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NPS annual fee may come down by Rs 70
The annual maintenance charges for subscribers of the New Pension System (NPS) may come down by Rs 70 from April. National Securities Depository (NSDL), the record-keeper for NPS, expects over one million people to join the scheme in the next six months, leading to a reduction in the account maintenance fees from Rs 350 to Rs 280.

Shoppers Stop gets shareholders nod for QIP issue
Garment and apparel retail chain Shoppers Stop today said it has obtained shareholders approval to issue 40 lakh shares by way of qualified institutional placement to garner resources for its expansion plans.

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Industry makes fresh appeal to reduce sugar's weight in WPI
The Indian sugar industry, which is reaping the fruits of better prices, has made a fresh appeal to the Centre to reduce the present weight of 3.62 of the commodity in the wholesale price index (WPI).
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FIIs net buy Rs 300 cr in F&O

The Foreign Institutional Investors (FIIs) were net buyers of Rs 300.84 crore in futures and options segment on Monday. - Nifty has strong support at 5,000 level - FIIs net buyers of Rs 963 cr in cash mkt today - Staying above 5,000 difficult - FIIs net sellers Rs 1,612 cr in F&O on Friday - DIIs net buy Rs 87cr, FIIs net sell Rs 44cr - FIIs net sell Rs 308 cr in F&O According to the data released by the NSE, FIIs were net buyers of index futures to the tune of Rs 492.76 crore, while they sold index options worth Rs 183.41 crore. They were net sellers of stock futures to the tune of Rs 35.93 crore, while they bought stock options worth Rs 27.41 crore.


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