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Special situations funds shine

 After private equity funds, hedge funds and foreign institutional investors, it is the turn of multi-billion dollar special situations funds to make hay while the Indian economy shines.Quite a few......

Merrill to sell stake in funds

 Merrill Lynch, the United States-based global investment bank, could be hawking its stake in its mutual funds business worldwide, and the reverberations could be felt in India. Merrill Lynch has a......

New twist in bid for Spicejet

 Sun TV promoter Kalanithi Maran, through his advisors, is talking to hedge fund Wilbur L Ross to buy its entire 30 per cent stake in low-cost carrier SpiceJet Ltd. Maran's representatives have......

SpiceJet stakeholders reject ADAG offer

 Key shareholders of low-cost airline SpiceJet have rejected an offer by the Reliance ADA Group to pick up a 51 per cent stake in the airline for Rs 40-45 per share. The offer was made last week.......

Best investment advice from 15 legendary investors

 Joseph Hachem kisses a stack of $100 bills after winning World Series of Poker. Photograph: Reuters As a small investor, the rules suggest that you must invest in stocks with a long term view of......

Bopanna-Qureshi in Legg Mason quarters

 Rohan Bopanna and Aisam-ul Haq Qureshi advanced to quarter-finals of the ATP Legg Mason classic after a hard-earned win over Martin Damm and Oliver Marach in Washington on Wednesday. The Indo-Pak......

Somdev qualifies for Legg Mason Classic

 Somdev Devvarman erased a one-set deficit to stun second seed Josselin Ouanna and make the main draw of the US $1,402,000 Legg Mason Tennis Classic in Washington. The ninth seeded Indian beat his......

Murray to return from injury at Legg Mason Classic

 Briton Andy Murray will return from injury at the Legg Mason Tennis Classic in Washington at the end of July after being given the all-clear by his doctor. "Washington's where I'm gonna play next,"......

Tennis: Indian challenge ends at Legg Mason

 The Indian challenge ended at the ATP Legg Mason Classic after the opening round defeat of Rohan Bopanna and his Pakistani partner Aisam-ul-haq Qureshi in the doubles event in Washington. The......

Kyrgios blasts record 143mph second serve vs Nadal!

 IMAGE: Australia's Nick Kyrgios serves during his 2nd round match against Spain's Rafael Nadal at Wimbledon on Thursday. Photograph: Mike Hewitt/Getty Images Nick Kyrgios blasted a 143mph (230kph)......

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