Macedonia explores partnership with TAFE

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Press Trust of India New Delhi
Last Updated : Jan 16 2015 | 6:20 PM IST
South East European country Macedonia plans to strengthen partnership with tractor manufacturer TAFE to boost its agriculture sector, the company said in a statement .
Macedonia Prime Minister Nikola Gruevski recently explored the possibility of forging a partnership with TAFE Ltd in order to develop the agriculture sector during his interaction with TAFE Ltd Chairperson Mallika Srinivasan, the statement said.
TAFE Ltd (Tractors and Farm Equipments Ltd) has a presence in Macedonia for over two decades. The Chennai-based company which specialises in the sub-100 HP range of tractors, offers farm mechanisation solutions to Macedonia.
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LIC Nomura MF launches RGESS Series 3
* LIC Nomura Mutual Fund today said it has launched the third series, of its Rajiv Gandhi Equity Savings Scheme (RGESS), a three-year close ended fund.
The New Fund Offer (NFO) is open for subscription from today and close on January 30, LIC Nomura MF said in a statement.
LIC Nomura MF RGESS Series is a three year close ended fund which aims to generate capital appreciation by investing in a portfolio of equity instruments qualified for RGESS.
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Sundaram Mutual launches Sundaram Value Fund Series II * Sundaram Mutual today said it has launched Sundaram Value Fund-Series II, which is a five-year close-ended equity scheme.
The equity scheme seeks capital appreciation by investing predominantly in equity and equity-related instruments of companies which are undervalued across the market capitalisation, according to a statement issued here.
The fund aims to invest 80 per cent to 100 per cent of this scheme's assets under management (AUM) in equity and equity-related securities. It would have an actively managed diversified multi-cap portfolio of about 30 to 40 stocks, the statement said.
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First Published: Jan 16 2015 | 6:20 PM IST

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