Currently, mutual fund schemes are permitted to undertake transactions in equity derivatives but cannot write options or purchase instruments with embedded written options.

Shareholders feel value of their shares will go up substantially in the future following management takeover by LIC, which had increased its holding beyond 44 per cent before the open option.

Syndicate Bank has formed a team of 1,500 people meant for taking up the recovery process, in addition to special branches which took up the task

Assuming an equal division of assets post the divorce, MacKenzie could end up with a $66 billion fortune, making her the world's richest woman.

How it became India's fourth most valuable group and what it is doing to stay on top.

The report says the banking sector frauds increased sharply in 2017-18 due to a large value case -- indicating towards the major PNB fraud case involving diamond merchant Nirav Modi and his uncle Mehul Choksi -- in the jewellery sector.

Markets regulator Sebi Friday allowed mutual funds to create segregated portfolios with respect to debt and money market instruments, while ensuring fair treatment to all the unit holders.