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Investors pull out over Rs 48,000 cr from MF schemes in June

Investors have pulled out more than Rs 48,000 crore from various mutual fund schemes in June after putting in a staggering Rs 1.44 lakh crore in the preceding two months.

Satyam is no more; to live on as part of Tech Mahindra

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New Delhi: Once a darling of the Indian IT sector and the stock market, the scam-hit erstwhile Satyam has formally ceased to exist as an individual entity by formally merging with Tech Mahindra.

Grounded Kingfisher's shareholder base zooms to record high

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New Delhi: In a logic-defying trend, the number of shareholders at Kingfisher Airlines has zoomed to a record high level of about 2.4 lakh investors even as the carrier has remained grounded for over

Kerala tourism to welcome only responsible investors


Thiruvananthapuram: Kerala tourism has ended the ‘blanket welcome’ policy for tourism investors. It will roll out the red carpet only for those investors who are willing to be ‘responsible tourism’-c

Small investors shy away from MF


Mumbai: The mutual fund industry’s asset under management rose to an all time high of Rs 8.68 lakh crore as at the end of May on the back of strong inflows into the income funds and liquid fund schem

We have dispelled atmosphere of gloom and doom: PM


Prime Minister Manmohan Singh on Saturday said the government has dispelled the atmosphere of 'gloom and doom' and will soon announce steps to stave off investors' fears ensuing from taxations measure

Sahara seeks review of SC verdict on refunding Rs 24k crore


The Sahara group on Friday moved the Supreme Court seeking review of the verdict ordering it to refund Rs 24,000 crore, raised from investors through Optionally Fully Convertible Debentures (OFCDs). C

'India's infra sector offers huge opportunities to US business'


India's infrastructure sector is poised for a big leap and offers significant investment opportunities for US businesses and other investors, Planning Commission Member B.K. Chaturvedi has said.


Expert panel wants GAAR deferred by 3 years


A controversial set of laws to stop tax avoidance in India should be deferred until 2016, an advisory panel set up by Prime Minister Manmohan Singh to examine the rules said on Saturday, a move likely

SC directs Sahara Group to refund Rs 17,400 crore to investors


In a major setback to the Sahara Group, the Supreme Court on Friday directed two of its companies to refund around Rs 17,400 crore to their investors within three months with 15 per cent interest.

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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.

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