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New MFs to look beyond cities
Funds will have to launch products tailor-made for semi-urban, rural markets.

'You have to turn the whole system upside down...'
Bimal Jalan / New Delhi July 26, 2009, 0:03 IST

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Bajaj Hind EGM on Dec 16 for raising Rs 2,000 cr
The country"s largest sugar manufacturing firm, Bajaj Hindusthan, today said its shareholders will meet on December 16 to consider and approve raising of Rs 2,000 crore from domestic and international markets.
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Probe report against Ruchika's school by tomorrow

A report on expulsion of molestation victim Ruchika Girhotra from the Sacred Heart School here will be ready by tomorrow, an official today said. - Ruchika case: Rathore goes to court to meet his lawyer - PIL filed in High Court in Ruchika case Chandigarh Home and Education Secretary Ram Niwas told reporters that the inquiry was in its final stages and he would receive the report by tomorrow. Thereafter, it will be made public, he said. Niwas, who had entrusted the inquiry to Sub Divisional Magistrate Prerna Puri, said, "The inquiry will be fair and independent." Puri was asked to probe the allegations made by Ruchika"s father S C Girhotra against the school for expelling her in September 1990, a month after she was molested, under pressure from Haryana"s former DGP SPS Rathore. On whether the administration was under any kind of pressure from any quarter, Niwas replied in the negative. "There has been no complaint from the Minorities Commission about the school (being subjected to any kind of pressure by the administration during the probe)," Niwas said. On the delay in the preparation of the report, he said: "Since school principal (Sister Sebastina) was out of town, we could not question her. Moreover, it is a 20-year-old case so the delay of one or two days sometimes occurs." "The principal"s role in the episode is crucial because she was at the helm at that time (when Ruchika was allegedly expelled). We had to question her and get some documents from her which we have now got," he said.


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