Six firms have qualified for managing EPFO funds.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
While the number of international MF schemes is increasing, so is the confusion for investors.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Should NOTA ever get the maximum number of votes (which makes it the 'winner'), then a re-election should be held and all the candidates should be disqualified.'
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
As the Hindu Mahasabha shockingly threatens to celebrate the death anniversary of the man who murdered the Mahatma, we need to remember Mohandas Karamchand Gandhi and the ideals he stood for. In this exclusive excerpt from Shobha Warrier's new book, His Days With Bapu: Mahatma Gandhi's Personal Secretary Recalls, V Kalyanam, the Mahatma's personal secretary from 1944 until January 30, 1948, recalls his murder in cold blood.
Families of the 40 CRPF jawans, who were martyred in the dastardly terror attacks in Pulwama, have not yet been able to comprehend the huge void left behind.
'Some BJP old timers have remarked that the BJP is now driven by its own high command, the way the Congress was under Mrs Gandhi, says Subir Roy.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
Ad rates on regular days are less than half, media planners said.
Not all Opposition parties on board, say they are once bitten, twice shy.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
About 80 per cent of the companies that are registered are essentially non-IT.
He is talking, making sense, and India is listening. Rahul Gandhi needs to listen to him, too, says Shekhar Gupta.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
'I did not come here to contest elections and so I am not going to quit if I lose, television anchor and AAP member Ashutosh tells Rediff.com's Athimuthu Ganesh Nadar.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
A formal sector worker can contribute towards pension scheme till the age of 58.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Bandhan Bank is the first bank to be launched in eastern India post Independence.
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
PFRDA will invite bids to appoint pension fund managers.
Life Insurance Corporation of India has over Rs 7,000 crore in tax demand pending against it, the biggest across various categories.
Mohammed Taufiq has been a waiter at Kolkata's famous Coffee House for 36 years. After encountering at least 50, 100 new faces every day -- including Satyajit Ray once -- all he wants now is to return to his village after retirement.
Glimpses of the change Narendra Modi promised million of voters were visible at Rashtrapati Bhavan. Modi has now no excuse, but to perform and change India for the better. Sheela Bhatt/Rediff.com reports from the presidential palace. A feature on the swearing-in ceremony like none other.
'Aamir has bigger goodwill than even the Tatas and Birlas.' 'The Sanjay Dutt biopic is amazing because of Rajkumar Hirani, because of Abhijat Joshi's writing and because of Ranbir Kapoor's acting.'
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
