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PF » News

Now, mid-income segment to be offered Amex cards

19 Jun 2013

You can now afford the credit card that is preferred by uber rich families and celebrities across the globe

JLL announces first closing of its Rs 300-crore maiden fund

18 Jun 2013

Real estate consultancy firm, Jones Lang LaSalle's (JLL), Segregated Funds Group today announced the first closing of its maiden real estate ...

E-filing of audit reports must with tax returns

18 Jun 2013

The filing of audit reports was made mandatory in ITR Form 5, 6 and 7 after the tax department noticed discrepancies in filing of some returns ...

FMPs Lose Sheen?

13 Jun 2013

Fixed maturity plans or FMPs may be running out of steam this year after raising Rs.70,412 crore in the previous one.

SBI: No longer bankable, fund managers cut holdings

13 Jun 2013

Equity fund managers have taken a "U" turn as far their investment in India's largest lender State Bank of India (SBI) is considered. They took ...

Get a cheaper rate from the same bank

12 Jun 2013

By switching, you could save yourself a bundle. But get the timing right

Small funds, but highest returns in last one year

12 Jun 2013

Small and mid-sized fund houses would be smaller in size but when it comes to returns they are the ones making the highest returns for the ...

Investors book profits in gilts amid declining hopes of rate cuts

12 Jun 2013

Gilt funds, which primarily invest in government securities (G-Sec), saw investors booking profits amid hopes of interest rate cuts taking a ...

Fewer customers revolving their credit card dues

12 Jun 2013

Awareness about need to have good credit record prompts users to pay on time

HDFC Life launches cover compliant with new traditional product norms

06 Jun 2013

Private life insurer HDFC Life has launched a cover, that is compliant with the new traditional product norms notified by the insurance ...

Bank of Baroda announces single rate of interest for home loans

04 Jun 2013

Banks typically charge lower interest rate for an amount of up to Rs 30 lakh, after which it goes up

I-T to scan salary slips of top executives for TDS

03 Jun 2013

Department is bolstered by the fact that 41% in the total tax collections in the last fiscal came from the TDS category alone

Smokers spend 56% more than non-smokers on life insurance

02 Jun 2013

Aviva Life research says a smoker pays Rs 12,292 annually as life insurance premium for a 10-yr term plan with a sum assured of Rs 1 cr

Going abroad becomes less strenous for insurers

31 May 2013

Setting up foreign branches is set to become lesser strenuous for Indian insures with the Insurance Regulatory and Development Authority (Irda) ...

Irda relaxes eligibility requirements for agents

31 May 2013

Taking into account the difficulties faced by insurers in recruiting agents, the Insurance Regulatory and Development Authority (Irda) has ...

Dollar funds deliver as rupee falls

29 May 2013

With rupee touching 10-month low, international mutual fund investors see outsize returns

Insurers take social media route to promote business

28 May 2013

Insurers are also exploring methods of helping customers renew their policies using social networking accounts

HDFC Life launches Swabhimaan Careers for deceased policyholders' family

27 May 2013

Private life insurer HDFC Life, has announced the launch of Swabhimaan Careers, an initiative to build long-term relationship with customers by ...

Sudha Sharma likely to be new CBDT head

26 May 2013

Sudha Sharma, a 1976 batch Indian Revenue Service (IRS) officer, is likely to be the new head of Central Board of Direct Taxes (CBDT).

MFs sell shares worth Rs 11,000 cr in 2013

26 May 2013

Even as overseas investors are pouring money into the capital market, equity mutual funds (MFs) have remained net sellers and have offloaded ...

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