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REDIFF - PERSONAL FINANCE
7 common investing mistakes you MUST avoid
Here's a list of the seven common investing mistakes that you should avoid at any cost.
China emerges as fifth largest global investor
China which recently emerged as the world's second largest economy has now become the fifth biggest global investor even as Foreign Direct Investment into the country is set to cross $100 billion this year.
Trustees' decision final on PF investments
There are differences between the ministries of labour and finance on the issue.
'SIP is best option for small investors'
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, outlines an equity market strategy for retail investors.
US power major to invest in Bihar
Bringing good news to power crisis-plagued Bihar after majority of thermal power units fell on the Jharkhand side after the bifurcation in November 2000, US energy major AES Corporation has evinced interest in setting up a thermal power plant in the state.
Tax incentives for biz to be investment-linked
Apart from developers of special economic zones and units operating out of them, the proposal will also affect companies in power, infrastructure, food processing, hotel and hospital sectors, among others.
ULIPs to become investor-friendly from Sept 1
Insurance regulator IRDA's new guidelines protecting unit-linked insurance product holders from mis-selling by dealers and onerous commissions will come into effect from Wednesday and are likely to make the equity-linked instruments more investor-friendly.
DTC to impact jobs, investment in SEZs
Expressing serious concerns over the DTC Bill, SEZ entrepreneurs on Tuesday said the proposed tax provisions would hit employment and drive away investors from the special economic zones.
Rio Tinto to invest for diamond exploration in MP
British mining major Rio Tinto will be investing Rs 370 crore (rs 3.7 billion), for exploration and mining of diamonds in Madhya Pradesh's Bunder town, over the next three years, a senior State Government official on Monday said.
Income tax deductions that you must not miss
Knowledge of the income tax laws is indispensable. There may be tax deductions available that you may not be aware of.
New tax code: Hardly any savings for the salaried
Let's take a quick look at how the salaried class will be affected post the implementation of the New Direct Taxes Code in its latest avatar.
Global realty investment set to top $300 billion
Reflecting improved investor confidence, investment in commercial real estate globally is expected to witness a "healthy" growth of 40-50 per cent to $300 billion in the current year, says a report.
How to protect your investments from asset bubbles
An asset bubble occurs when the prices of assets are over-inflated due to an excess of demand.
Piaggio to invest 30 mn euro in India
Italian automaker Piaggio on Thursday said it will invest 30 million euro in India to set up a scooter facility in Baramati, Maharashtra, to re-introduce the iconic Vespa scooter by early 2012.
TVS Motor to invest Rs 200 cr for expansion
Motorcycle maker TVS Motor Company on Thursday said it will invest Rs 200 crore (Rs 2 billion) by April next year to increase its production capacity to 28 lakh units.
REDIFF - TOP INTERVIEWS
'A change in tax will make Heathrow uncompetitive'
In a freewheeling chat with Sneha Kupekar, the Irishman says the company will lobby against any change in the departure tax and believes Emirates must be looking at its new codeshare with Kingfisher with envy.
Why this MP rejected the salary hike
'I could not get myself to accept a 300 per cent salary hike when armed forces veterans are forced to take to streets demanding equitable treatment for their pension,' says Rajya Sabha MP Rajeev Chandrashekhar.
Oberoi group welcomes Reliance's interest in EIH
Prithvi Raj Singh Oberoi, chairman of the Oberoi group of hotels, says many people had approached him for picking up stake in EIH, but their investment objectives were not compatible with the company's.
'SIP is best option for small investors'
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, outlines an equity market strategy for retail investors.
All of us are very committed to Infosys: Kris
nfosys Managing Director and CEO S (Kris) Gopalakrishnan speaks about the company to Business Standard.
'India will be among the top three markets'
For Steve Bertamini, group executive director and chief executive officer, global consumer banking at Standard Chartered, India is one of the most important markets.
'Teaching Sanskrit through Internet is fun'
India Abroad's Ajit Jain finds out how the Sheridan College computer science professor became passionate about teaching Sanskrit.
