'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
"This decision was taken at the recent Apex Council meeting and it will be the same like the way BCCI has it. The modalities will be worked out by the Association's Cricket Improvement Committee (CIC)," a senior MCA official said.
Rediff readers tell us how they are celebrating Ganeshotsav this year.
Deepa Gahlot lists 10 gangster thrillers on OTT for those who have the stomach for gaalis and gore.
The reason? Price of open cell panels has gone up 15%. One of the main components in the manufacturing of TV sets, open cells contribute to 60%-65% of the manufacturing cost.
The incident occurred under the jurisdiction of Aron police station, some 160 km from the state capital, around 3 am when the police personnel had gone to nab the miscreants.
India will become the fourth country to master the technology of soft-landing on the lunar surface after the US, China and the erstwhile Soviet Union.
Among the Sensex firms, Bajaj Finance emerged as the biggest gainer by climbing 2.95 per cent. Tata Motors, Bajaj Finserv, IndusInd Bank, Sun Pharma, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, HDFC, HDFC Bank, Maruti, Reliance Industries and Bharti Airtel were the other major winners. HCL Technologies, Axis Bank, ICICI Bank, Tech Mahindra and Titan were among the laggards.
Stars attend the screening of Modern Love: Mumbai, which will start streaming on Amazon Prime Video from May 13.
The entire process being autonomous when the lander has to fire its engines at the right times and altitudes, use the right amount of fuel, and scan of the lunar surface for any obstacles or hills or craters before finally touching down.
Rediff readers tell us how they are celebrating Ganeshotsav this year.
Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.
'Digesting protein is hard work for the metabolic system. The more natural the protein is, the easier it is to digest,' explains Dr Karthiyayani Mahadevan.
Some of the suspects who attacked senior Congress leader Salman Khurshid's house in this district of Uttarakhand were identified on Wednesday, following which raids were intensified to apprehend them, a senior police officer said.
Vishwajit Rane, who had unsuccessfully lobbied for the CM's post, has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments.
The government on Wednesday reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM) under existing chairman Bibek Debroy, for a period of two years. V Anantha Nageswaran has been dropped, Rakesh Mohan (former deputy governor of RBI), Poonam Gupta (director general of NCAER) and TT Ram Mohan (professor, IIM Ahmedabad) have been appointed as part-time members of the reconstituted EAC-PM. The other part-time members of the Council include Sajid Chenoy, Neelkanth Mishra and Nilesh Shah.
Issue-based theatre has the capability of playing a transformative role in society -- first through the artists and their families and then, their audience.
'I'm usually pretty chilled and cool, but there are random moments when the brain doesn't compute and I don't stop to think.'
There are around 15 lakh diamond workers in Gujarat, including nearly seven lakh employed in units in Surat, which is the largest hub of cutting and polishing of these precious stones.
Narvekar, who polled 164 votes, defeated Uddhav Thackeray-led Shiv Sena candidate Rajan Salvi who got 107 votes.
Automotive (auto) and consumer appliance companies are hoping for a bounty from the harvest season after two consecutive dry spells in 2020 and 2021. The season, which also marks the beginning of the regional New Year, kicked in across the country from April 1 - Gudi Padwa in Maharashtra; Ugadi in Karnataka, Telangana, and Andhra Pradesh; Bihu in the Northeast; and Chaitra Navratri in the North. Manufacturers and retailers of cars, two-wheelers, and consumer appliances said they have seen demand pick up year-on-year (YoY) at a brisk pace across categories.
Gusty winds and heavy rains lashed several parts of Goa on Sunday morning due to cyclonic storm Tauktae, uprooting electric poles and affecting power supply in many parts of the coastal state, officials said.
A total of 201 persons were arrested in the infamous case, of which 57 have been granted bail.
We asked you to share pics and stories of your furry companions. Nilesh Rane, 43, from Mumbai shared pics of his cat Ginger.
The lowest victory margin of 76 was recorded in St Andre constituency in North Goa, where Revolutionary Goans Party, a new political outfit in the state, made its debut by defeating BJP candidate and sitting MLA Francis Silveira. RGP candidate Viresh Borkar won the contest.
The students were present for the examination in the school when the incident occurred.
Rediff readers share their election day style pics.
'My father, mother and other relatives died in the landslide'
With Narayan Rane, the BJP looks to expand its footprint in Mumbai and Konkan. But a perceived self-goal by him may have galvanised the restive Shiv Sena cadre and voters to coalesce around their party. Dhaval Kulkarni reports
Nagaland's scorecard resembled a telephone number, 0, 7, 0, 0, 0, 1, 0, 7, 10, 0 and 0 not out as they crashed for 25 against Uttarakhand.
Squad drags from scene to scene like a lifeless sloth with no destination in mind, sighs Sukanya Verma.
The latest hike is likely to be followed by another such move next month, said industry players. Before the latest hike, companies had initiated price hikes to the tune of 12-13 per cent in 2021 but they weren't able to fully cover the increase in costs.
Offline retailers are feeling the Omicron January chill as consumers are apprehensive about venturing out in the midst of rising Covid cases across the country. Covid restrictions, as well as concerns over the new virus variant, are seeing shoppers pull back from the high streets and shopping malls, clearly cautious about streaming into stores and choosing to self-censor instead. Offline retailers' hopes of a bumper End-Of-Season Sale (EOSS) and Republic Day (R-Day) Sale to compensate for losses over the pandemic have been dashed. Fewer trips to malls mean lower footfall and sales, resulting in higher piling of stock - and possibly higher discounts.
Sathe had suffered multiple injuries on his skull in that incident, but due to his strong will power and passion he cleared the test and started flying again, his cousin said.
Nilesh Veera, director of APMC said, complained that availability of workers is a big problem. They have asked the government to provide enough sanitizers, masks, etc, for worker safety, to call them back. There has been no reply.
Sawant took the oath in Konkani language.
Former India pacer Ajit Agarkar has been appointed as the chairman of the selection committee for the senior and under-23 Mumbai men's team by the Mumbai Cricket Association.
New kid on the block Nilesh Sahay talks about his debut movie, Angel.