex reserves hit new high, but import cover…

Kolkata: India's foreign currency reserves hits a new high at $ 422.533 billion last week, which is good enough to cover 10 months of imports. The previous peak was $ 421.915 billion seen on February…