FE Today Logo

Search results for:


Two probe bodies formed

FE Report | 2014-08-04 00:00:00

The securities regulator has formed two separate probe bodies to look into the unusual price hikes of two newly listed companies, officials said. The companies whose unusual price hikes will be investigated are Far Chemical Industries Limited (FCIL) and Shahjibazar...

Chief of Indian bank held over bribery allegations

2014-08-04 00:00:00

NEW DELHI, Aug 03, 2014 (AFP) : Indian police have arrested the chairman of the state-run Syndicate Bank over allegations he took bribes in exchange for loan extensions to private companies, a law enforcement official said Sunday. The Central Bureau...

News Briefs

2014-08-04 00:00:00

BRAC Bank wins award' from CMO Asia BRAC Bank has been awarded with 'Sustainable Marketing Excellence Award' from CMO Asia. The award is as part of Global Brand Excellence Awards of CMO Asia, the most prestigious brands award in Asia....

Photo: Bangladesh Bank Governor Atiur Rahman

2014-08-04 00:00:00

Photo:Bank Asia

2014-08-04 00:00:00

BTRC will conduct study soon to know actual volume of illegal VoIP calls

Khairul Islam | 2014-08-04 00:00:00

The telecom regulator is going to conduct a comprehensive study soon to find out the actual size of illegal VoIP (voice over internet protocol) call termination in the country, sources said. The decision was taken recently following the recommendations made...

Top 9 Indian cos lose Rs 741.93b from market valuation

2014-08-04 00:00:00

NEW DELHI, Aug 3 (PTI): In-line with a weak stock market, nine of the top-10 most valued Indian companies together lost Rs 741.93 billion from their market valuation last week. Barring ICICI Bank, rest nine companies, including TCS, ONGC, RIL,...

Share price of Malaysia\\\'s glove firms soars

2014-08-04 00:00:00

PETALING JAYA, Aug 3 (Reuters): Shares in glove-making firms of Bursa Malaysia soared against a weaker market as Sierra Leone declared an emergency on the outbreak of the Ebola virus in West Africa. At the close on Saturday, Supermax was...

Damac looks to list shares on Dubai bourse

2014-08-04 00:00:00

DUBAI, Aug 3 (Reuters): Dubai luxury property developer Damac is offering investors the option of converting its global depositary receipts (GDRs), listed on the London bourse, into ordinary shares that would be listed on Dubai's main stock market. Investors would...

RBI\\\'s bond auction devolves partially

2014-08-04 00:00:00

MUMBAI, Aug 3 (Business Standard): The Reserve Bank of India's (RBI) government bond auction worth Rs 140 billion devolved partially on last Friday to the tune of Rs 34.45 billion. This means the primary dealers, who buy from the government...

Gulf IPOs dominate ME market during Q2

2014-08-04 00:00:00

DUBAI, Aug 3 (Arabian Business.com): The initial public offering (IPO) market in the Middle East and North Africa continued its recovery to end the first half of the year strongly, according to Ernst & Young. Its MENA IPO Update Q2...

High returns in less time may mean big trouble: Sebi

2014-08-04 00:00:00

NEW DELHI, Aug 3 (PTI): As it goes after fraudsters who dupe gullible investors of their hard earned money, capital markets regulator Sebi has launched an all-out mass media campaign to make the public aware about troubles of investing on...

IDLC Investment Company Insight

2014-08-04 00:00:00

IPO Diary

2014-08-04 00:00:00

BB orders ‘block account’ loan facilities for pvt jute millers

Ziaur Rahman | 2014-08-04 00:00:00

Bangladesh Bank (BB) has directed the commercial banks to provide "Block Account" loan facilities to private jute millers and exporters with a view to helping them to overcome the acute liquidity crisis, which put most of the mills in dire...

