Mutual funds net sellers of Indian equities first time in 7 years
Mutual funds (MFs) are set to be net sellers of Indian equities for the first time in the past seven financial years, having sold stocks worth about Rs 1.27 trillion so far in 2020-21 (FY21), making it the highest net sales on record in a financial year. MFs had been net buyers in the previous six financial years, including purchases of over Rs 1.41 trillion in FY18, Rs 88,152 crore in FY19, and Rs 91,814 crore in FY20.
DFI employees may get shield against ill-informed probe, prosecution The central government will exempt the proposed development finance institution (DFI) employees from what it called ‘ill-informed prosecution and investigation’, offering them protection from both the Central Bureau of Investigation (CBI) and the Enforcement Directorate. A government source said the Bill being vetted by the law ministry will also offer upfront government support, if necessary, to the institution to hedge its
Record time for breakdown | Brand new cars with problems
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Mercedes-Benz A-Class limousine Review and Test Drive Details
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Brand new Mercedes GLE300d | Oil pump failure | Unusable since 1.5 months
Ankit Agrawal shares his predicament with us! Unfortunately, Mercedes is like the Tata or Skoda of the luxury car sphere when it comes to niggles, problems & reliability. A cursory search shows many other such reports including engine failure in a new GLE, brand-new cars with issues, obscene repair costs due to a broken bolt, 4 breakdowns in 5 years and more. It is quite disappointing that Mercedes still cannot get its reliability right, 3 decades after Jürgen Schrempp almost ruined the company s reputation with a brutal cost-cutting drive.
Quote: I am from Raipur, Chhattisgarh. I bought a brand new GLE300d in December, but Mercedes India delivered a vehicle with a defective engine to me.
Ankit Agrawal shares his predicament with us! Unfortunately, Mercedes is like the "Tata" or "Skoda" of the luxury car sphere when it comes to niggles, problems & reliability. A cursory search shows many other such reports including