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Regulatory framework for portfolio managers to be tightened

The PMS manager can only charge performance fee to investors if the fund has crossed its highest value as on the day when the...

Motown slowdown hits motor insurance

In the June quarter, growth in the segment stood at around 4 per cent, with premium collection at Rs 15,724 crore against Rs 15,074...

NZ’s Fonterra returns to India with yoghurt and flavoured milk

But has the Kiwi giant left it too late to break into the lucrative but cluttered Indian dairy market? Viveat Susan Pinto reports. New Zealand...

Raiding RBI reserves shows govt’s desperation: Subbarao

Subbarao said he would be "ok" if a sovereign bond issue in foreign currency is done once just to test the waters, but cautioned...

Airtel to shut down 3G network across India by March

The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter. By September, the shutdown will be...

CCD’s fundraising could be hit by complex shareholding

A complex holding structure and unrelated businesses clubbed under one roof could have been the reasons that prompted investors to shun the stock, experts...

Apple clocks double-digit revenue growth in India

Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for...

Debt profile worsens for V G Siddhartha’s unlisted private companies

The financials of six privately held companies associated with Siddhartha show an increase in debt and falling ability to meet short-term obligations. The privately held...