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Choosing well-rated funds is a sensible selection
I had invested Rs 25,000 each in HDFC Top 200, HSBC Equity, Reliance Growth and Magnum Taxgain in April 2009. At the time of investment, all these funds were 5-star rated, but now I notice their ratings have come down to 4-star. Have I chosen the correct funds? And, should I remain invested or withdraw? Also, please guide me where I should invest Rs 2-3 lakh for a period of around three years.

Helix Tech to invest Rs 300 cr on R&D
e-Learning firm Helix Technology Solutions today said it plans to invest Rs 300 crore in phases for research and development (R&D).

News of the day

PC shipments drop 19% in Jan-Mar quarter this year
Hit by the economic slowdown and low spending by the government on the information technology sector prior to the assembly elections, the personal computer (PC) shipments in the country fell by 19 per cent during the January-March quarter this year.
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India to start building 20 km roads per day by April: Nath

Road Transport and Highways Minister Kamal Nath said here that India had increased its per-day construction of roads to 9 km and the target of developing 20 km daily would be accomplished by April.“We have reached 9 km per day of road construction and will hit our target of 20 km a day by April,” Nath, who was here to hold talks with the Malaysian government to invite them to enter the highway construction sector in India, said.Thirty-five Malaysian companies are already involved with various infrastructure projects in India.To construct 20 km of raods a day or 7,000 km a year, there had to be 20,000 km of work in progress, he said. - Car insurance may come with accident cover - "India to start building 20-km roads/day by April" - Two major tax reforms to give edge to Indian businesses - Fix reasonable targets: Plan Comm to road ministry - Letters: Ridden with roadblocks">Letters: Ridden with roadblocks - Highways development back on track in 2009 The minister said, between November 2009 and June 2010, contracts worth $20 billion would have been awarded. Referring to land acquisition, he noted that states would also need to address the issue. Nath stressed that mega infrastructure projects would not be awarded to small companies. “Medium-sized companies should take more jobs and aspire to become bigger. If small companies take big projects, I may not have the roads,” he said, adding such companies might not even be able to get finances. “We don’t want companies to take more than they can chew. We also don’t want hoarding of contracts,” he added. The minister said there were enormous opportunities for Malaysia to take up infrastructure projects in India. “Economic engagement is very important with East Asia, intra East Asia,” he said, adding that the hub of economic activity was in East Asia.“We attach great importance to this attachment,” Nath added.The National Highways Authority of India (NHAI) is developing 5,985 km of roads at present, with the work on the Golden Quadrilateral — a road that connects four metro cities of India — 98.23 per cent complete.


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