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About 100 results for "rediff money"

5 more money lessons for you
Rediff.com

5 more money lessons for you

Salil Dhawan explains why you must invest early in life.Illustration: Uttam Ghosh/Rediff.com Part I: 5 money lessons for you to make it big 1. Go for consistency of fund over a long duration rather than short term performance Invest in funds that have displayed consistency in performance across all market cycles. There will be funds which will display short term out performance: especially sectoral funds but keep going with excellent diversified funds in SIP mode. Avoid NFOs!   Don't ... Rediff.com, 1 day ago
5 money lessons for you to make it big Rediff.com, 1 day ago
Rediff.com

Buoyant markets help promoters raise funds via stake sale

Institutional investors led by foreign portfolio investors have bought these shares. Illustration: Uttam Ghosh/Rediff.com Promoters of five companies - Bharti Infratel, Escorts, McLeod Russell India, Relaxo Footwear and Action Construction Company - have sold equity shares worth nearly Rs 4,000 crore through open market transactions in the past three weeks to cut debt in their respective company's books.   According to disclosures made by the companies to the stock exchanges, ...
 Rediff.com3 days ago
Rediff.com

2nd time in FY18 equity MFs monthly inflow crosses Rs 20K

Monthly SIP inflow is Rs 6,000 crore, with a little over 1.75 million accounts Illustration: Uttam Ghosh/Rediff.com Equity mutual funds (MFs) saw net investor inflow of Rs 20,308 crore in November, despite weakness in the stock market. This is the second time after August that equity schemes got monthly inflow in excess of Rs 20,000 crore. The average inflow for the previous four months was Rs 18,900 crore.   With this, total inflow for the year is Rs 1.36 lakh crore, highest yet in a ...
 Rediff.com3 days ago

Jamshedpur's new man of steel

'He was sought after because he delivered.'Ishita Ayan Dutt profiles Tata Steel's new boss.Illustration: Dominic Xavier/Rediff.com T V Narendran, the newly appointed global CEO & MD of Tata Steel, runs at the rate of 8 km an hour, three days a week. Last year and the year before, he ran 10 km in the Tata Steel Kolkata 25K marathon. Running for him is not just a way to stay fit, it's also his thinking time.   As he slips into a global role, he might have to run some extra laps to deal ...
 Rediff.com4 days ago
Rediff.com

Depositors, don't worry about losing money: Bankers

Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?Anup Roy finds out. Illustration: Uttam Ghosh/Rediff.com The proposed Financial Resolution and Deposit Insurance Bill would not worsen depositors' plight from what is currently with the present protections in place, say bankers and experts.   Some commentators have suggested that the Bill, currently being examined by a Joint Parliamentary Committee for tabling in the winter session of Parliament, would take ...
 Rediff.com1 week ago No change in protection for bank depositors, says FinMin  Rediff.com4 days ago
Rediff.com

Cheers! EPFO subscribers will now get mutual fund units

'A subscriber will know exactly how much of his money is in debt and how much in equity.'Chirag Madia reports. Illustration: Uttam Ghosh/Rediff.com The Employees' Provident Fund Organisation (EPFO) on November 23 cleared a new accounting policy for its equity-linked investments. Under the policy, the 15 per cent of PF contributions parked in equities will be allotted as mutual fund units to all the subscribers. These units can be redeemed by subscribers when they exit or withdraw the ...
 Rediff.com5 days ago
Rediff.com

Fortis Hospital offered money to end protest: Dad of girl who died of dengue

The father of a seven-year-old girl, who died of dengue in Gurugram’s Fortis Hospital a fortnight back, alleged the hospital offered him Rs 35,37,889 to ensure that he stops his campaign against them. Jayant Singh said, “Senior members of Fortis met me and offered me a cheque worth Rs 10,37,889 refunding the entire amount. They also said they will be offering me Rs 25 lakh in cash, saying I will have to sign and enter into a legal agreement assuring to stop my social media campaign, ...
 Rediff.com5 days ago 'Fortis offered me Rs 25 lakh to stop action against them'  Rediff.com5 days ago
Rediff.com

Mallya's extradition trial begins in UK court

The extradition trial of Vijay Mallya, wanted in India on charges of Rs 9,000 crore fraud and money laundering, began on Monday at a United Kingdom court, with the embattled liquor baron rejecting the charges as “false, fabricated and baseless”. The trial, however, was briefly halted as the courtroom had to be evacuated due to a fire alarm. Mallya and others waited outside the Westminster magistrates court during the fire drill. The 61-year-old tycoon, out on a ...
 Rediff.com1 week ago
Rediff.com

Found: Doctor-medical centre nexus and Rs 100cr black money

Income Tax officials have unearthed a major multi-layered nexus between medical centres and doctors and an undisclosed income of Rs 100 crore after searches at a few IVF clinics and diagnostic centres in  Bengaluru, the department said on Saturday. It claimed doctors were being paid 'for referring medical tests'. I-T sleuths, the department said, have seized about Rs 1.4 crore in cash and about 3.5 kg of jewellery and bullion during its three-day action against two in-vitro fertilisation ...
 Rediff.com1 week ago

Got your first salary? 10 wise money tips for you

Many youngsters take financial discipline as putting restriction on their freedom. That's a myth. You can very well enjoy as well as save and grow your money at the same time. Salil Dhawan shows you how Illustration: Dominic Xavier/Rediff.com Congratulations, in case you are one among those who have recently got their first paycheck. Waiting for that all elusive message (Your salary has been credited…) beep on the day you expect your first salary to be credited is always one the most ...
 Rediff.com1 week ago
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