Nitin Desai started delaying loan repayment from 2018 end: Edelweiss to HC

Senior Edelweiss officials, accused of abetting the suicide of renowned art director Nitin Desai on Friday submitted to the Bombay high court that he had started delaying on his loan repayment......

'We are the eyes and brain of the missile'

'Our sensors allow the missile to locate and identify the target even if it's on the move.'Peerzada Abrar reports. IMAGE: Tonbo's multi-sensor stabilised seeker for fire and forget next Gen weapon......

Multi-asset playbook divides mutual fund industry; hybrids in demand

The change in debt fund taxation is seen as boosting the demand for hybrid funds. Illustration: Uttam Ghosh/Rediff.com It is no surprise then that asset management companies (AMCs) have launched a......

Low risk appetite only sees hunger for hybrids growing

Fund houses are exploring ways to differentiate themselves in the hybrid space. Illustration: Uttam Ghosh/Rediff.com A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its......

Active MF schemes regain lost glory in 2023, outperform benchmarks

Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). Illustration: Dominic Xavier/Rediff.com......

CCI nods Reliance's Rs 2,850 crore buy of Metro's India biz

The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India. Photograph: Thilo......

'2022 will be blockbuster year for films'

'We will see footfall returning to pre-COVID levels by January.' Photograph: Kamal Singh/PTI Photo In the words of Joni Mitchell, you don't know what you've got till it's gone. Maybe a year......