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SKS announced a de-risking strategy where it plans to significantly prune down exposure, in terms of assets, revenues and profits, to microfinance that has plunged into crisis.

The FDA has granted a Warner Chilcott citizen petition, agreeing not to approve generic versions of the company’s ulcerative colitis drug Asacol that do not meet bioequivalence standards using in vitro...

Axis Bank, the country's third-largest private sector bank, is looking to scale up its retail operations by cashing in on the demand in smaller cities. Jairam Shridharan, Senior Vice-President and Head...

The domestic stock markets are trading in a range since the last few months. There is strong support at lower price levels in the markets. However, there are several concerns that are keeping the upside capped, and as a result, the markets are volatile in a range. From a macroeconomic perspective, persistent high inflation is one of the prime concerns fuelling negative sentiments in the markets. The Reserve Bank of India ( RBI )) has...

For an investor, change is a constant factor, and hence, what was good in the year 2000 need not be good a decade later. Similarly, what helped the investor make money in his 30s need not be replicated when he turns 60. There are different ways of managing change and adherence to these simple steps will help an investor in change management. Here are some tips: Re-visit goals at regular intervals This is probably...

The domestic markets went through a further consolidation and correction last week, mainly due to the disappointing industrial output data and weak global cues. The high inflation number for the month of June fuelled negative sentiments in the markets. The markets also had a bounce-back in the middle of the week on the back of expectations of another round of quantitative easing (QE3) in the US, which will result in further inflows for the domestic markets from global...

The other day I logged into one of my old bank accounts. To my surprise, there was nothing there. On enquiry, I was informed that the account has been classified as 'dormant', as I had not operated it for quite some time", this is often-heard today. If there has been no transaction in your savings bank account for two years, except for interest payments credited by your bank, the bank will classify your account as inoperative or dormant. You will not be able to use your...

Here are some very sound reasons as to why you should adorn at least a part of your portfolio with the yellow metal.

John A Paulson, a hedge fund manager who sprang to fame when the housing market collapsed, personally made about $5 billion in 2010 by buying gold, according to two investors in his company.

Demand for gold was strong in India during 2010 despite an escalation in prices as consumers saw the yellow metal as a safe investment which could protect them from economic uncertainty.

India's gold demand will take a hit as increasingly prosperous rural consumers switch to other investment options and step up spending on discretionary items.