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June 21, 2012 1:18 PM

SEBI to question top officials of fund houses for non- performance

Capital market regulator, SEBI, today said it will question top officials of fund houses about non- performance of mutual fund schemes and probe their non-compliance with the stated investment objectives.Concerned over the non-performance of some schemes over a long period of time, Securities and Ex...

June 21, 2012 1:02 PM

HC to pronounce orders on Yeddyurappa’s bail plea this noon

In Karnataka, the orders on the anticipatory bail plea of former Chief Minister B S Yeddyurappa and his kin in the illegal mining case is listed in Karnataka High court to be taken up this afternoon. The order which was supposed to be pronounced yesterday was defered by the Judge and posted for toda...

June 21, 2012 12:57 PM

Indian Railways to carry forward Clean India campaign

Indian Railways will carry forward the 'Clean India' campaign with special messages on keeping its premises clean on 130 lakh train tickets and coaches. Besides the messages in English and regional languages on the tickets, the exterior and interior of coaches of a few long-distance trains...

June 21, 2012 12:35 PM

DU colleges now preparing for ECA trials

With the application process for admissions to undergraduate courses in Delhi University, DU, closing on Monday, colleges are now preparing for extra-curricular activities trials or ECA trials. Majority of colleges are likely to start their trials from 29th of this month. The trials will continue ti...

June 21, 2012 12:29 PM

RBI permits non-banking entities to set up ATM's

The Reserve Bank of India, RBI has allowed non-bank entities with a minimum networth of 100 crore rupees to set up, own and operate money dispensing machines on behalf of banks. The Central bank in a notification said the automatic teller machines, ATMs operated by non-banking entities will be known...

June 21, 2012 12:23 PM

Seeds available in adequate quantities for current Kharif Season

Good quality seeds are available in adequate quantities in the country for the current Kharif Season. An official release said that for the present Kharif season 141.8 lakh quintals of quality seeds of major crops is available which is about 12 lakh quintals more than the projected requirement of mo...

June 21, 2012 9:09 AM

Govt exempts 14 more services from payment of Service Tax

The government has announced that 14 more services will be exempted from payment of service tax by including them in the negative list. The order will come into effect from July 1.With the inclusion of 14 items, the total number of services in the negative list will go up to 38. All other services w...

June 20, 2012 9:37 PM

Deadline for switchover to DAS for TV in metros extended to Oct 31

The Ministry of Information and Broadcasting has decided to modify the 30th of June deadline for a complete switch over of the existing analogue Cable TV networks to Digital Addressable System (DAS) to 31st October 2012 for all four Metros- Delhi, Mumbai, Chennai and Kolkata. In an official statemen...

June 20, 2012 9:21 PM

RBI asks RRBs to ensure opening of Aadhaar-enabled banks accounts

The Reserve Bank, RBI on Wednesday directed Regional Rural Banks -RRBs to ensure opening of Aadhaar-enabled banks accounts for beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Act- MGNREGA and other social security schemes, for facilitating electronic transfers. The direction ...

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