Calcutta, April 3: The Dunlop management today informed Calcutta High Court it was working hard to reopen the company as soon as possible. “The Dunlop management is very much interested in reopening the company and is holding talks with the state government in this regard,” company counsel Kalyan Banerjee said during the hearing of an appeal moved by Dunlop before a division bench of the court.
New Delhi, April 3: The mutual fund industry’s total asset base shrunk by about 5 per cent, or Rs 36,000 crore, in fiscal 2011-12. Reaching its lowest level in more than two years, the average asset under management (AUM) of the entire industry dipped to Rs 6,64,824 crore at the close of fiscal ended March 31, 2012.
New Delhi, April 3: The Reserve Bank of India today directed banks to provide the higher interest rates on Public Provident Fund (PPF) and senior citizens savings scheme (SCSS) from April 1 as announced by the government.
New Delhi, April 3: Cairn India has made an oil discovery in a Krishna Godavari basin block, the second find in the onland block. The oil discovery is in the Nagayalanka-SE-1 well in the onshore block KG-ONN-2003/1 in the KG Basin.
New Delhi, April 3: US nominee for the World Bank president’s post, Jim Yong Kim, today met finance minister Pranab Mukherjee and is believed to have sought India’s support for his candidature.
