Sebi issues new format for mutual funds' monthly reportFrom April 2019 onwards, AMCs will have to submit the MCR to Sebi in the new format by the third working day of each month.
Global payments firms to urge finance minister Arun Jaitley to ease data storage normBanks and payments firms have to house the transaction data of Indian consumers within the country by Oct 15.
Equity mutual funds see highest redemptions in last five monthsMutual fund advisors say the heavy redemptions are purely because of investors booking profits on their existing investments in mutual fund...
Wipro’s offshore staff get high single-digit pay hikeThe company announced “substantially higher” increment for people with emerging technology skills. Salary hikes of Wipro staff is effective...
ISRO gearing up for next launch in November-DecemberOn the failed PSLV-C39 mission in August, ISRO chairman said a committee was looking into it and "it is in the final stages of their findin...
Oil giants' mergers to make them very competitive: Utpal Bora, CMD, Oil IndiaMergers of big oil companies will allow them to bid for international asets and absorb fluctuations in fuel prices, according to Utpal Bora...
Crumpled kurta vs the suit: The scale of Nitish Kumar’s win has redefined political charismaNitish Kumar, CM elect of Bihar, is perhaps closer to Weber’s definition of charisma. He is outwardly unassuming and nondescript, someone y...
United Spirits to buy JP Impex Incorp's Karnataka-based assetsThe company has entered into an asset purchase agreement with J P Impex lncorp, a partnership firm, for purchasing the building, plant and ...
What did We Learn from Sindhurakshak Tragedy?The Indian Navy has an investigative system that will pinpoint the proximate cause(s) of this accident and eliminate the chances of a recur...
- Mirae mid-cap fund helps benefit from India growth story
Seoul-headquartered Mirae Aset Management has come up with a new fund offer namely Mirae Asset Emerging Bluechip Fund, an open-ended equity...