$500-mn infra PE fund from UTI

UTI Asset Management Companysaid on Thursday that it has set up a $500 million (around Rs 2,500 crore) infrastructure-focused private equity fund, India Infrastructure Development Fund. The fund is......

Guidelines on infra debt funds likely

To fund infrastructure projects in the public-private-partnership model, the forthcoming Budget could lay down some broad contours on the setting up of debt funds, which will provide investment......

Budget will woo more investors into MF sector

The mutual fund players have welcomed the Budget proposals to increase the income slab for the Rajiv Gandhi Equity Savings Scheme (RGESS) and allow pension and provident funds to invest in debt......

Singh lax on Sinha's promises

The finance ministry's record in fulfilling this year's Budget promises is mediocre with nearly a third of the announcements made by former Finance Minister Yashwant Sinha on February 28, 2002,......