Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO).......
Taxation has played spoilsport despite double digit returns, points out Tinesh Bhasin.Illustration: Dominic Xavier/Rediff.com To bring the National Pension Scheme (NPS) on par with the Employees......
PFRDA likely to make it 50% and allow employees to pick private fund managers Government employees might soon be given a choice to invest as much as half their contribution towards pension......
Tightening its norms for the private sector New Pension System, the Pension Fund Regulatory and Development Authority has disallowed fresh investments in equity mutual funds and ETFs from the......
Fund managers queued up to grab a pie of the new pension scheme that opens for subscription on May 1. But even before the scheme is launched, they are complaining of it being a loss-making business......