To get EPFO funds, listed firms need at least Rs 5000 crore m-cap

NEW DELHI: To get EPFO funds, listed companies would need to have a minimum market capitalisation of Rs 5,000 crore, even as the retirement fund body will invest only the exchange traded funds (ETF) in the current financial year. According to the new investment pattern notified for investing incremental deposits of EPFO, investment would be in "shares of body corporates listed on Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) which have market capitalisation of not less than Rs 5,000 Read more [...]

Fame and Power, Holy Boss Win Listed Stakes

Juddmonte Farms' Fame and Power was allowed to set an uncontested but honest pace and wasn't threatened en route to a quality score in the $100,000 Sir Barton Stakes for 3-year-May 16 at Pimlico Race Course (VIDEO). Later on the card, Jerry Durant's Holy Boss took the $100,00 Chick Lang Stakes for 3-year-old sprinters with a good move from third to first. With Martin Garcia riding for trainer Bob Baffert in the Sir Barton, Fame and Power set the tone for what became nothing more than a chase-around. Read more [...]

Telescope zooms clear of Newbury rivals

Telescope (right) puts daylight back to his rivals in the Al Rayyan Stakes   PICTURE: Getty Images   Report: Newbury, Saturday Al Rayyan Stakes (Registered As The Aston Park) (Listed) 1m4f, 4yo+ ALL eyes were on Telescope and the 8-13 favourite duly delivered in the style of a Group horse tackling inferior opposition as he romped to a six-length victory. Chinned close home on his seasonal comeback at Newmarket two weeks ago, Telescope gained a confidence-boosting success on his first Read more [...]

Bury release Jim McNulty and Nicky Adams is transfer-listed

Former Bury captain Jim McNulty is among the departures after the League One new boys announced their retained list. Pablo Mills and Joe Thompson have also been released while midfielder Nicky Adams has been made available for transfer. Chris Sedgwick had already announced he was retiring after Bury clinched automatic promotion on the final day of the season. Top scorer Danny Nardiello and second-choice goalkeeper Rob Lainton have been offered new deals. McNulty, 30, had begun last season Read more [...]

How to get your product listed by a big retailer

Getting into a supermarket or department store can transform your business from a cottage industry into a global brand. But the process isn't always straightforward. Getting in front of a buyer can be a really difficult challenge and when you do, what should you say? Here's some points from entrepreneurs who have been there, done that. Start off small If you've got a seriously desirable and well-polished product then there's no harm in hitting up the big name buyers right from the get-go, but there Read more [...]

Businessmen worth combined total of £415 million listed in top 51 wealthiest …

Nadir Lalani, Daventry-based founder and chief executive officer of discount retailer 99p Stores Two entrepreneurs with Northampton-based businesses and with a combined net worth of £415 million have featured in the list of the 51 wealthiest Asians in the Midlands. The report, released later on Friday, shows Anil Aggarwal, of Barkers Shoes, and Nadir Lalani, of 99p Stores, both perform strongly.A spokeswoman for Read more [...]

Danske Bank and Belfast Telegraph object to headquarters listing plans

Danske Bank's building on Donegall Square was constructed in 1972 Danske Bank and the Belfast Telegraph are objecting to plans to have their Belfast headquarters buildings listed.The Northern Ireland Environment Agency (NIEA) is considering giving both buildings a B listing which recognises them as having local importance or being good examples of a period style.Danske Bank said the move would impose "unnecessary constraints" Read more [...]

Australia lobbies Unesco to stop it from listing Great Barrier Reef as ‘in danger’

The Australian government is undertaking frantic diplomatic efforts to avoid the Great Barrier Reef being listed as “in danger” by the UN, amid rising international concern over the opening up of a vast region in the state of Queensland for gigantic new coal mines. A draft decision on the reef’s status is expected to be delivered by the end of this month ahead of a meeting of Unesco’s world heritage committee in Bonn, Germany in June. Unesco has already expressed its concern over erosion Read more [...]