Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Subra Suresh is one of the only 16 living Americans to be elected to all three national academies, the IOM, the National Academy of Sciences and the National Academy of Engineering.
"There is currently an ICC Anti-Corruption Unit (ACU) investigation underway in relation to the Ajman All Stars League held recently in Ajman, UAE," ACU general manager Alex Marshall said in a statement.
More and more corporates are appreciating Mahatma Gandhi's books as gifts.
The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."
Ford Foundation, whose financing came under scrutiny in India last year, appears to have received help from John Podesta, chairman of the Clinton Campaign, to resolve the issue for which he is believed to have spoken to Prime Minister Narendra Modi too, according to latest emails released by WikiLeaks.
The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.
To ensure transparency, the Third Eye Cinema Fund has roped in various agencies as auditors and advisors.
Maitri, which provides free and confidential services to South Asian-American families facing domestic violence, at its 23rd annual gala raised half a million dollars. Ritu Jha reports
Market regulator in talks with SBI Caps, UTI Infra for scrutiny and auction of properties.
'With his stature as a playwright and actor, Girish Karnad was one of the voices of modernity for not just Karnataka but the entire country.'
Rama Mohana Rao's son became director of 7 companies after he became chief secretary.
A part of Rs 6.5 lakh cr corpus may be used to set up Workers' Bank.
Six firms have qualified for managing EPFO funds.
Sinha says many fund houses not abiding by rules on minimum number of investors, awareness funds
The labour ministry has notified the more flexible investment pattern of 2008 for the Employees Provident Fund Organisation (EPFO), but minus its provision for investment in equity.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
Labour Ministry has notified new investment pattern for EPFO.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
If the changes being considered by the EPFO become a reality, investors may have to be more active in deciding equity preference and when to withdraw money, reports Sanjay Kumar Singh
Out of around 80 million accounts that were analysed, there were 10 million records with only names and no other details about the subscribers, including their date of joining, date of birth and father's name, among others, in the EPFO's records.
Jaishankar, who along with the Commerce Secretary Rita Teotia, held a series of meetings with top officials of the Trump's administration and Congressional leaders, said the tragic incident in Kansas featured in many of their discussions.
'There is no question of diverting funds. This government is pro-poor, pro-worker and pro-progressive.'
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
Deposits of Rs 3 lakh are "justified" if a person has an annual taxable income of Rs 10 lakh and the tax department will "not touch" him.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
The former McKinsey India head is presently on board of many big Indian conglomerates.
According to an IB report, preachers of the extreme Wahhabism form of Islam are trying to take over madrasas and masjids, which is a cause of deep concern, says Vicky Nanjappa
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
'If we do not enter the temple, then history won't be made and all wrong rituals will get continue to be followed.' 'If they resort to violence against women and abuse them, how can they be Ayyappa Swamy's bhakts?'
In its 59-page order, the capital markets regulator Sebi said that the 10-year restraint period for them would be calculated after taking into account the restraint already undergone by him vide an interim order dated June 17, 2010.
"I do not want India to be an economic superpower. I want India to be a happy country." - JRD Tata
A formal sector worker can contribute towards pension scheme till the age of 58.
Here's how EPF stacks against other investment options
