Finance

Finance

UTI-SPrEAD Fund declares dividend of 6%

UTI-SPrEAD Fund declares tax-free dividend of 6% (Rs.0.60 per unit on face value of Rs.10/-). Pursuant to the payment of dividend, the NAV of...

UTI Mutual Fund opens a New Financial Centre at Marol

UTI Mutual Fund (UTI MF) announces the opening of a new UTI Financial Centre (UFC) at Marol (Mumbai). The new UFC will be located...

IDBI Mutual Fund Launches its First NFO – IDBI NIFTY Index Fund

NFO will enable investors to be a part of the India Growth Story IDBI Asset Management Ltd. (IDBI AMC), a  wholly-owned subsidiary...

UTI- Wealth Builder Fund-Series II declares tax-free dividend of 12%

UTI- Wealth Builder Fund-Series II declares tax-free dividend of 12% (Rs.1.20 per unit on face value of Rs.10/-). According to reports, pursuant to the...

YES BANK takes off into the Next Growth Phase

YES BANK takes off into the Next Growth Phase - Launches Version 2.0, establishes the roadmap for five years till 2015 YES BANK, India’s new...

YES BANK announces Q4FY10 and FY10 Financial Results

The Board of Directors of YES BANK Ltd. took on record the un-audited Q4FY10 and audited FY10 results at its meeting held in Mumbai...

Birla power bets big on solar power

Birla Power Solution LTD (BSPL) under the jawaharlal Nehru National Solar mission, plans to deploy 20,000 MW of solar power by the year 2022. BSPL...

SKS Microfinance plans to take over the IPO market

Asia Bizz: One of the giants of the Indian microfinance, SKS Microfinance plans to take over the IPO market through sales of equity shares...

UTI Dividend Yield Fund declares tax-free dividend of 5%

UTI Dividend Yield Fund declares tax-free dividend of 5% (Re.0.50 per unit on face value of Rs.10). Pursuant to the payment of dividend, the...

Payment of Gratuity Act – Amendments 2010

The Cabinet on Thursday approved an amendment to the Gratuity Act to raise the ceiling from Rs 3.5 lakh to Rs 10 lakh. The...