Third-party motor cover tops growth chart in non-life biz
Rajesh Gajra, Jun 18 2013, FC Research BureauThe non-life insurance industry covers areas such as health, motor, fire, property and personal accident and keeping aside growth rates in most of them, no major segmental changes are generally
Tata MF first to label its scheme with colour code
Ravi Ranjan Prasad, Jun 18 2013, MumbaiTata Mutual Fund has become the first fund house to label its mutual fund schemes using colour code box to indicate the risk involved while investing.
Tata MF’s new fund
Emerging market equity, bond funds see $8b outflows
, Jun 18 2013, New DelhiEmerging market bond and equity funds witnessed their biggest weekly redemptions since the third quarter of 2011 as they withdrew more than $8 billion last week, according to a report.
IIFCL launches $1 billion infrastructure debt fund
KR Sudhaman, Jun 18 2013, New DelhiThe first $1 billion infrastructure debt fund (IDF) through the mutual fund route was launched on Tuesday to channel funds into the sector that is projected to attract investment worth
Secure your family’s future with a personal accident insurance plan
, Jun 18 2013On the occasion of Father’s Day every year my children make me feel special in their own little way. However there are moments when I wonder what
Rupee tanks 90 paise to all-time closing low of 58.77 vs US dollar
, Jun 18 2013, MumbaiResuming its downfall the rupee on Tuesday sank by a whopping 90 paise to all-time closing low of 58. 77 on massive dollar buying by banks and importers as
Kotak Mahindra Bank to expand in east
, Jun 18 2013, KolkataKotak Mahindra Bank will open more branches in the east to expand its presence in the region.
"We already have 10 branches in Kolkata
Gold futures seen falling; U.S. Fed, rupee eyed
, Jun 18 2013, MumbaiGold futures in India are seen falling this week due to lower domestic demand with investors awaiting the outcome of a U.S
No change in your EMIs, as RBI holds policy rates
Manju AB, Jun 17 2013, MumbaiBanks will not change interest rates as the Reserve Bank of India (RBI) on Monday, fearing a further weakening of the rupee, decided against lowering the rate at which it lends them money.
No change in your EMIs as RBI holds policy rates
Manju AB, Jun 17 2013, MumbaiBanks will not change interest rates as the Reserve Bank of India (RBI) on Monday, fearing a further weakening of the rupee, decided against lowering the rate at which it
- Payout on Franklin Templeton plan
FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.
- Canara Robeco declares dividend
Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.
- Payout on HSBC MF plan
HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.
- Dividend on Kotak MF
Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.
- UTI Mutual Fund declares dividend
UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.
- Payout on Bharti AXA scheme
Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.
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