Popular Articles

High assets reduce arbitrage funds' returns
Is it better to invest short-term money in an arbitrage fund instead of liquid funds? The returns from the former, being equity-oriented, are tax-free after a year, while those of a liquid fund, which is a debt fund, would be taxable. More, in a falling interest rate scenario, liquid funds are not expected to return 8 to 9 per cent as earlier. On the other hand, arbitrage funds can comfortably return 7 per cent. Suggest some good arbitrage funds.

IOC fears Rs 12,000-cr loss in '09-10
Says government needs to increase subsidy on kerosene and LPG

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Top 5 Japanese carmakers post smaller output falls in Aug
Japan"s top five auto makers have reported smaller year-on-year declines in their global production in August compared with July, showing signs of a bottoming out in auto production.
Public Relations

BoB, Indian Bank name Executive Directors

Public sector lenders Bank of Baroda and Indian Bank today announced that they had appointed new Executive Directors. - Magma Fin takes 7% in Experian Credit - Details of bank staff pay hike in 90 days - Indian Bank may float subsidiary for NPA management - More time for IFRS rollout: banks - South Indian Bank scales up biz target by Rs 1,500 cr - IBA agrees on second pension option, wage hike Bank of Baroda today said it had appointed N. S. Srinath as an Executive Director. Srinath was previously a General manger of Canara Bank. V. Rama Gopal, who was previously a General Manager with Andhra Bank has been appointed Executive Director of Indian Bank. Earlier in the day, three other public sectors named new Executive Directors.


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