|
|
|
JPC
to look into UTI as well |
| |
The Lok Sabha Speaker Mr GMC
Balayogi announced in the house on Friday that the Joint Parliamentary
Committee on the stock market scam, headed by Bharatiya Janata
Party member Prakash Mani Tripathi, would also go into all matters
connected with the Unit Trust of India. |
|
|
PSS,
3 others remanded to judicial custody till Aug 7 |
| |
Former Unit Trust of India
chairman PS Subramanyam, the mutual fund’s suspended executive
directors and stock broker Rakesh Mehta were on Friday remanded
to judicial custody till August 7 by a special court which rejected
their bail plea. |
|
|
Redemptions
for US-64 rise on third day |
| |
A steady rise in
the redemptions of US-64 units of the Unit Trust of India was
witnessed on Friday after the Trust offered a new plan for redemption
on Wednesday. |
|
|
Irda
likely to favour life insurers for pension funds |
| |
With the Unit Trust
of India crisis playing havoc with public confidence, the Insurance
Regulatory and Development Authority seems to have decided to
play safe on the pension funds issue. |
| |
|
