India Business

BHEL Pays Rs 298 Cr Interim Dividend To Govt; To Achieve Rs 45,000 Cr Mark By 2012

The power equipment supplier BHEL announced that it has paid Rs 298 BHELcrore to the government as an i

Tea Board of India signs pact with NSE arm for e-auctioning of tea

HTC Ties Up With RCom; Rolls Out ‘HTC P3000’ and ‘HTC S720’ In India

In order to endorse next generation CDMA devices in the Indian market,

Tech Mahindra Enters 5-Year Application Support Deal With BT Group

Tech Mahindra, provider of solutions and services to the telecom industry Tech Mahindrahas si

DSP Merrill unveils “Fixed Maturity Plan 12 ½ Month Series-1” mutual fund

One of India’s leading mutual funds, DSP Merrill Lynch Mutual Fund has launched a fund “DSP Merrill Lynch Fixed Maturity Plan” (12 ½ Months Series 1) in India market.

The newly launched fund will be a close-ended income schemes, with maturity profile of 12½ months.

The primary investment objective of the schemes is to seek capital appreciation by investing in a portfolio of debt and money market securities.

It is envisaged that the portfolio will display a maturity profile that is generally in line with the Term of the scheme. Both funds will invest can invest up to 100% in debt instruments and up to 100% in money market.

Indiabulls arm bags a contract to develop “1600 MW Bhaiyathan Power Project”

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