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MFs resist Sebi idea of equal charge

Mutual fund houses are strongly resisting a proposal from market regulator Sebi for treating small investors at par with large institutional ones in terms of various charges, such as exit-loads, with

Mining sector growth to slow down

India’s mining sector is likely to see a slowdown in growth to 8 per cent this fiscal, even as the overall economy is poised for higher growth, the Prime Minister’s Economic Advisory Council (PMEAC) h

EGoM meet on gas deferred

A meeting of the empowered group of ministers (EGoM) on natural gas has been put-off by a day to July 28 due to the visit of Myanmar’s ruling military junta leader. “The EGoM meeting was scheduled for

EIL FPO price band at Rs 270-290

The government on Sunday set Rs 270-290 as the price band for the follow-on public offering of state-run Engineer India Ltd. A group of ministers headed by the finance minister, Mr Pranab Mukherjee, s

SAIL to invest Rs 100 cr to revive Malvika Steel

New Delhi, July 26: State-owned SAIL today said it will invest Rs 100 crore to revive its Uttar Pradesh unit, formerly known as Malvika Steel, which the steelmaker acquired last year.

"The total cost

SFL net profit at Rs 58.8 cr

Chennai-based NBFC Sundaram Finance Limited (SFL), has registered a net profit of Rs 58.80 crore for the first quarter ended 30th June 2010. However, the net profit figures for Q1FY11 and Q1FY10 are n

Mexico registers $312 mn trade surplus

Mexico City, July 24: Mexico has registered a $312 million trade surplus in the first half of 2010, a big turnaround from the $1.2 billion deficit in the same period last year, the government said.

M

IOC reports net loss of Rs 3,388.49 cr in Q1

New Delhi, July 24: State-owned Indian Oil Corporation (IOC) today reported a net loss of Rs 3,388.39 crore in the first quarter, ended June 30 on account of selling fuel below cost.

IOC, the nation'

Brazil to make sugarcane fuel

Sao Paulo, July 23: Brazil will soon start producing sugarcane-based bio-fuel, which will be used in commercial vehicles from 2011.

The sugarcane-based fuel will be produced in collaboration with an

Nissan recalls 421 imported buses in China

Beijing, July 23 (PTI) Japanese carmaker Nissan has recalled 421 imported Civilian passenger buses in China due to design problems, the country's quality watchdog said today.

The imported Civilian bu

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.