It, however, does not manufacture devices on its own and rather does it through contract manufacturers.
The Supreme Court-appointed committee probing the IPL spot-fixing scandal has asked people having information on allegations of betting against Board of Control for Cricket in India president N Srinivasan's son-in-law Gurunath Meiyappan and other accused to share it them.
The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
BCCI President-in-exile N Srinivasan seems set to return to the helm of affairs after a two-judge probe panel found no evidence against his team Chennai Super Kings in the IPL spot-fixing and betting scandal which rocked the sixth edition of the event.
Industry body Amfi to hold meeting to decide on road map.
Ramkumar became the first Indian in seven years to advance to the singles final of an ATP World Tour event but missed out on ending India's 20-year title drought when he lost the Hall of Fame final to Steven Johnson on Sunday night.
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
Mumbai Cricket Association has formally requested the BCCI to allot the second and final Test between India and the West Indies to the Wankhede Stadium so that Sachin Tendulkar could play his milestone 200th Test before the home crowd.
The Board of Control for Cricket in India on Monday approached the Supreme Court challenging Bombay high court's order that held as illegal and unconstitutional the two-member probe panel constituted by it to look into spot-fixing and betting charges in the Indian Premier League as illegal.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
The three-member inquiry commission set up by the BCCI, to probe into the spot-fixing and betting charges during IPL 6, will now look into the roles of Gurunath Meiyappan and owners of Chennai Super Kings (CSK) and Rajasthan Royals (RR) franchises.
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
The Supreme Court on Wednesday agreed to hear the Board of Control for Cricket in India's plea against the Bombay high court verdict, which declared as illegal its probe panel that was set up to look into the Indian Premier League spot-fixing and betting controversy.
Ideally, one should opt for a 5 to to 10- year period in an MF scheme or exit when the goal is reached.
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
'In essence, while I appreciate your earnest care for the nation's welfare, your eagerness in returning the awards seems not be driven by data. The data is at worst favouring the present disposition or it provides an inconclusive result. It seems to be directed at Narendra Damordas Modi and nothing else,' says Sriram Balasubramanian in an open letter.
By addressing the Indo-American audience with such visionary jargons, Modi has created an inclusive environment for people who are living outside India to contribute back home, says Sriram Balasubramanian
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
The crucial meeting will mark N Srinivasan's return as BCCI president after nearly two months since stepping aside pending an internal inquiry into the spot-fixing episode that rocked the sixth edition of the Indian Premier League.
A defiant Board of Control for Cricket in India president N Srinivasan insists he will attend the Working Committee meeting in Delhi on August 2 despite the Bombay high court ruling that the constitution of the spot-fixing probe panel, which gave his franchise Chennai Super Kings a clean chit, was "illegal and unconstitutional".
The itinerary for the upcoming tour of South Africa and a disciplinary panel report on sacked IPL chief Lalit Modi are among the issues that would dominate discussions when the BCCI's working committee meets in Kolkata on Sunday.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
There are 230 million vehicles on the road, and counting. Bulk of these are under seven years old and once they get older, the industry estimates the requirement for spare parts and aftersales service to shoot up sharply.
Much before the BCCI came out with its probe panel report, many were aware what was coming.
The Supreme Court on Friday issued notices to the Board of Control for Cricket in India, N Srinivasan, his company India Cements which owns IPL team Chennai Super Kings, and Rajasthan Royals on a plea challenging Bombay high court order refusing to appoint a fresh committee to probe the spot-fixing scam in the sixth edition of the IPL.
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The past record of attacks by the Americans has been such that it would take a monumental task for them to get the rest of the world to believe in at attack on Syria. As such, in history books, this would seem another attempt by the US to emboss its unilateralism over the world and nothing else beyond it, says Sriram Balasubramanian.
SC tells the Centre that any deviation from its stand that the issue of Indian Prisoners of War languishing in Pakistani prisons cannot be taken to the International Court of Justice, will have its own ramifications.
Market regulator also announces measures for mutual funds sector.
The Supreme Court on Monday rejected BCCI's suggestion for setting up a special committee to probe the IPL spot-fixing scandal and proposed a three-member panel headed by former Punjab and Haryana Chief Justice Mukul Mudgal to examine the issue.
A private entity using our data for commercial benefits is infinitely more dangerous than a government entity overseeing operations with a defined purpose of internal security oversight, says Sriram Balasubramanian
Promoters, institutional investors have started increasing their holdings in domestic private sector companies.
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
N Srinivasan was on Friday restrained from assuming charge of the Board of Control for Cricket in India, if elected to the post, by the Supreme Court, which allowed the Board to hold its proposed Annual General Meeting scheduled for Sunday.
The markets will remain choppy ahead of RBI policy.
The temptation to rehash Manmohanomics is not going to deliver the achche-din that Narendra Modi has promised, warns Sriram Balasubramanian.
N Srinivasan refuses to confirm whether he is back in office as president of the Board of Control for Cricket in India.
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
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From an idea inititated in a hostel room, Hearing Plus went on to become a national chain of hearing treatment clinics.
Kerala Chief Minister Oommen Chandy was hurt mildly on his forehead in stone throwing by Left Democratic Front workers protesting against the solar panel scam in Kannur on Sunday.