Big US banks shedding star financiers, traders

2014-08-04 00:00:00

NEW YORK, Aug 3 (AFP): Crippled by lawsuits linked to the 2007-2008 financial crisis, American banks are grappling with an exodus of its best bankers and traders, lured by the huge salaries of little-regulated hedge funds. Michael Cavanagh (48) was...

Central banks\\\' meetings to set stage for parting of ways

2014-08-04 00:00:00

LONDON, Aug 3 (Reuters): After the Federal Reserve maintained its path towards raising US interest rates next year, other major central banks will jostle for space on a crowded stage this week. The European Central Bank, Bank of Japan, Bank...

Modi in Nepal to boost energy, trade ties

2014-08-04 00:00:00

KATHMANDU, Aug 3 (AFP): Indian Prime Minister Narendra Modi arrived in Nepal on Sunday to try to speed up progress on power agreements while also aiming to counter rival giant China's influence in the region. Modi flew into Kathmandu for...

Chinese power use to rise 6.05pc

2014-08-04 00:00:00

BEIJING, Aug 3 (Xinhua): China's power consumption, an important indicator of economic activity, is expected to rise 6.5 per cent in the second quarter, bringing the annual rate for 2014 to around 6 per cent, according to a report released...

Modi in Nepal to boost energy, trade ties

2014-08-04 00:00:00

KATHMANDU, Aug 3 (AFP): Indian Prime Minister Narendra Modi arrived in Nepal on Sunday to try to speed up progress on power agreements while also aiming to counter rival giant China's influence in the region. Modi flew into Kathmandu for...

BJMC chairman gets extension

2014-08-04 00:00:00

Major General Humayan Khaled (retd) has got two years extension as chairman of Bangladesh Jute Mills Corporation (BJMC), said a press release. After retiring from the Bangladesh Army, Mr Khaled joined the BJMC on July 30, 2012. Mr Khaled got...

exchange rate

2014-08-04 00:00:00

Photo: Agrani Bank

2014-08-04 00:00:00

Photo: Rapport Bangladesh

2014-08-04 00:00:00

Brazil envoy lists aviation as new area of bilateral coop

FE Report | 2014-08-04 00:00:00

Brazilian ambassador in Dhaka Wanja Campos Nobrega emphasised Sunday the need for working together to take the bilateral relations between the two countries to a new height and explore new avenues of cooperation in the coming days. Speaking at the...

BKB to disburse Tk 5.90b farm loan in Khulna

2014-08-04 00:00:00

KHULNA, Aug 3 (BSS): Bangladesh Krishi Bank (BKB) in Khulna regional office has set a target to disburse agricultural loans worth Tk 5.90 billion in five districts under Khulna division during the current fiscal year (FY) 2014-15. Regional office in...

US Export-Import Bank backers to spend recess pushing for renewal

2014-08-04 00:00:00

WASHINGTON, Aug 3 (Reuters) : As US lawmakers headed home for the August recess, small-business owners, labor unions and other supporters of the Export-Import bank were preparing to spend the five-week break making their case to re-authorize the endangered lender....

RBI likely to keep interest rate unchanged

2014-08-04 00:00:00

NEW DELHI, Aug 3(PTI): Amid fears of poor monsoon impacting food inflation, the Reserve Bank may opt for status quo on interest rate in its bi-monthly monetary policy review to be unveiled on Tuesday. The food inflation remaining over 8...

ECB expects to hold fire despite low inflation

2014-08-04 00:00:00

BERLIN, Aug 3 (AFP): The European Central Bank is unlikely to take new policy action at its monthly meeting on Thursday, despite a lingering threat of eurozone deflation and geopolitical risks, analysts said. For now, the ECB is in "wait-and-see"...

Billions of dollars in deals, funding to be announced

2014-08-04 00:00:00

WASHINGTON, Aug 3 (Reuters): The United States will announce nearly $1 billion in business deals, increase funding for peacekeeping and commit billions of dollars to expanding food and power programmes in Africa during a summit this week, US and development...