NAV Status of Lic Policies

October 18th, 2012

Nav status of Lic policies as on date

Nav status of Mutual funds

 




Lic nav as on date

October 17th, 2012

NAV FOR THE DATE 16.10.12

 

lic ulip plan

November 30th, 2012

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Kingfisher Licence cancelled

October 20th, 2012

The Director General of  Civil Aviation (DGCA) suspended the Scheduled Operator Permit of Kingfisher Airlines till further orders. It can’t resume operations until the DGCA is satisfied and they should have concrete plans regarding safety of operations

Fore more News please visit www.timesofindia.com




revised requirements for mutual fund distributors

October 18th, 2012

Upon expiry of the validity of the certificate possessed by an associated person, the certificate may get revalidated, provided the associated person successfully completes a programme of continuing professional education, as specified by NISM during 12 months preceding the date of expiry of the certificate, or by passing the relevant NISM Certification Examination before the expiry of the existing certificate. A candidate with a valid NISM/ AMFI certificate is required to complete the mandated 2 day NISM CPE Programme within a period of 12 months preceding the date of the expiry of the said certificate. As per the revised CPE requirements, CPE Programme can be successfully completed by a candidate by either attending the relevant CPE Programme on 2 consecutive days or with a gap. However, both the days of CPE Programme must be completed during 12 months preceding the date of expiry of the certificate. Attending only 1 day of the relevant CPE Programme during 12 months preceding the date of expiry of the certificate shall not be considered as successful completion. The certificate will be revalidated for a period of 3 years from the date of expiry of the existing certificate. The CPE Programme for Mutual Fund Distributors as per the revised requirements will be available from June 1, 2012.

To know more details please visit www.nism.ac.in




List of pharmaceutical companies

October 18th, 2012

List of Pharmaceutical companies

Pharmaceutical companies in India are not the Indian companies but also the MNCs that are becoming the part of the race. Indian pharmaceutical market in 2008 was $7,743m and if compared to year 2007 it was 4% more than that. It is expected that Indian pharmaceutical market will grow more than the global pharmaceutical market and will become $15,490 million in 2014. Today Indian pharmaceutical industry is the second most fastest growing industry displaying the revenue of Rs 25,196.48 crore and growth of 27.32 percent. Top pharmaceutical companies in India are also acquiring the small companies worldwide to further expand the market. Pharmaceutical drugs injections, tablets, capsules; syrups are the products of pharma companies in India along with many more.




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