PF meet today

• NEW DELHI: Retirement fund body EPFO is likely to retain an 8.65 per cent interest rate on provident fund deposits for its about five crore members for 2017-18 at its trustees' meet on Wednesday, sources said. To maintain the 8.65 per cent interest this fiscal, the EPFO had sold a portion of its investments in the exchange traded funds worth Rs 2,886 crore earlier this month. PTI

Online retail

• MUMBAI: The online retail market will see over 30 per cent growth per annum till 2021, driven by the millennials, said a report. Since 2010, the share of online retail in total retail market has grown at a rapid pace to reach 3 per cent in 2015, Deloitte noted in a report. PTI

SBI on bitcoins

• NEW DELHI: SBI Card on Tuesday cautioned customers of risks associated with bitcoin and other crypto-currencies, but did not ban use of its credit card for such investments. PTI

Eros stake

• NEW DELHI: Reliance Industries has agreed to acquire 5 per cent stake in media firm Eros International through a subsidiary for $15/share. "The deal valuation represents an 18 per cent premium to last closing price of the NYSE-listed domestic company," the companies said on Tuesday. PTI

Core trust

• MUMBAI: India Grid Trust (IndiGrid) on Tuesday acquired three transmission assets from its sponsor Sterlite Power Grid Ventures for a consideration of Rs 1,410 crore. PTI