Our fundamentals are very strong: Morgan Stanley
India Investment Banking chairman V K Bansal spoke to Abhineet Kumar on various issues related to equity capital markets
'EVM activist Hari Prasad is a hero, not a thief'
The arrest of Hariprasad has come as a major set back for all those activists who are on a mission to prove that the Electronic Voting Machine can be tampered with. Hari Prasad, the technical coordinator of VeTA (Citizens for Verifiability, Transparency and Accountability in Elections), was arrested from Hyderabad on Saturday in connection with the theft of an EVM from Mumbai.
'We have to work on delivering excellent quality'
Soon after Carl-Peter Foster, former head of General Motors Europe, joined the 65-year-old Tata Motors, he asked for 100 days to come to grips with his job.
Microsoft unfazed by competition from Google
'Good for us, bad for them'. That's what Microsoft's Chief Information Officer, Tony Scott, has to say to competitors like and Google.
'The illiterate farmer becoming thing of the past'
Professor Anirudh Krishna explains the many changes he has discovered in India after meeting families in 175 villages.
'We may look at an India-focused fund'
In a chat with Business Standard, Blackstone India chairman and managing director Akhil Gupta says the PE player is eyeing investment opportunities in infrastructure and personal consumption-driven sectors and may raise an India-focused fund.
Exclusive: Kashmir's most wanted woman speaks out!
Asiya Andrabi, the woman separatist leader who is on the Kashmir police's most wanted list, speaks to Rediff.com's Krishnakumar Padmanabhan in an exclusive interview.
NIA, IB plotting to finish me off, says Madani
Abdul Nasser Madani, chairman of the Peoples Democratic Party, who is facing an imminent arrest in the 2008 Bengaluru blast case claimed that the National Investigating Agency (NIA) and the Intelligence Bureau (IB) have hatched a conspiracy to finish him off politically. Madani spoke to rediff.com's Arun Lakshman from Anwarassery,in Kerala's Kollam district on Wednesday.
Pietersen fined for Twitter outburst
Kevin Pietersen was fined on Monday following his online outburst after being dropped by England for the first time in his career. 'He has been fined an undisclosed sum in accordance with the terms and conditions of his England Central Contract,' the England and Wales Cricket Board (ECB) said in a statement.
Fixing menace can be curbed by educating youngsters: Whatmore
Sri Lanka's World Cup-winning coach Dav Whatmore says the 'fixing' menace can be curbed by proper education of youngsters. The former Sri Lanka and Bangladesh coach, who took charge of the junior Bengal cricket team on Monday, said: 'We need to educate the younger lot about this (fixing). There is a 'minority few' who are involved in this. I am sure we can reduce this, even if it's not totally eradicated.'
ICC happy with pitch improvement efforts at Kotla
ICC's chief pitch consultant Andy Atkinson on Monday expressed satisfaction over the efforts being made to improve the Ferozeshah Kotla pitch, which was banned for one year from hosting international matches after the abandoned India-Sri Lanka game last year.
Fresh photos of Pak players with Majeed emerge in Aus daily
Suspicions that the Australia-Pakistan Sydney Test could have been fixed, is bound to get stronger with a newspaper in Melbourne splashing a picture of some Pakistani cricketers with alleged bookie Mazhar Majeed, who is at the center of a spot-fixing scandal that has rocked the game.
Income of Pakistan cricketers to be probed
Moved by the recent spot-fixing scandal which has engulfed Pakistan cricket, the country's Federal Board of Revenue (FBR) has instructed its regional offices to accumulate details of the assets of the players who have represented the country over the last five years.
MVP: It's no surprise as Sehwag leads the pack
It was no surprise that Virender Sehwag emerged as the most valuable player (MVP) of the Sri Lanka Triangular series recently concluded in Dambulla (featuring India, New Zealand and Sri Lanka).
Sumathipala denies betting on IPL
Former chairman of the Sri Lankan cricket board T Sumathipala on Monday rejected Arjuna Ranatunga's allegations that he was involved in placing bets on Indian Premier League matches and threatened to sue the World Cup winning ex-captain.
