Tag Archives: Fund?

Employee Provident Fund: Left job? Want to keep contributing to EPF? Read this

Employee Provident Fund (EPF) contribution rules: You can’t contribute after leaving job. Representational Image/Pixabay Employee Provident Fund (EPF) contribution rules: If you have left service, you cannot contribute to EPF anymore. As per rules, any contribution to the EPF by an employee must be matched by the contribution of the employer. The EPFO rules say, “In the absence of wages and ... Read More »

Bernie Sanders endorses a targeted advertising tax to fund local journalism

On Tuesday morning, Sen. Bernie Sanders (I-VT) unveiled a comprehensive plan to protect journalism, including revamped antitrust action against Facebook and Google and new collective bargaining powers for media companies. But Sanders also calls for a more ambitious idea that has been floating around left-wing policy circles all year: a tax on targeted advertising that would funnel money directly from ... Read More »

Nabard floats Rs 700 Cr venture capital fund for agri, rural startups

The National Bank for Agriculture and Rural Development (NABARD) has announced a Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. Nabard has been contributing to other funds till now, and this is the first time that the rural development bank has launched a fund of its own. The fund has been launched by Nabventures, a ... Read More »

RBS tops up small business support fund, downplays Brexit effectRBS tops up small business support fund, downplays Brexit effect

LONDON (Reuters) – British state-controlled lender the Royal Bank of Scotland has doubled its funding pot to support small businesses to 6 billion pounds ($7.8 billion), but says the extra cash is no longer primarily for Brexit-proofing businesses. NatWest, the biggest trading arm of RBS, said it had topped up its so-called Growth Fund in response to high demand from ... Read More »

Axis Bluechip Fund bests rivals by staying clear of momentum stocks, mid-caps

Axis Asset Management Co manages around $12 billion in assets. Photo: Bloomberg Sticking with financial stocks and not chasing returns has helped Axis Asset Management Co. to ride the wave of volatility in Indian markets that has hammered many of its competitors. The Axis Bluechip Fund is up 25% over the past year, beating nine index funds and 35 other ... Read More »

Hedge Fund Seeks Spinoff of BHP Billiton’s U.S. Oil Business

Paul E. Singer, founder of the hedge fund Elliott Management, in 2012. CreditSteve Marcus/Reuters With an ever-growing war chest — now some $33 billion — the hedge fund Elliott Management has chosen to take on bigger and more complex targets for its brand of shareholder activism. Now, Elliott has set its sights on reshaping the mining colossus BHP Billiton, proposing ... Read More »

RInfra Fund Files Draft Red Herring Prospectus To Raise Rs. 3,000 Crore

Mumbai: Reliance Infrastructure (RInfra) said on Friday that it has filed initial papers with the Securities and Exchange Board of India (Sebi) to raise Rs. 3,000 crore through a draft red herring prospectus (DRHP). “The Reliance Infrastructure InvIT Fund (RInfra InvIT), has filed the DRHP with the Securities and Exchange Board of India and the issue size is Rs. 3,000 ... Read More »

Motorola Partners Indiegogo to Help Developers Fund Their Moto Mods Ideas

  Motorola has shown its faith in Moto Mods and consistently showcased the utilities that they bring along to the smartphones. Even though LG G5’s modular concept was not able to live up to users’ expectations, Lenovo’s implementation has received a rather warm response from customers. Now, Lenovo has tied up with Indiegogo to help developers raise funds for their ... Read More »

Opinion: How Will The Budget Impact Your Provident Fund? – By Manoj Nagpal

Finance Minister Arun Jaitley in his third Budget proposed substantive changes to the Employee Provident Fund. In fact, changes to provident fund started even before the Budget. It’s important to know how these changes will affect your provident fund and whether you need to take any specific action. There is a lot of confusion around the proposed changes, but the ... Read More »