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Money-laundering: Sumangal boss, arrested, sent to police custody

Last Updated: Tuesday, July 08, 2014, 00:33

The top boss of a city-based company, involved in collecting deposits from the public by floating potato bonds, has been arrested from Mumbai on charges of money laundering and was Monday sent by a court here to police custody till July 18.

DDA to hike interest rate for housing registration deposits

Last Updated: Friday, June 27, 2014, 00:01

Delhi Development Authority has decided to pay simple interest at 8 percent instead of the current 5 percent on registration deposits for all its future housing schemes, the urban body said Thursday.

Sebi hopes anti-ponzi ordinance would become a law soon

Last Updated: Saturday, June 21, 2014, 12:13

Armed with powers given through an ordinance to take on investment frauds, Sebi chairman U K Sinha today said he hopes it would soon become a permanent law to ensure continued clampdown against illegal investment schemes.

Create income-generating schemes in farming sector, minister

Last Updated: Tuesday, June 10, 2014, 13:10

Arunachal Pradesh Agriculture minister Chowna Mein has stressed the need for motivation of all stakeholders, introduction of high yielding varieties of crops and involvement of rural youths in farming by creating income-generating schemes in the farming sector.

Mutual funds garner Rs 1.5 trn in May, highest in 3 years

Last Updated: Sunday, June 08, 2014, 18:44

Investors pumped in a net Rs 1.5 trillion in various mutual fund schemes in May, the highest amount in more than three years.

Sebi prohibits MPS Greenery from disposing of assets

Last Updated: Friday, June 06, 2014, 20:15

Sebi on Friday barred West Bengal-based MPS Greenery Developers, booked for running illegal investment schemes, from disposing of any of its assets, except some bank accounts, to ensure the firm does not evade from refunding over Rs 1,700 crore to affected investors.

Sebi bars JSR Dairies, Adel Landmarks from raising funds

Last Updated: Thursday, June 05, 2014, 20:49

Pulling the plug on investment schemes run by JSR Dairies and Adel Landmarks, the regulator Sebi today restrained the two companies and their directors from collecting any fresh money from investors.

HDFC MF begins process of merging Morgan Stanley MF schemes

Last Updated: Wednesday, May 28, 2014, 19:38

Taking forward its deal to acquire the assets of Morgan Stanley Mutual Fund in India, HDFC Mutual Fund has begun the process of merging the schemes of smaller rival with itself.

Investors pump in over Rs 1 lakh cr in MF schemes in April

Last Updated: Wednesday, May 21, 2014, 15:49

The funds mobilisation in April came after a net outflow of Rs 1.09 lakh crore in the preceding month.

Urban poor's problems a big challenge before new government

Last Updated: Tuesday, May 06, 2014, 16:16

One of the biggest challenges for the next government will be to resolve problems of the urban poor who have not benefited from poverty alleviation schemes and are reeling under high prices, a senior official said.

India's story is "work in progress", still long way to go: PM

Last Updated: Wednesday, April 30, 2014, 14:30

In his farewell speech to the Planning Commission, Prime Minister Manmohan Singh on Wednesday said India's growth story is "work in progress" and there is still a long way to go.

YSR congress chief asks why TDP did not implement welfare schemes

Last Updated: Tuesday, April 29, 2014, 19:06

YSR Congress president YS Jaganmohan Reddy questioned here on Tuesday, about why Telugu Desam Party (TDP) president Chandrababu Naidu had not implemented welfare schemes he had promised.