BCCI interim chief Jagmohan Dalmiya is set to be elected unopposed in a straightforward affair at the Cricket Association of Bengal's 82nd Annual General Meeting in Kolkata, on Tuesday.
Veteran Vishwa Hindu Parishad leader Ashok Singhal has been replaced as the international president of the organisation while its general secretary Pravin Togadia was given a greater responsibility.
The decision would leave a surplus of Rs 15.26 crore.
The rate for current financial year is 8.25 per cent.
The move can help mop up about Rs 1.2 lakh every day for the purpose.
Imam said it was his right to use the red beacon.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
A smooth access to the hitherto prohibited area of the temple brought cheer to women devotees as they poured oil on the ancient black stone idol and offered flowers to the deity on Saturday.
Provident fund body may get support to ensure interest rate comparable with other savings instruments.
The 4.7 crore (47 million) EPFO subscribers were left guessing during the year on continuance of 9.5 per cent interest rate for this fiscal, with the retirement fund body, in an unprecedented development, deciding to refer it to the finance ministry for a final decision.
Vishwa Hindu Parishad on Tuesday gave its support to Anna Hazare's campaign against corruption but said it was involved in the movement "only as patriots".
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 lakh crore (Rs 3.5 trillion).
Infosys Science Foundation announced 2011 prize winners across five categories.
He may play an indirect role in group beyond Dec next year.
A consensus eluded the Central Board of Trustees on the controversial issue of interest rates for 3 crore (30 million) provident fund subscribers amid indications that the board would take up the matter next month.
The Central Board of Trustees of the Employees Provident Fund Organisation (EPFO) today decided to retain the previous year's interest rate of 8.5 per cent for the current fiscal.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
The government has approved payment of 8.75 per cent rate of interest on PF deposits in 2013-14 for over five crore subscribers of retirement fund body EPFO.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Woodbridge, the Thomson family holding company which controls about 70 per cent of Thomson, has also committed to vote in favour of the deal, the statement said.
Since the RBI is the 'lender of the last resort', as per terms of arrangement, Yes Bank would have to exhaust immediate liquid assets before accessing this fund.
After a three-hour meeting of the Central Board of Trustees of the EPF, CITU general secretary Tapan Sen said that the meeting decided to continue with 8.5 per cent for 2007-08, ignoring the demands by trade unions to hike the interest rate to 9.5 per cent.
Retirement fund manager EPFO has decided to suspend further investments in the LIC Housing Finance till CBI completes investigations into the alleged involvement of its top official in the bribes-for-loans scam.
Employees Provident Fund Organisation fails to arrive at a decision on interest rate.
With regards to NFOs, we have a clear action plan for investors -- avoid NFOs, instead opt for well-managed, existing funds from that category (of the NFO) with well-established track records over the long-term, especially during a market downturn.
The EPFO pays rate of return to its subscribers on the basis of returns it generates from its investments.
Five Indian-Americans have been named among the 400 richest people in the US by Forbes, a list topped by Microsoft co-founder Bill Gates for the 21st year in a row with a net worth of $81 billion.
Listed entities would have to co-operate with intermediaries registered with Sebi such as debenture trustees and credit rating agencies
Finance Minister Pranab Mukherjee will soon give the green signal to the payment of 9.5 per cent interest rate on provident fund deposits during 2010-11, a senior government official said on Tuesday.
Ussue will be raised at the meeting of the Central Board of Trustees of the Employees Provident Fund Organisation on Tuesday.
According to the EPFO estimates, there would be a surplus of Rs 151.67 crore after providing 8.65 per cent rate of interest for 2018-19 on EPF.
Often criticised for offering less attractive interest rates than banks for most of the last five years, retirement fund manager EPFO hiked the annual rate of returns on employee provident funds to 9.5 per cent in 2010 and this time around, the banks were left behind.
Union Minister Ramvilas Paswan on Thursday criticised the decision taken by authorities at the Somnath temple in Gujarat to restrict entry of non-Hindus inside, sans permission, and stated that the Central government has never supported any discrimination on the basis of religion.
The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.
The finance ministry wants the Employees' Provident Fund Organisation to bypass the central board of trustees when deciding how to invest a portion of the Rs 5-lakh crore (Rs 5 trillion) provident fund corpus in the capital market.
The EPF Board on Saturday failed to clinch the contentious issue of interest rate for the current fiscal for its four crore subscribers and rejected finance ministry's proposal to invest 5 per cent of the EPF money in the equity market.
The EPFO Board will for the third time meet in New Delhi on Tuesday to decide on the interest to be offered to its three crore subscribers this year, even as trade unions' demand higher returns.
Without giving specific details, Sebi said that SBI was being probed for 'alleged violation of regulations' contained in as many as 11 sections, sub-sections and clauses, including those related to the Code of Conduct, of the Securities and Exchange Board of India (Debenture Trustees) Regulations.
A lot of my decisions are based on idealism, says N R Narayana Murthy
