Ing Investment Management

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  Dutch Prime Minister Mark Rutte Meets PM Modi, Says Netherlands Keen to Invest in India

  Dutch companies are keen to invest in India, particularly in sectors like water management, waste management, agriculture, infrastructure, smart cities, banking and pension funds, Netherlands' Prime Minister Mark Rutte said on Friday.

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  Sebi Cancels ING Mutual Fund Registration

  The move follows the transfer of schemes of ING Mutual Fund to Birla Sun Life Mutual Fund.

• Birla Sun Life Completes Acquisition of ING AMC

  Birla Sun Life Asset Management Company Ltd (BSLAMC), a part of Aditya Birla Financial Services group, today said it has completed acquisition of all mutual fund schemes and portfolio management accounts of ING Investment Management India.

• Fair Trade Regulator Approves Birla Sun Life-ING Deal

  The Competition Commission of India (CCI) has cleared a proposed deal between Birla Sun Life entities and ING in the mutual funds space, saying the transaction is unlikely to have an adverse impact on competition.

• Birla Sun Life to Take Over ING Funds

  Birla Sun Life Asset Management Company on Thursday said it is to acquire mutual fund assets from Dutch bank ING Groep NV.

• Rich country investors return home for stable cash income

  The world's biggest investors may be rethinking 20 years of boosting overseas holdings and are instead seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.

• World stocks rise on data; euro falls before ECB meet

  The blue-chip Dow Jones index extended its record-breaking run on Wednesday and world stock markets edged higher led by strong gains in Asia, while the euro slid against the dollar a day before a European Central Bank meeting.

• ING sells stake in Vysya Life Insurance

  Dutch banking and insurance group ING said on Wednesday it has agreed to sell its 26 percent stake in Vysya Life Insurance to its joint venture partner Exide Industries. ING said the divestment is part of its sale of all of its Asian insurance and investment management operations.

• Wall Street little changed; Intel drags, Morgan Stanley up

  US stocks opened little changed on Friday, a day after the S&P 500 rose to its highest level in five years, as a weak outlook from Intel offset a fourth-quarter profit at Morgan Stanley.

• Sensex, Nifty clock gains for second day; Blue Dart jumps 20%

  The markets stayed firm in the flat-to-marginally higher trading band in the second half, helping the Sensex end the day at 18,517.34, up 0.31 per cent, and the Nifty at 5,627.75, 0.23 per cent higher.

• S&P 500 breaks longest winning streak since December 2010

  US stocks fell as evidence piled up that the global economic slowdown is dragging on Asia. Slower growth in Asia worries investors because Asia's economic endurance has helped offset weakness in the U.S. and Europe in recent years.

• Wall Street Week Ahead: Bulls, bears and wallflowers

  It's another one of those moments that always follow a big move in the stock market.

• Dow falls 138 points as Spain seeks help

  Europe's latest efforts to quell its financial crisis left investors exasperated, causing steep losses in stocks.

• Fed's latest action doesn't impress investors

  The Dow Jones average closed down 0.1% at 12,824. The Standard & Poor's 500 index fell 0.2% to 1,355.69.

• Sensex recovers over 200 points on rate cut hopes

  Rate sensitive stocks like realty (1.35%), banking (0.83%) and auto (0.80%) rebounded from the day's low.