To reduce its mounting debt, Future Group has decided to sell a 54 per cent stake in Future Capital Holdings to US-based private equity major Warburg Pincus. Its board approved the sale on Monday.......
Benchmark share indices reversed intra-day losses to end marginally higher on Monday, shrugging off weak global cues, led by gains in oil and gas shares after global crude oil prices eased.The......
Future Capital Holdings, the financial services arm of Kishore Biyani's Future Group, started with a big-bang promise of becoming a financial powerhouse, but had lost the plot along the way. But......
With four rate cuts from the Reserve Bank of India in the last four months, bank fixed depositrates are beginning to come down. Many banks, including State Bank of India, Punjab National Bankand......
Sharp recovery helped by easing in food inflation as well as strong Asian stocks, saw the markets ending in the green on Thursday.The Sensex, after a firm start dropped to a low of 19,616. The......