The multi-crore scam of Anugrah Stock & Broking Pvt Ltd continues to take new turns. As per reports, the economic offenses wing of Mumbai police has put a lien on bank account of Edelweiss Custodial Services Ltd (ECSL), which was clearing house for Anugrah till a few months ago. Separately,...
  • After you have uploaded or submitted your ITR (income tax return) on the income tax e-filing portal, you get 120 days to verify your return. If you fail to verify your tax return within this stipulated time, then it is considered invalid as per current income tax laws. A return may be...
  • Appearing before a UK Court (under Rule 71) via video conference on Friday over a lawsuit brought by three state controlled Chinese banks over non repayment of loans, Anil Ambani claimed that his current expenses are being borne by wife and family and that he has even taken a loan from his...
  • Bharti AXA Life Insurance has launched a new bundled unit-linked insurance policy (ULIP) offering the benefits of insurance, savings and market-linked returns. ULIPs are similar to traditional insurance products. The difference is that the returns on the investment component of the product...
  • The Internet has made it very easy for asset management companies (AMCs) to onboard customers, handle transactions and payments and offer a suite of value-added services to its mutual fund (MF) investors.    One such service is the systematic investment plan (SIP). An SIP allows...
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