ED summons Maha NCP chief in IL&FS money laundering case

The Enforcement Directorate (ED) has summoned Maharashtra Nationalist Congress Party president and MLA Jayant Patil for questioning in a money laundering case linked to alleged financial......

An Indian American in the White House?

What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy. IMAGE:......

AMCs outline riders to exit small, midcap MFs in case of market crisis

Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market......

Sponsor MF contributions near Rs 1 trn

Mutual fund bets in their own schemes are nearing the Rs 1 trillion mark. The total value of sponsor and associate investments across all categories of schemes touched Rs 95,058 crore in February,......

India's Startup Scorecard

For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta. Illustration: Dominic Xavier/Rediff.com Startups are being projected as the 'backbone of future......

Reits seek 'equity' label, option to take loan from banks

Real estate investment trusts (Reits) are in talks with regulatory bodies — the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) — to seek changes in......