The government is believed to have zeroed in on DSP Merill Lynch for appointment as advisor and UBS and I-Sec as lead manager for the proposed public offer in Bharat Petroleum Corporation.
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
Brandishing sticks and swords, a mob vandalised the car of the president of a gurdwara management committee over the 'removal' of a poster of slain Sikh separatist Jarnail Singh Bhindranwale, police said on Monday.
The Central Bureau of Investigation team probing DSP Zia-ul-Haq's murder case has written to the Uttar Pradesh government for removal of local police officers in Pratapgarh's Kunda circle stating that their presence might affect the investigation.
The court also extended the custody of Iqbal, Mushtaq and Mir till April 10 on a plea by the police. The Delhi Police said that the accused were required to be interrogated further to identify the other persons involved. "The custody was required to ascertain the identity of other handlers," the police told the court.
Radical Sikh preacher and Khadoor Sahib MP Amritpal Singh's brother Harpreet Singh has been apprehended by Jalandhar police in a drug case, a senior police official said on Friday.
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'
Two close aides of former Uttar Pradesh minister Raghuraj Pratap Singh were remanded in Central Bureau of Investigation custody till March 18 by the agency court in Lucknow in connection with the murder case of Kunda Deputy Superintendent of police Zia-Ul-Haq.
The claim by Naik, the district minister in charge, to party workers in Hadagali assembly constituency, has added more embarrassment as it comes only a few days after he rejected any role in the transfer as 'far from the truth'.
Jagadish and Anukumar were taken into custody from the district headquarters town of Chitradurga by a team led by Deputy Superintendent of Police (DSP) Dinakar.
A bench headed by Chief Justice S A Bobde questioned as to why Bassi has not joined his service at Port Blair, Andaman and Nicobar Islands, as per the transfer order.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
Shooters' preps lacked planning, says Olympian Vijay Kumar
Bhola Kaushika came to Kota as a 17-year-old with a dream in his eyes to become an engineer. Instead, he became an outlaw.
Valuations are not exactly cheap and there are global factors, which are probably not conducive to a very strong bull market rally
A 16-year-old JEE aspirant allegedly hanged himself in his hostel room in Kota, hours after the National Testing Agency published the answer key for the first edition of JEE-Main 2024, the police said on Tuesday.
'What social justice is Tejashwi talking about?' 'Muslims in Bihar are asking we are 18%, and you are giving us 2 seats.'
In a fourth case of suspected suicide by a NEET aspirant this month, a 16-year-old student was found hanging in his hostel room in the Kunhari area of Kota, the police said on Thursday.
The police detained a couple after they mentioned about "a bomb in the bag" -- which turned out to be a false alarm -- during security check at Goa's Dabolim International Airport, delaying the flight they were to board by almost 90 minutes, an official said on Wednesday.
The students were identified as G Dinesh (22) from Wanaparthy in Telangana and Nikesh (21) from Srikakulam in Andhra Pradesh.
Rajasthan minister Shanti Dhariwal has said love affair was a reason behind many suicide cases among students, including a 16-year-old girl who died at her hostel recently, provoking her father to ask him for evidence.
A soldier who was reported missing since Thursday, has lost his life in the encounter in Jammu and Kashmir's Anantnag, officials said. "One more soldier has lost his life in the Anantnag operations. He had been reported missing since yesterday," security officials said.
An 18-year-old student preparing for the Joint Entrance Examination (JEE) allegedly hanged herself at her home in Kota on Monday, leaving behind a suicide note saying sorry to her parents and calling herself a 'loser'.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
Only investors with a higher risk appetite should enter these funds.
State Home Minister Anil Vij said the probe will also go into all aspects of illegal mining in the area.
According to the confession statement of Radha Kishan Rao, 'Peddayana' was very angry for not completing the work as per his expectation.
According to officials, 46 deaths have been recorded in terrorism-related violence since January this year in the twin border districts of Rajouri and Poonch and nearby Reasi district.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
A woman accused the India hockey player of sexually abusing her multiple times when she was a minor.
Bhadur Singh (17), a resident of Rampur district in Uttar Pradesh, was found dead in his room in Mahaveer Nagar-II on Friday night and his body was recovered from the room on Saturday morning, they said.
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The police would soon be approaching the 28-year-old to join the probe
