Briefly Business: EPFO trustees may decide rates on PF deposits on Jan 15

EPFO trustees may decide rates on PF deposits on Jan 15

New Delhi: Retirement fund body EPFO's apex decision making body Central Board of Trustees (CBT) is likely to decide rate of interest on PF deposits for 2012-13 in its meeting scheduled on January 15. "Employees' Provident Fund Organisation's (EPFO) trustee may consider the proposal for deciding the rate of interest on PF deposits in its meeting on January 15," a source said.

Muthoottu opens branches in Delhi

New Delhi: Muthoottu Mini Financiers, a non banking finance company, is planning to expand its presence in New Delhi and has announced opening seven branches in the Capital in the first phase, and will take it up to 22 in the second phase.

Growth to improve in H2: Montek

New Delhi: The government is doing a lot to push growth but the impact of its efforts will be felt in the second half of the fiscal when the expansion rate will show some improvement, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Thursday.

MCX-SX gets Sebi's nod for go live

Mumbai: Moving closure to the launch of the country's newest stock exchange platform, MCX-SX has got the 'commencement certificate' from market regulator Sebi to go live with its trading operations as a full-fledged bourse.

ICE to acquire NYSE Euronext for $8.2 bn

New York: IntercontinentalExchange (ICE), operator of regulated futures exchanges, will buy NYSE Euronext, the parent of the New York Stock Exchnage in an $8.2 billion deal that will end the independence of the 220-year-old Wall Street icon.

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