EPFO to pay 8.5% interest for FY20 in two instalments, cites Covid impact
The Employees’ Provident Fund Organsation (EPFO) decided on Wednesday to credit interest rate to formal sector workers for 2019-20 in a staggered manner, citing the coronavirus pandemic’s impact on its income. The EPFO will credit 8.15 per cent to its subscribers for 2019-20 for now: significantly lower than 8.5 per cent it had decided upon in March. Read More...
Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more
The Rs 7,500-crore investment by private equity (PE) firm Silver Lake in Reliance Retail and