Sahara, Peerless told to stop deposits by '10

Lucknow-based Sahara India Financial Corporation and Kolkata-based Peerless General Finance have been asked by the Reserve Bank of India (RBI) to stop accepting public deposits by 2010. Sahara and......

How to use market volatility to your advantage

A year into equity investing, T Vishwanathan wants to make the most of the volatility in the equity markets. He is looking at investing in one of the existing arbitrage funds. "If the markets......

IT, pharma funds offer no returns over last one year

Worst performers among category funds, but beat sectoral indices Those who invested in defensive sectors like pharmaceuticals and IT (information technology) a year ago are staring at huge......

Funds question Sebi move to raise cash investment limit

The Securities and Exchange Board of India (Sebi) recently raised the cash transaction limit for fund houses to Rs 50,000 from the earlier Rs 20,000. There are questions on how practical it is.......