Citigroup said on Friday it had agreed to pay $590 million to settle a suit by investors who accused the bank of misleading them on its mortgage-based security losses in 2007-08.

The agreement settle

Market regulator Sebi will consider in September providing capital protection to part of investments made by very small investors in IPOs (initial public offers), although the move is being opposed by investment bankers and certain other sections of the industry.

The pre-IPO shareholders of Facebook will be able to sell up to 268 million shares, worth an estimated USD six billion, next week as a lock-in period for sale of these shares would come to an end.

T

Investors are criss-crossing the increasingly smudged line between emerging and developed markets as the eurozone crisis challenges traditional perceptions of a safe investment.

This blurring of dist

India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning a corner.

India's problems from a record current acco

The Union government has published draft guidelines on Thursday to implement rules that target tax evasion but have provoked an outcry among foreign investors at a time when the country needs capital

Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe

Capital market regulator Sebi will launch a big investor education programme through short films, TV and radio commercials in English and regional languages.

To spread the awareness drive, it plans t

More than a fortnight after the Supreme Court quashed 122 mobile telphone licences, Telecom Minister Kapil Sibal said foreign investors have not lost confidence in the sector and will participate in t

The Supreme Court has pulled up market regulator SEBI for leaking to media details of the proposal of Sahara Group's list of property sent to it as a guarantee to ensure that interest of investors