UTI Mutual Fund terminates Senior Citizens’ Unit Plan

For 25 years, the erstwhile Unit Trust of India (UTI) was synonymous with security of investment. But, since 1998,
there seems to be no end to bad news for those who invested in its many fanciful schemes. On 18 February 2008, UTI Mutual Fund (UTIMF), which inherited the Senior Citizens’ Unit Plan (SCUP), will unilaterally terminate the...

Sankalp extends unconditional support to derelict drug-addicts, finds Mitali Patel

Behind the fencing of Bombay Central railway station, several ill-looking people are doing the rounds of a humble shelter erected on an open ground. A distance away, a few wretched people are sitting with their bodies wrapped in multiple layers of blankets. This place is ‘Sankalp Rehabilitation Trust’,...