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6 qualify in initial bids to manage EPFO funds; Axis AMC out

Last Updated: Friday, January 9, 2015, 20:08

Six fund managers, including HSBC AMC, ICICI Prudential, Reliance Capital AMC and UTI AMC, have qualified in initial bids for managing EPFO funds for a three-year term beginning April 1.

EPFO to float tender for engaging new fund managers

Last Updated: Sunday, December 7, 2014, 11:06

Retirement fund body EPFO will float a tender on December 9 for appointment of new fund managers for a term of three years beginning April 1, 2015.

India's mfg sector expands at strongest pace since March: HSBC

Last Updated: Monday, February 3, 2014, 11:42

The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production - stood at 51.4 in January, up from 50.7 in December, the highest reading since March 2013.

Justin Bieber`s managers pushing star for rehab stint

Last Updated: Sunday, January 26, 2014, 12:15

Justin Bieber,arrested for DUI in Miami, Florida, has now his managers encouraging him to check into rehab .

Instinct!

Last Updated: Wednesday, December 11, 2013, 00:24

Do not take your intuition at face value while making management decisions. Take it only as an important data point, says Suresh Raina.

Dealing room networking chats under Sebi scanner

Last Updated: Sunday, December 1, 2013, 15:13

Dealing room activities of brokers, fund managers and other institutional investors have come under regulatory scanner for possible manipulations through use of web-based social networking apps and messaging platforms.

Fund managers fumble even as stocks hit record highs

Last Updated: Monday, November 25, 2013, 13:28

India's top 20 diversified equity funds, with USD 12.4 billion in assets, are up only 0.5 percent this year.

Eriksson reveals he signed deal to replace Ferguson as Manchester United manager

Last Updated: Monday, November 4, 2013, 14:50

Former England manager Sven-Goran Eriksson has claimed that he was to succeed Alex Ferguson at Manchester United in 2002 and even signed a contract.

China October HSBC flash PMI rises to 50.9 as new orders grow

Last Updated: Thursday, October 24, 2013, 08:51

The flash Markit/HSBC Purchasing Managers Index (PMI) stood at 50.9 in October, above September`s final reading of 50.2 and marking a seven-month high. Ten of 11 sub-indices rose.

MFs' exposure to bank stocks hit 4-year low of Rs 22,744 cr

Last Updated: Wednesday, October 9, 2013, 15:41

Amid continuing weakness in banking stocks, fund managers' exposure to the sector has dropped to the lowest level in four years and stood at Rs 22,744 crore at the end of August.

UK services sector records strongest quarter in 16 years

Last Updated: Thursday, October 3, 2013, 15:50

Britain's service sector posted solid growth in September, rounding off its strongest quarter in more than 16 years, helped by a recovery in the country's housing market, a survey showed on Thursday.

Ferguson reveals Abramovich lured him with Chelsea manager offer in 2003

Last Updated: Thursday, October 3, 2013, 10:44

Former Manchester United manager Alex Ferguson has revealed that Chelsea owner Roman Abramovich once used an agent to approach him for the managerial job.