The Telegraph
Friday , February 8 , 2013
Since 1st March, 1999
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Business Briefs

Equity scheme offers

Mumbai, Feb. 7: Sebi has allowed mutual funds to accept investor funds in new offers under the Rajiv Gandhi Equity Savings Scheme (RGESS) for 30 days against a 15-day subscription period in other schemes. The relaxation has been made only for mutual fund schemes under RGESS.

Boeing stand

New Delhi, Feb. 7: Boeing today said it would address the compensation claims for Dreamliners after the grounded aircraft resumed operations. The US aviation major has delivered 50 Dreamliners to eight airlines.

EPFO decision

New Delhi, Feb. 7: The Employees’ Provident Fund Organisation (EPFO) has decided to put on hold the decision to make it mandatory for new members joining the EPF scheme to provide Aadhaar number as credential for enrolment from March 1.

Portugal ties

Calcutta, Feb. 7: Portugal is seeking Indian partnership in infrastructure, waste and water management, alternative energy and tourism, Portuguese ambassador to India Jorge Roza de Oliveira said. A delegation led by the Portugal’s foreign minister is set to visit India in March.

Hotel Leela

New Delhi, Feb. 7: Captain C.P. Krishnan Nair today stepped down as the chairman of Hotel Leelaventure, which he founded in 1981. Nair, 91, will be succeeded by his eldest son Vivek Nair.