The Telegraph
Wednesday , September 9 , 2015

Business Briefs

EPFO plan

New Delhi, Sept. 8: In a meeting scheduled on September 16, the Employees' Provident Fund Organisation's (EPFO) trustees will consider a proposal to allow its subscribers to pledge their future PF contribution to buy low-cost houses.

Sebi move

New Delhi, Sept. 8: Ahead of the FMC merger with itself, Sebi today amended its regulations that will allow functioning of the commodities derivatives market and its brokers under the ambit of the capital market regulator.

Birla buy

Mumbai, Sept. 8: Top industrialist Kumar Mangalam Birla has bought the iconic Jatia House in the plush Malabar Hill area here for Rs 425 crore, making it the priciest property deal in the megapolis.

New Town app

Calcutta, Sept 8: Indus Net Technologies, a city-based web development company, is developing the first smart city app for New Town. The app is likely to be launched on September 17. "It is an information consumption app and will initially provide details of the nearest places of interest in New Town," CEO Abhishek Rungta told The Telegraph.


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