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SC rules against SAHARA, orders to refund 24000 cr

SC & Sahara Saga: The apex Court ruled against Subrato Roy promoted Sahara group ordering two of its companies to refund Rs 24,000 Cr, along with 15% interest, to more than 2.2 crore small investors...

RGESS boost for MFs – set to become part of Rajiv Gandhi Equity Scheme

In a major boost for MF industry, Rajiv Gandhi Equity Savings Scheme (RGESS) is all set to allow investment through mutual funds to get tax benefit. There will be certain conditions attached to that. The...