Sharjah-based marketing executive Vijay Raghavan has sent the 264 bonds he got in lieu of the Unit Scheme 64 certificates he held since 1990 to the Special Undertaking of UTI. Though he has not firmed up his investment plan, Raghavan is expecting a refund soon.
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.
Gold exchange traded funds are a new product, so investors should look at the cost of investing in them before making a decision.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.
One risk of investing in a very low-cost ETF is if a fund house runs it at below cost, it could close it if it fails to attract institutional money
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
While stocks are at cheap valuations, the volatility can be unnerving.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
A customer wanting to buy a car would have to wait a long time for delivery.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
The Reserve Bank is unlikely to lower the interest rates.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
Sensex is now as expensive as in early 2008
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
