Entry load on equity MFs to go Mutual fund (MF) investors will not have to pay entry load if they invest directly with fund houses instead of routing the investment through brokers or distributors, according to a Sebi proposal listed on its official website on Wednesday.
Matsushita at fault, says Nokia on batteries recall Facing the wrath from customers over the faulty batteries, Nokia, on Thursday, pinned the blame squarely on the Japanese battery maker Matsushita for supplying the component, while assuring it would take action after investigating the issue.
Holcim makes 20% open offer for Ambuja Cements Swiss cement maker Holcim has made an open offer to buy 20 per cent in Ambuja Cements for over Rs 4,720 crore, pursuant to the acquisition of a 3.9 per cent stake in the domestic firm.
Finance Ministry issues master circulars for service tax These circulars intend to meet the demand of trade and industry to make available all clarifications relating to service tax at one place in a simple and comprehensive manner, according to a Finance Ministry statement.
Wall Street set to face shrinking bonuses The credit-market freeze thats paralysing leveraged buyouts, mergers and myriad computer-driven trading strategies may cut Wall Street bonuses for the first time in five years.
Nokia Corporation CEO Olli-Pekka Kallasvuo (left) with Nokia Country General Manager D Shiva Kumar and Nokia APAC Senior Vice President Upro Karjal Ainen at a press conference, in New Delhi, on Thursday. PTI
Are the Left parties justified in stalling the Indo-US nuclear deal after it was “signed and sealed,” as claimed by Prime Minister Manmohan Singh? What is the possible way out of the political impasse?. Readers can express their opinion in 100 words.
Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday. A selection of responses will be published in Sunday’s edition.
