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SEBI makes direct mutual fund plans default, pushes transparency on costs and commissions

New Delhi, Oct. 29 -- Capital markets regulator SEBI has directed all mutual fund houses to make the 'direct' plan the default option for investments made through their websites from November 1. Inve... Read More


Patented, single source cancer drug prices remain unchanged under 30% margin cap, NPPA data shows

New Delhi, Oct. 29 -- Prices of almost all single-source cancer drug entries on the government's revised price list remain unchanged despite the Centre's decision to cap trade margins at 30 per cent, ... Read More


13 of 19 sub-services sector clocked double digit growth in August

New Delhi, Oct. 29 -- Retail trading, real estate and repair performed well in August, a service index released by the Statistics Ministry showed.These three are among 13 out ofthe 19 service sub-sect... Read More


Gift Nifty indicates negative opening for Indian stocks

New Delhi, Oct. 29 -- Indian stock markets are likely to open on a negative note on Thursday, despite US Federal Reserve holding the rates steady overnight. Gift Nifty at 22,660 signals a gap down ope... Read More


LANXESS, BPCL partner for advanced industrial lubricants

New Delhi, Oct. 29 -- LANXESS, a speciality chemicals company and Bharat Petroleum Corporation, a leading integrated energy company, have entered into a Memorandum of Understanding to explore opportun... Read More


SC 'shocked' at why people still fall for digital arrest scams

New Delhi, Oct. 29 -- The Supreme Court on Thursday expressed "frustration" at digital arrest scamsters siphoning off crores from the national economy annually, questioning how educated people remain ... Read More


Buzzing stocks: TVS Motor, Fortis Healthcare, Dr Reddy's, Bajaj Electricals, Titagarh, Zaggle, Awfis, HD Fire, KIMS, Shalby

New Delhi, Oct. 29 -- The board of TVS Motor Company, part of TVS Venu, on Wednesday approved a demerger of its consumer finance and related businesses into a separate company. Shareholders of TVS Mot... Read More


Noel Tata retires from Trent, to step down from other key group companies on Nov 12

New Delhi, Oct. 29 -- Noel Tata has retired as the chairman of Trent Limited and will step down from the boards of five other key companies as he turns 70 on November 12. The retirement will be in li... Read More


This Diwali, pricey dry fruits could usher in different mix in gift boxes

New Delhi, Oct. 29 -- This Diwali, the dry fruit pack that you are likely to receive from your friends or relatives could be different. It could have more cashews, raisins and makhanas, with pistachio... Read More


Bharat RE Summit to explore financing mechanisms, bridge funding gap: MNRE Secretary

New Delhi, Oct. 29 -- The Bharat Renewable Energy Summit & Expo (BRESE) is an effort by the government to leverage the global community in exploring critical questions in the clean energy space su... Read More