After KP, Mascarenhas involved in Twitter rant against ECB
After Kevin Pietersen's rant on Twitter, another England player Dimitri Mascarenhas is being investigated by the English Cricket Board (ECB) for reportedly posting two tweets blasting ECB chief selector Geoff Miller.
ICC never deals with corruption properly: Boycott
Former England cricket captain Geoffrey Boycott on Monday said the ICC has never dealt with corruption cases involving Pakistan properly and the body should hand over the latest spot-fixing scandal to ex-players such as him if it cannot punish the implicated players hard enough.
Pak cricket has suffered the greatest setback: Imran Khan
Former Pakistan captain Imran Khan reckons that the latest revelations in the £150,000 'spot-fixing' scandal would further damage cricket in the country.
Amir's age should be a factor in spot-fixing probe: Lorgat
Pakistan pace sensation Mohammad Aamir's tender age of 18 may help him escape stringent punishment such as a life ban in case he is found guilty of spot-fixing allegations, ICC's CEO Haroon Lorgat has hinted.
Pakistan will continue to play even if players are guilty: ICC
If involement of any player in spot-fixing is established, they will be banned but Pakistan as a cricket team will not be punished, the International Cricket Council has said.
Hameed says he was offered money, blackmailed
Yasir Hameed, who has made damning revelations about match fixing involving Pakistan cricket players, on Sunday said that he was offered money and even blackmailed to stand by the remarks attributed to him.
Betting market deal a part of business: Taylor
Former Australian captain Mark Taylor has defended the practice of advertising fluctuations in the betting market during Channel Nine broadcasts as "business".
Lifetime ban for tainted cricketers, if found guilty
Pakistan High Commissioner to Britain Wajid Shamsul Hasan has suggested lifetime ban from cricket for the three Pakistani cricketers accused of spot-fixing, if found guilty.
ICC to give Pak players a chance to present their case
International Cricket Council (ICC) President Sharad Pawar clarified on Sunday that the three tainted Pakistani cricketers had not been punished by the world cricket body for their alleged involvement in spot-fixing and they would get a chance to present their case.
Pakistan lose to England in first T20
World Twenty20 champions England celebrated their first international since winning the World Cup in Barbados this year with a five-wicket win over controversy-hit Pakistan on Sunday.
Match-fixing won't happen in Indian cricket: Dhoni
India captain Mahendra Singh Dhoni on Sunday said that cricket has been brought to "disrepute" by the 'spot-fixing' scandal and the guilty should be handed harsh punishment as such incidents tend to also paint other players in bad light.
I will slap any bookie who approaches me: Harbhajan
India off-spinner Harbhajan Singh on Sunday said he has never been approached by a bookie in his career and would slap anybody who dares to approach him to fix games.
Spot-fixing scandal: ICC writes to Akmal
Scotland Yard might not have called him for questioning but Pakistani wicketkeeper Kamran Akmal remains under the International Cricket Council's scanner with cricket's world governing body reportedly writing to him in the wake of the 'spot-fixing' scandal.
Pakistan High Commission summons Hameed
Yasir Hameed, who made damning revelations about match fixing involving the Pakistan team, was on Sunday summoned to the country's High Commission in London.
I-T sleuths track money flow into betting syndicates
As 'spot-fixing' charges haunt Pakistani cricketers, Indian sleuths probing alleged tax evasion in the multi-million IPL are now tracking trail of crores of rupees being pumped into betting syndicates in the country.
PCB ridden with nepotism, sycophancy: Pybus
Former coach Richard Pybus said Pakistan cricket officialdom is ridden with "nepotism and sycophancy" while the team is always faction ridden and the only way to pull that country out of the rut is to appoint professional and accountable administrators.
'Pakistan player hid mobile in his helmet'
A former Pakistan Test cricketer alleged that a national player had hidden a mobile phone inside the right earpiece of his helmet while waiting to bat during an international match.
Majeed couldn't trap Afridi in his 'fixing' net
London-based bookie Mazhar Majeed claims to have almost the entire Pakistan cricket team in his pocket but the one man the alleged match-fixer could never get a hold on is the temperamental Shahid Afridi.
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