Infosys takes whistleblower complaint to audit panel



According to reports, an anonymous group that calls itself “ethical employees” have written to the Infosys Board as well as American regulator US Securities and Exchange Commission with the allegations. They have claimed that they have emails and voice recordings to substantiate the same.



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Despite mkt volatility, investors keen on equity NFOs



The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 – 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.



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Time to dump badly performing most value funds?



‘One reason why value funds have done poorly is that the Securities and Exchange Board of India’s (Sebi’s) recategorisation circular only says that the fund should follow a value investment strategy, with a minimum 65 per cent in equity and equity-related instruments but does not impose market cap-related limits,’ says Sanjay Kumar Singh.



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Why retail investors prefer FDs over T-bills, g-secs



Stockbrokers say that lack of a secondary market is the biggest reason why retail investors have stayed away from these instruments, reports Tinesh Bhasin.



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Jan-Dhan Yojana: Most customers have no clue about it



The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft facility of Rs 5,000 from banks.



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A bureaucrat's transfer



Why did the government think it was necessary to shift Subhash Garg from the finance ministry to the power ministry? More importantly, why did Garg let it be known a day after his transfer that he had sought voluntary retirement from government service, asks A K Bhattacharya.



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Bankers agree to review lending rates



Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to ‘accommodative’.



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