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personal finance, mf investments, mutual funds, reliance growth fund, returns on reliance growth fund, reliance mf, mf schemes, indian mutual funds

Rate scare for savers: Not just FDs, an array of small savings become unattractive

A 25 bps RBI rate cut on December 6, the date of the next monetary policy review, appears a definite possibility. Aug 21, 2017
McDonalds Delhi

McDonald's ends CPRL license; 169 outlets in North, East face closure

Connaught Plaza Restaurants Pvt Ltd (CPRL) runs McDonald's outlets in northern and eastern India Aug 21, 2017
NCLT

Creditors oppose NCLT order, may pose hurdles in the way of RCom-Aircel merger

The order pronounced by the tribunal suggested that any creditor accounting 5 percent or less of the companies' total debt cannot oppose the merger. Aug 21, 2017
BPCL

BPCL to pump in Rs 18,000 crore to expand oil refineries

The expansion is a part of company's major roadmap to spend Rs 1.08 lakh crore in next five years. Aug 21, 2017
McDonalds Delhi

McDonald's terminates agreement with CPRL for outlets in northern and eastern region

McDonald's accused CPRL of violating numerous terms of the agreement and the latter cannot use the systems, trademark and designs of McD anymore. This will come into effect within 15 days from now. Aug 21, 2017
Essar Oil

Essar Oil closes 98% stake deal to Rosneft-led consortium for $12.9 bn

As part of the deal, oil major Rosneft will get a 49.13 percent stake in Essar Oil and the Trafigura-UCP consortium will hold another 49.13 percent stake in the company. Aug 21, 2017
Infosys

Buyback flops, Infosys stock slips to three-year low

The stock tanked 9.6% on the Bombay Stock Exchange at Friday's closing, its sharpest fall since April 2013. Aug 21, 2017
Vishal Sikka

Too little, too late: 'Vishal Sikka might have stayed on had the board sided with him sooner'

It is now also being said that Infosys would have a tough time retaining its clients, many of whom had a good equation with former CEO and MD Vishal Sikka and worked closely with him. Aug 21, 2017
IPO

3 insurers file IPO papers in 3 weeks; aim to raise Rs 20,000 crore

Two dozen companies have filed draft papers with the Securities and Exchange Board of India. Aug 20, 2017
sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

Wilful defaulters owe 27% of total outstanding loans to SBI alone

As many as 1,762 defaulters owe State Bank of India a staggering amount of Rs 25,104 crore. Aug 20, 2017
SBI

Talks fail, banks going ahead with August 22 strike

Not happy with government's response to protests against bank consolidation and corporate NPAs. Aug 20, 2017
Infosys

Who will succeed Vishal Sikka? Finding next Infosys chief won't be easy

Infosys is likely to pick an insider to succeed Sikka, even that won't be easy for the board. Aug 20, 2017
GST

GST return filing date extended till August 25

Traders across the country faced problems on Saturday due to the technical snag and could not file GST returns. Aug 20, 2017
7 products Apple probably wish theyd never made

7 products Apple probably wish theyd never made

Apple doesnt always get it right. Aug 19, 2017
Vishal Sikka

Law suits chase the bear's shadow: 3 US firms to sue Infosys over investor losses after Sikka exit

The firms intend to investigate potential securities claims on behalf of Infosys shareholders arising from allegations that it may have issued materially misleading business information. Aug 19, 2017
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