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Global vaccine supply hit due to Covid surge in India:

The 'terrible' surge of the coronavirus cases in India has severely impacted COVAX's vaccine supply in the second quarter of this year to the extent that there will be a shortfall of 190 million......

'ETF market attractive opportunity'

With Goldman Sachs buying out the entire stake in Benchmark AMC, the acquirer plans to launch on-shore products in India once the deal is fully closed.Oliver Bolitho, Head of Goldman Sachs Asset......

StanChart AMC's valuation soars

The Reserve Bank of India's (RBI) denial of permission to Swiss bank UBS to acquire Standard Chartered Asset Management Company has come as a blessing in disguise for Standard Chartered Bank. The......

One month of lockdown: Small-caps outperform Sensex, mid-caps

The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex. Illustration: Dominic Xavier/Rediff.com Small-caps have outrun their mid- and......

IndiGo IPO takes off, subscribed 86%

InterGlobe Aviation has already raised Rs 832 crore from anchor investors by allotting shares at the upper price band of Rs 765 apiece. The Rs 3,000-crore (Rs 30 billion) initial public offering......

Finance firms bank on emails to calm fears

Dear colleagues,As you know, we are experiencing turbulent times in the financial markets But I am confident that this should be an opportunity for Citi, as it has been in our past. --Vikram......

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