Days ahead of the monetary policy review, finance minister Arun Jaitley today said it's time for RBI to cut rate in view of moderation in inflation and subdued industrial growth.
Bajaj Allianz Life Insurance has witnessed more than 12 per cent growth in assets under management (AUM) to Rs 43,554 crore in FY15, compared to Rs 38,780 crore in FY14.
Bonus mutual fund (MF) options have become quite popular in recent years with a large number of investors taking this route to make investments. Bonus units involve a component
The country’s largest bank State Bank of India (SBI) is building blocks to grow its MSME business through the e-commerce space. In just two days, the 209-year-old bank has
The proposed gold monetisation scheme will not be a free pass for those holding untaxed income in the form of the yellow metal to bring their assets out in open
There is now a serious global attempt to ensure that multinationals pay taxes in the jurisdiction in which they carry out their business. The attempt is being made keeping
The Securities and Exchange Board of India (Sebi) has announced new guidelines for investment advisers and investors need to take a closer look at these details. These will be
The Rajiv Gandhi Equity Savings Scheme (RGESS) has been launched and first-time investors can ensure that they get an additional tax deduction for investment into equities through this route.
The introduction of direct plans for mutual funds has meant that investors have a choice to make their investment at a lower cost in various schemes. But this poses
- 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.