July 2014

The Singapore Stock Exchange (SGX) is the first Asian exchange to open a liaison office in India. The exchange, which has appointed Neena Prasad as its chief representative, wants to facilitate the Government to raise funds for infrastructure development. BusinessLine met Magnus Bocker, CEO of SGX for an interview,. Excerpts: At present, only five Indian Read More

Singapore Exchange (SGX) announced that, following approval from the Reserve Bank of India, its Liaison Office in India has commenced operations with Neena Prasad as its Chief Representative. SGX’s office in India will provide information and act as a communication channel to support capital raising by Indian companies in Singapore. Such capital raising Read More

Indian shares are likely to open on a positive note, tracking support coming from global markets. SGX Nifty is trading 33.50 points higher. Headlines for the day: Nagarjuna Oil’s Rs 25,000-cr petro refinery on stream by 2015 Strides Arcolab to beef up its generic branded business Bafna Pharma sells India branded Read More

Indian stock-index futures gained after benchmark gauges capped the longest winning streak in more than three months. SGX CNX Nifty Index futures for July delivery rose 0.4 percent to 7,712 at 9:30 a.m. in Singapore. The underlying CNX Nifty Index added 0.3 percent to 7,684.20 yesterday. The S&P BSE Sensex (SENSEX) also climbed 0.3 percent. Read More

Indian shares are likely to open on a flat note, tracking mixed global markets. SGX Nifty is trading 29.50 points higher. Headlines for the day: RIL becomes first private firm to post $ 1 bn quarterly profit RIL posts 13.7% jump in Q1 profit Reliance Jio finalises vendors, partners for 4G Read More

Indian stock-index futures advanced after the benchmark equity gauges rose for a fourth-day and Reliance (RIL) Industries Ltd.’s earnings topped estimates. SGX CNX Nifty Index futures for July delivery added 0.4 percent to 7,694 at 10:01 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Exchange of India Ltd. gained 0.3 percent Read More

Indian shares are likely to open on a negative note, tracking weak global markets. SGX Nifty is trading 37.50 points lower. Headlines for the day: Tata Power Solar partners Bajaj Finance for selling products Cipla, Aurobindo, Emcure to supply HIV drugs for UN-backed MPP Jet Airways extends agreement with GE Aviation Read More

Indian stock-index futures declined after three days of gains for the benchmark equity gauges and as Asian shares retreated amid geopolitical concerns over Ukraine and the Middle East. SGX CNX Nifty Index futures for July delivery fell 0.4 percent to 7,627.5 at 11:07 a.m. in Singapore. The underlying CNX Nifty Index on the National Stock Read More