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SBI, 4 others shortlisted to manage PF funds

EPFO's advisory body FIC on Thursday shortlisted five entities --ICICI Securities, Reliance Capital, HSBC Asset Management Company, SBI and ICICI Prudential -- for managing its corpus of Rs 3.5......

Rel Cap, HSBC break SBI monopoly as PF manager

The monopoly of the state-owned State Bank of India in managing provident fund totalling about Rs 2.5 lakh crore (Rs 2.5 trillion) on Tuesday ended with government allowing three private players......

HSBC, ICICI Pru, SBI to manage PF

Leading private financial players HSBC and ICICI Prudential along with country's largest bank SBI have been shortlisted to manage about Rs 25,000 crore (Rs 250 billion) in provident fund of about......

Plan to buy a low-cost house? You may pledge PF contributions

The proposal will be vetted by a sub-committee on Wednesday for making final recommendations to the Central Board of Trustees EPFO's trustees will consider a proposal to allow its subscribers to......

Sensex ends 100 points higher after rupee, China shares rebound

A stellar rally in IT and pharma stocks was seen owing to a weak rupee and defensive buying amid volatility. Markets finished the session on a firm note, amid choppy trades, after a rebound in......
  Web results for Hsbc Sbi
MF industry asset base rises by Rs 86,956 cr in Jul-Sep

The Indian mutual fund industry's average assets under management (AAUM) collectively grew by Rs 86,956.78 crore or 7.04 per cent in the... ...
Kidwai set to exit HSBC

Mumbai, Sept. 30: Naina Lal Kidwai will retire as the chairman of HSBC India by the end of this year after a 13-year stint with the British lender.... ...
RCom set to exit telecom tower business

NEW DELHI: Reliance Communications is veering towards a complete exit from the telecom tower business, with the process to sell its stake in unit... ...
Sensex slips over 500 points; Nifty below 7,850 levels

NEW DELHI: The S&P BSE Sensex cuts all its gains to trade 500 points down after rallying 133 points in morning trade on Tuesday following mixed... ...
10 MF schemes which have beaten Sensex | 5 stks Mobius is betting on

NEW DELHI: Retail investors are back on Dalal Street and this time, mostly via the mutual fund route. This is evident from the fact that mutual... ...

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Coming to India and making

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