Briefly Business:Online transfer of PF accounts in last week of August

Aug 19 2013, 01:54 IST
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SummaryRetirement fund body EPFO is set to launch online transfer of PF accounts on changing jobs.

New Delhi: Retirement fund body EPFO is set to launch online transfer of PF accounts on changing jobs by the end of this month. According to a source, the EPFO will conduct a live testing of the service from Monday whereby workers of selected firms would be allowed to file their transfer claims online. PTI

Indiabulls buys FIMI stake for R1,172 crore

MUMBAi: Indiabulls Real Estate has purchased the entire stake of US based fund, FIM Ltd, in its seven project subsidiaries for a total consideration of Rs 1,172 crore. The subsidiaries are building residential apartments in Delhi-NCR and Chennai. ENS

SBI opens 15,000th branch in Tamil Nadu

MUMBAI: Finance minister P Chidambaram inaugurated the 15,000th branch of State Bank of India at Sooranam Village, Sivaganga District, Tamil Nadu. ENS

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