The Federal Reserve Bank of New York is all set to dispose more than $7bn in face value of “toxic” securities related to the government bailout of American International Group (AIG). The central bank of the US has planned to ...
Tags: NY Fed, face value, government bailout, insurance, AIG
Shares of Hindustan Copper and Blue Dart Express have rallied over 25% after initial fall of more than 4% each on back of heavy volumes. Hindustan Copper has soared 15.5% to INR 276, bouncing back almost 25% from intra day low on the BSE. ...
Tags: Copper and Blue Dart, copper, Express rally, Hindustan Copper
The Boards of Directors of Pantaloon Retail India Limited(PRIL)and Future Ventures India Ltd,(FVIL)approved a proposal to consolidate their fashion businesses into a new to be listed entity(Future Fashion),which would emerge as one of ...
The Federal Reserve Bank of New York has sold over $4bn of packaged mortgage debt, further reducing a portfolio of assets associated with the bailout of Dutch insurer American International Group (AIG). Since the sales of the securities ...