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Reliance Cap second auction postponed again; new date yet to be fixed

Reliance Cap second auction postponed again; new date yet to be fixed

by AIP Online Bureau | Apr 11, 2023 | Indian News, Life, Non-Life, Regulation

According to sources, the bidders who have confirmed their participation in the second round of auction are IndusInd International Holdings Ltd (IIHL) of Hinduja Group, Torrent Investment and Singapore-based Oaktree Mumbai: Lenders of debt-ridden Reliance Capital...

Russia threatens West as Turkey seeks grain deal extension

by AIP Online Bureau | Apr 10, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

While Russian food and fertilizer exports are not under sweeping Western sanctions, Moscow says restrictions on payments, logistics and insurance industries are a barrier ANKARA: Russia on Friday threatened to bypass the UN-brokered grain deal unless obstacles to its...

Mutual funds invest Rs 1.82 lakh cr in equities in FY23 on strong push from retail investors

by AIP Online Bureau | Apr 10, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The Indian retail investors have warmed up to equity mutual funds and in fact, these have become their preferred investment option in volatile times. SIPs (Systematic Investment Plans) continue to be a popular investment method among retail investors Mumbai: Mutual...

Maha: Lightning bolts, drowning claim 14 lives in 48 hours

by AIP Online Bureau | Apr 10, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News

In the worst single tragedy, seven persons were killed in Akola’s Parasgaon village late on Sunday where a lightning bolt felled a 150-year-old neem tree on a tin shed at the Babuji Maharaj Sansthan ashram Many districts have suffered massive agriculture damage...

Post office savings schemes compete with bank FDs after 3 hikes in rates by govt

by AIP Online Bureau | Apr 9, 2023 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

The return on post office term deposits of two years under the small savings schemes is 6.9 per cent, the same as offered by most banks on deposits of similar maturity New Delhi: Post office term deposits, which were fetching lesser returns than bank FDs in the recent...
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