Firms meet huge redemption pressure after deducting money from principal amount.
30 per cent of all movies made in Tollywood are produced by chit fund companies.
70 per cent of the total ad market in the state was driven by these companies.
A day after about 1,200 media persons from Saradha Group media entities lost their jobs in West Bengal, the state government extended a helping hand. On Wednesday, government officials are set to meet these employees to try and find a resolution to the issue.
Stockists and dealers have been charging more since early March.
Cites legal battle among latter's promoters as reason for staying away from cash-strapped venture.
ITC's biscuits, which have a sweet spot in the cream segment, now want a bigger piece of the cookies market
NRW is one of the leading providers of construction and mining services with a turnover $1.35 billion in 2011-12.
The product portfolio includes milk powder, long-life packaged milk, fortified milk, etc.
Yet to achieve financial closure for project because of pending draft agreement.
Kolkata's iconic Coffee House decides to rent out premises on Sundays, 'as long as it's related to culture'
Seeks to file additional documents in SC; hints at out-of-court settlement.
New MD likely to be announced by December-end or first week of January.
Trinamool's break with the Congress is encouraging the Left in Bengal to finally bestir itself. But it may be relying too much on the Trinamool's weaknesses rather than its own strengths, writes Ishita Ayan Dutt
ICICI bank, one of the investors, has been trying to reduce its stake for long, as it has to bring it below 5 per cent on directives of the US Federal Reserve.
The BPO's board will meet on Friday to finalise deal.
India's leading cigarette maker, ITC, has roped in artist Paresh Maity to design a limited edition packing for its Flake brand, with the launch of the Paresh Maity Collector series, to be exclusively sold in West Bengal. This is the first time that ITC has collaborated with an artist for its brand.
The Saffron Brand Consultants chairman talks about the perception and reality about Brand India.
"We will come up with a new brand identity next month and have already assigned one agency for this. It will be a new branding for Saregama, with a more youthful and uncluttered logo. We have chalked out the future road map. While there are plans to enter the television space more aggressively, we are exiting the films business," said Sanjiv Goenka, chairman of the Group.
During the April-June quarter, Russell Credit picked up 1.1 per cent in the hospitality major, taking total stake to 13.98 per cent, while the promoters hold a 56.57 per cent.