TERI Director-General R K Pachauri was on Monday granted interim protection from arrest till February 26 by a Delhi court.
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
To be fair, one year is too short a period to judge the schemes' performance.
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
One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
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.
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
The country's 44 fund houses together garnered an average Asset Under Management) of Rs 9.04 lakh crore (Rs 9.04 trillion) during the January-March quarter of 2013-14, up from Rs 8.76 lakh crore (Rs 8.76 trillion) in the previous three-month period, Crisil said attributing the data to the Association of Mutual Funds in India.
Better stick to equity diversified funds, says Larisssa Fernand
New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years
'The sorry image of a wailing leader visiting relief camps for riot victims was completely incoherent with what he did next, blaming the minority community for the disturbance.' Utkarsh Mishra pens a tribute from the heart.
Six firms have qualified for managing EPFO funds.
'I expect a demand stimulus in the Budget. 'There has been such a shock to the economy that such a stimulus would be needed.'
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
'There is no question of diverting funds. This government is pro-poor, pro-worker and pro-progressive.'
Sensex is now as expensive as in early 2008
The Reserve Bank is unlikely to lower the interest rates.
Close to a million small shareholders have stake in nine NCLT-bound companies
During the dot-com bubble, it had touched a high of 1.9.
A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates
Firms have to adhere to strict compliance requirements mandated by global parents
While stocks are at cheap valuations, the volatility can be unnerving.
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.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
PFRDA will invite bids to appoint pension fund managers.
A formal sector worker can contribute towards pension scheme till the age of 58.
Between April 2 and July 8 this fiscal, the rupee has plummeted by 12.81 per cent, and hit all-time low of 61.21 per cent on Monday.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
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.
Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav on Thursday declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of bank deposits and Provident Funds.
The growth premium India enjoyed has largely been lost.
Arun Jaitley will aim for jumps in other revenue streams for the government.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Operational income not covering even their interest expenses, finds study; analysts say if economy turns around, new equity issuances an option
These transactions have come for shareholders approval because of requirements under the new companies law and amended listing agreements.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
The majority have stayed away from getting into cash handling.
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