Investment trust

The central board of trustees of the Employees’ Provident Fund Organisation (EPFO) has approved the government’s proposal to allow the retirement fund body to invest up to 5% of its annual deposits in alternative investments funds including…

By Baiju Kalesh and P R Sanjai Co., controlled by India’s largest conglomerate Tata Group, is weighing an initial public offering for its renewable energy business that could raise about 35 billion rupees ($473 million), according to…

NEW DELHI: Subscription for the IPO of the infrastructure , sponsored by the , grew gradually on the second day of the bidding process on Friday. The issue has been subscribed 18 per cent so far. Till 12 noon on Friday, the issue received…

The issue, which will open for subscription on 29 April and close on 3 May, has been priced in the band of Rs99-100 per unit.Synopsis"Investors preferring annuity like income over growth can subscribe to the issue from long term…