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'Separate index for primary, manufactured items better'
With wholesale price inflation not reflecting true picture of food prices, the government today justified the introduction of separate index numbers for primary products and manufacturing items, saying the new mechanism give better reflection of price movements.

Ban on entry load: Funds raise upfront fees, trail commissions
With entry load on all mutual funds banned from August 1, fund houses are finding different ways to pay distributors for promoting their schemes.

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Ministers for protecting NTPC's interest in gas dispute: Moily
Law Minister Veerapa Moily today said there was no differences among ministers on the issue of protecting state-run NTPC"s interest in the gas dispute between the Ambani brothers.
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Reliance Infratel files draft prospectus with Sebi

Anil Ambani group firm Reliance Communications (RCom) today said its telecom tower subsidiary Reliance Infratel has filed the draft prospectus for its initial public offer with market regulator Securities and Exchange Board of India (Sebi). "Reliance Infratel has filed its draft red herring Prospectus (DRHP) with Sebi," RCom said in a filing to the Bombay Stock Exchange.


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