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Adani Ports to enter Sensex from June 24; Wipro to move out

 Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

Kelkar on Tata Chem board

 Vijay Kelkar, former advisor to the Union finance minister, has joined the board of Tata Chemicals Ltd as director.Vijay L Kelkar has been appointed as additional director on the board, the company......

IDFC to merge PMS with StanChart MF

 IDFC is merging its Portfolio Management Services business with the newly-acquired Standard Chartered Mutual Fund to sell MF products targeting high net worth individuals. "At present, we have......

IDF to invest Rs 250 cr in 4 core projects

 The India Development Fund, after making its first-ever investment of Rs 100 crore (Rs 1 billion) for a 15 per cent stake in GMR Energy, is close to investing another Rs 250 crore (Rs 2.5 billion)......

Star fund managers jump ship even as assets soar

 Exodus of top managers an unintended side effect of roaring MF industry Illustration: Uttam Ghosh/Rediff.com The mutual fund (MF) industry has never had it better. Assets are growing at a......

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GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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