The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.
Retirement fund body EPFO on Thursday lowered the interest rate on Provident Fund deposits to 8.5 per cent for the current financial year, Labour Minister Santosh Gangwar said on Thursday.
The only caveat is that your will should be a simple one.
The EPFO started investing in ETFs in August last year after the CBT in March cleared proposal to invest in equity markets.
This decision would pave the way for crediting Rs 54,000 crore as 8.65 per cent interest for 2018-19, into the accounts of more than 6 crore EPFO subscribers.
Apart from khaman, the VVIPs from the US and their delegation will be offered broccoli and corn samosa, apple pie, kaju katli and a variety of teas to choose from, said chef Suresh Khanna of Ahmedabad's Fortune Landmark Hotel.
The plea filed by the father of the Pradhyumn's father Barun Chandra Thakur, sought cancellation of their interim bail granted by the high court on October 7.
Blackstone, KKR, and Bain Capital, among others, are in the race for its general insurance arm, and Bandhan Bank, Bain, and Dabur Investments have shown interest for RCap's 51 per cent stake in the life insurance business.
They said the 22-year-old management graduate will be questioned and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).
After India banned 59 Chinese apps last month, at least three more China-based video apps - Snack Video, Likee Lite, and Zili - have now made it to the list of top 10 downloaded apps in India on Google Playstore.
Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020 and has decided to challenge the direction in Securities Appellate Tribunal (SAT).
An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.
Prime Minister Narendra Modi on Thursday asked the people to serve as "trustees" in protecting the environment and utilising natural resources for the present while ensuring happiness of future generations.
The villagers have now kept firecrackers ready to hail a win for Kamala Harris, also a US Senator.
Cars, towing machines, forklifts, tractors, fire extinguishers, and iron ladders will be e-auctioned.
The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed
Under attack over charging her hosts business class for economy class travel, Team Anna member Kiran Bedi on Monday offered to return the excess money collected but it did not cut much ice with her detractors.
Patel rejected the charge as "completely baseless" and urged the Bharatiya Janata Party not to politicise matters pertaining to national security and divide the peace-loving Gujaratis.
With Muslim women groups protesting in favour of their demand, seeking entry into the inner sanctum of Haji Ali Dargah in Mumbai, trustee of the Dargah, Rizwan Merchant on Thursday said that their entry is prohibited in view of their safety which is 'fair and just'.
In electing Kumar to receive the 2019 Ramon Magsaysay Award, the board of trustees recognises his unfaltering commitment to a professional, ethical journalism of the highest standards; his moral courage in standing up for truth, integrity, and independence; and his principled belief that it is in giving full and respectful voice to the voiceless, in speaking truth bravely yet soberly to power, that journalism fulfills its noblest aims to advance democracy, the award citation said.
The EPFO has about 5 crore (50 million) subscribers and the decision will have a bearing on their retirement fund.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
Earlier it was announced that after landing at the airport in Ahmedabad on February 24, Trump will go to the Sabarmati Ashram and spend around 30 minutes there. All preparations are in final stages for the visit of President Trump.
Sebi on Monday barred Franklin Templeton AMC from launching any new debt scheme for two years and fined it Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to the six debt schemes, Sebi said in its 100-page order. In a separate order, the regulator has barred Vivek Kudva, former head of Asia Pacific (APAC) for Franklin Templeton, and his wife Roopa from the securities market for one year for redeeming units of Franklin Templeton MF schemes while in possession of non-public information.
The Finance Ministry has been pitching for EPFO funds to be invested in the equity markets to maximise their yields.
The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.
According to sources, both the departments have already laid their claim on the proceeds from the sale of the property
The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman last month.
EPFO manages a corpus of over Rs 8.5 lakh crore and its subscribers' base is over five crore at present.
The police are questioning members of Sathya Sai Central Trust in Puttaparthi in relation to the Rs 35.5 lakh seized at Kodikonda checkpost at Hindupur on June 18. While the police have completed the questioning of Ratnakar, Sathya Sai Baba's nephew, the interrogation of Srinivasan, a high-profile member of the trust, is underway.
Two elderly Chinese aerospace experts are hospitalised after a violent attack by a 'Princeling', states Jayadeva Ranade, the distinguished China expert and retired RA&W officer, highlighting the power the 'Princelings' ironically hold in the Communist People's Republic.
A smooth access to the hitherto prohibited area of the temple brought cheer to women devotees as they poured oil on the ancient black stone idol and offered flowers to the deity on Saturday.
Despite the trust's orders that men as well as women will not be allowed to enter the Shani Shingnapur temple here, around 100 men were on Friday seen storming into the inner sanctum of the holy place.
Bringing a local or non-Chinese partner onboard opens up the possibility of legal recourse to have the ban diluted or revoked. However, the process of going through a review committee and setting up local servers might take at least 3-6 months.
'Temperamentally, they are quite alike.' 'Ahmed Patel avoided the limelight and was not a power seeker.' 'The Gandhis too are not power wielders, but trustees of power.'
Bank accounts of a trust backed by Karmapa Ugyen Trinley Dorje and its trustees have been frozen in connection with the probe into the seizure of a huge amount of foreign currency from a transit home of the Tibetan spiritual leader. "It (freezing of bank accounts) is part of the investigation process as bank accounts were being thoroughly screened for money transactions," Inspector General of Police P L Thakur said on Friday.
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
Investigation into the attacks on some temples in Andhra Pradesh has revealed that most offences were committed by treasure trove hunters, believers in superstition, drunkards and others, Director General of Police D G Sawang said on Wednesday.
Hyderabad-born Gadde, 45, is Twitter's legal, public policy and trust and safety lead.
The famous pilgrim place of Lord Shiva, the Somnath temple in Gujarat will now be off-limits for non-Hindus as authorities have decided against entry to people following other faiths without prior permission.
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