Fixed maturity plans are definitely a better investment option than bank fixed deposits. Here's why...
Bank of India decided to forfeit partly paid equity shares on which allotment monies have not been paid by the shareholders.
People depositing money with banks in legal tender are allowed to withdraw the equivalent amount without any restriction.
India will get access to its landlocked seven northeastern states through Bangladesh with
Credit Suisse said if the deal fructifies, then this will bring together the largest offline and online retailers in India.
From the appointed date, the authorised capital of the private sector bank would stand altered to Rs 5,000 crore and the number of equity shares at 2,400 crore having face value of Rs 2 each.
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.
H-1B visa programme has over the years brought hundreds of thousands of Indian skilled professionals to the United States.
Hind Industries Ltd annulled forfeiture of 300 equity shares, which were earlier forfeited by the company due to non-payment of allotment/call monies.
Two victims of the deadly Sydney siege were remembered on Tuesday by tearful mourners at private memorial services here, a week after a gunman held them hostage inside a downtown cafe in Australia.
A 17-hour-long hostage drama in which a lone heavily-armed man of Iranian-origin held 17 people hostage at a cafe in central Sydney ended late Monday night (Indian Standard Time) with the police storming it, resulting in three deaths.
Reliance Capital Ltd forfeited 12,61,455 shares due to non-payment of allotment/call monies. Of the forfeited shares, 35,466 were annulled by the company.
With Bangladesh set to try the 1971 war "criminals", Pakistan has said a tripartite treaty also involving India had resolved the issue for good.
'Investors should plan and make investments strictly on the basis of their risk profile.' 'They should not bite more than they can chew.'
We asked our readers to send in their condolences for the brave hearts who lost their lives in the Naxal massacre in Dantewada, Chatttisgarh on Tuesday. And the messages continue to pour in.
PM Tony Abbott warns that terror threats would get "worse before it gets better".
Over the next five years, it will be Narendra not Nitish who will be under pressure to deliver vikas and atmanirbharta in Bihar, notes Kanika Datta.
A look at 5 weekend watch movies.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
What does the proposed Direct Taxes Code hold for the common man? A look at visible effects and implications of the proposals on our monies.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
Responding to New Delhi's concerns, Bangladesh on Monday gave a commitment of not allowing its territory to be used for anti-India activities, as the two countries discussed a proposal for setting up a regional task force to tackle the menace. Reaching out to the new government in Dhaka, External Affairs Minister Pranab Mukherjee held talks with Prime Minister Sheikh Hasina, Foreign Minister Dipu Moni and Home Minister Sahara Katun and conveyed concerns.
In an apparent reference to Pakistan, India on Monday said hurdles in the global war against terror are created by "unwillingness" or lack of "sincerity" on part of countries and any "architecture or framework" does not "stand in the way" of fighting the menace.
Leg-spinner Poonam Yadav's magical spell helped India beat Australia by 17 runs in the tournament opener on Friday but the Harmanpreet Kaur-led side can't afford to take Bangladesh lightly as their eastern neighbours had beaten them twice in the 2018 T20 Asia Cup.
Fifteen persons, including six militants and a Congress leader and his family, were killed in Assam's troubled Karbi Anglong and N C Hills districts on Tuesday, where a goods train was also attacked and 20 houses burnt.
Only Bong Joon Ho -- whose film Parasite won the Oscars for Best Film, Best Director, Best International Feature -- knows how to work with a heavy hand and still get respectable results, says Ranjita Ganesan.
'I was shocked by the kidnapping episode. I could have lost my life.'
'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.'
The decision is aimed at discouraging hoarding of valid currency notes
Bill Gates has revealed that the development of "next-generation" ultra-thin condoms to enhance sexual pleasure is in progress.
Heavy overnight rain rendered the ground unplayable.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
So far in December 2007, various Asset Management Companies have filed offer documents for twelve new equity-oriented fund offerings. All of them are either thematic or sector funds. If one were to go by just this fact, then yes, diversified funds are dead.
So far in December 2007, various Asset Management Companies have filed offer documents for twelve new equity-oriented fund offerings. All of them are either thematic or sector funds. If one were to go by just this fact, then yes, diversified funds are dead.
The ED, which is probing the DHFL promoters' role in financing funds to gangster Iqbal Memon (alias Iqbal Mirchi), said Kapil Wadhawan, former chairman and managing director of the debt-laden company, played a very crucial role in these "nefarious transactions" by way of money laundering.
They were protesting the killing of a youngster by the army.
NRI entrepreneurs Moni Varma, founder of the Veetee brand basmati rice and Rami Ranger, founder-chairman of Sun Oil Ltd, have won the Asian of the year and Asian Leadership in Europe Awards for 2006 respectively.
We have formulated a 5-step strategy for every investor looking at investing in tax-saving funds.
