An official close to the development said the tender invited by the SUUTI closed in the second week of this month and 12 parties submitted their expressions of interest.
M Damodaran, chairman and managing director of Industrial Bank of India was on Thursday appointed the chairman of Securities and Exchange Board of India.
Indian centre-back Sandesh Jhingan feels he will be "tested to the limit" while enhancing his game outside his comfort zone at Croatian league Prva HNL.
UTI Venture Funds and TDA Capital Partners have invested $2.3 million for a minority stake in RevIT Systems Private Limited and its subsidiary, Sherpa Business Solutions, a healthcare and publishing BPO company, based in Chennai.
Parliamentarians and legislators across the country voted on Monday to elect India's 15th president, choosing between opposition pick Yashwant Sinha and National Democratic Alliance nominee Droupadi Murmu who is favoured to win the battle to the Rashtrapati Bhavan.
The court on Thursday directed the CBI to withdraw a Look-Out Circular issued against Patel in a case of an alleged violation of the Foreign Contributions Regulation Act and apologise to him.
Foreign investors are believed to have accounted for majority of the bids totalling over 10.5 crore (105 million) shares for MUL's maiden public offer.\n
'They want to wind up Osho's Pune operation, take the money and move out of India.'
The economic reforms process has got a boost following the presidential assent to the Unit Trust of India (Transfer of Undertaking and Repeal) Bill, 2002 and Securities and Exchange Board of India (Amendment) Bill, 2002.\n\n\n\n
'Who is telling the truth? Former finance secretary Ajit Kumar or disgraced former UTI chairman P S Subramanyam?' asks Paranjoy Guha Thakurta.
His comments came in the midst of India's bitter border row with China along the LAC in eastern Ladakh.
Former Prime Minister Benjamin Netanyahu led right-wing bloc has secured an emphatic victory in Israel's general elections by claiming 64 out of the 120 seats in parliament, bringing the country's longest-serving premier back at the helm after a brief gap and also ending prolonged political instability.
A summary of sports events and sports persons, who made news on Thursday
Legendary Serbian defender Nemanja Vidic was articulate and candid while speaking at a conference in Mumbai on Friday. Norma Godinho/Rediff.com listens in as Vidic talks of Sir Alex Ferguson's motivational mind games, the Ronaldo bet and Man Utd under Mourinho...
Fidelity's head of investment strategy defends his lengthy portfolio and explains his approach.
Pakistan was put in the inglorious list in 2018 for its failure to check risk of money laundering, leading to corruption and terror financing.
International Finance Corporation, the private equity venture of the World Bank Group, DEG, one of the largest European development finance institutions, are eyeing a stake in State Industrial Corporation of Maharashtra.
Bihar Deputy Chief Minister Tejashwi Yadav, whose Rashtriya Janata Dal on Sunday retained Mokama assembly seat but failed to wrest from the Bharatiya Janata Party Gopalganj constituency, losing it by a whisker, asserted that the outcome marked a success of their 'experiment'.
'The State uses identity politics as part of divide and rule; the militant groups too use identity politics and civil society groups are also divided along ethnic groups.'
Feeling deprived by UTI in the settlement of the US-64 scheme, an investors' forum on Wednesday put before the government three options to pay at least the principal amount invested by them during 1998-99 following the revival of stock markets.
Earlier in the day, former India spinner Pragyan Ojha said the country knows how important farmers are and an outsider's opinion is not needed on an internal matter.
Schools closed for a day, crops damaged; more downpour on cards
These tax-free bonds were issued in 2003 to bail out Unit Trust of India's flagship scheme US-64, which got into trouble because of lack of transparency in its portfolio composition and investment strategy. Now these investors will finally get their due. And if you are among those, who have still not decided on what should be done with this windfall, financial advisors say the money should be channelled in instruments depending upon your age and risk profile.
Chennai-based DSQ Software may earn the dubious distinction of becoming the first company to be referred to the newly-created Serious Frauds Investigation Office for its role in the securities scam, sources said on Tuesday.
'India's edtech and start-up story will be in danger.'
Currently, if the IT department finds out that some income has been missed out by the assessee, it goes through a lengthy process of adjudication, and the new proposal would repose trust in the taxpayer.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
The Mamata Banerjee-led Trinamool Congress (TMC), which contested the Goa Assembly elections for the first time this year, failed to make a mark in the coastal state.
CBI conducted raids at over two dozen places including those of senior officials of SBI Mutual Fund, UTI and broker Ketan Parekh for allegedly duping the financial institutions of crores of rupees in the latest stock market scam.
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