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Mumbai, India, Aug 20: BSE Institute Ltd. today signed a Memorandum of Understanding (MoU) with Tolani College of Commerce, one of the premier colleges in Mumbai, to set up a Financial Literacy Mission Centre in their campus located at Andheri. This Financial Literacy Mission Centre will offer various courses to students in the field of Finance and Financial Markets. These newly launched courses will include BSE Institute’s inimitable Global Financial Markets Professional (GFMP) program. On successful completion of the 12th grade, students willing to build a career in the field of banking and financial services can apply for this course with BSE Institute. Apart from providing coaching to enrolled students under certified faculties, BSE Institute will also help these students by providing hands-on assistance for internship and final placement. Speaking on the occasion, Vinod Nair, Head Academics and Product Development at BSE Institute said, “Financial managers cannot operate in a...

Mumbai, India, Aug 20: ICICI Securities, India's largest online investment service provider, today announced the launch of ‘Insta Account’, a completely online and paperless investment account. A Resident Indian who is KYC compliant as stipulated by SEBI can open an Insta Account on www.icicidirect.com to invest in Indian Mutual Funds. The investor has the freedom to use any of their existing internet banking account. With the Insta Account, investors also get the opportunity to explore and experience the range of benefits offered by ICICIdirect to its existing customers. ICICI Securities has made the account opening formalities convenient by streamlining the process with the existing KYC formalities, thus eliminating the inconvenience and lengthy process of filing and submitting paper documents. There are no charges to open an Insta Account on www.icicidirect.com Launching the new account, Mr. Vineet Arora, Executive Vice President ICICI Securities “Today internet and smartp...

Business News The week :The week was full of volatile for the Indian stock markets, but at the end the govt's move on MAT helped indices to end in positive note. Foreign Portfolio Investor (FPIs) worries abated after the government set up a high-level committee to look into the Minimum Alternative Tax (MAT) issue that triggered positive sentiments in Indian stock markets.  The BSE 30-Share indicator – BSE Sensex resumed firm a hovered in a wide range of 27,603.71 points and 26,423.99 points before recovering to end with a small weekly rise of 94.08 points or 0.35 per cent, to end at 27,105.39 points. In the last three weeks, it crashed 1,868.07 points or 6.47 per cent. The 50-share CNX Nifty opened higher at 8,230.05 points and moved in a breath of 8,355.65 points and 7, 99.15 before closing at 8,191.50 points, a modest gain of 10 points, or 0.21 per cent. Last Week : BSE Sensex lost 1.55 percent and Nifty shed 1.49 percent. The 30-share sensitive index (Sensex) of the Bomba...