Cessna 172 crashes at just Northwest of the Rochester International Airport, Captain Scott Lebovitz of Owatonna and other passengers managed to escape.

A small plane crash last night leaves the plane a total loss, but all of the passengers, including a 9-year-old, making it out alive.

 Authorities say the four passengers are very lucky. The plane crashed into a field just Northwest of the Rochester International Airport; bouncing and flipping end to end before landing on its top. The plane was Cessna 172 of the Southeastern Minnesota Flying Club.

 Authorities say a call came in around 6:35 last night from the pilot of the plane.

 "I need to get ahold of the rescue group, at the approach end of the runway. The police department is on the line saying that they do have contact with those in the aircraft,” said air traffic control audio.

 "The pilot made a 911 call from the crashed airplane, uh I believe from his cell phone, so they were able to track the coordinates of the cell phone to get the location of the airplane,” said Detective Joe Rossman.

 But the conditions were less than ideal.  

“The fog was very dense at that time. We could not see, visibility was limited to 50 to 100 feet at times on the roadway,” said Steven Belau, Deputy Chief of the Rochester Fire Department.

 Because of that, sound was needed to locate the passengers. Keeping the pilot on the phone, emergency crews used their sirens and eventually their voices to pinpoint the exact location of the plane. When they arrived, all of the passengers managed to escape on their own.

 That included the pilot of the plane, 23-year-old Scott Lebovitz of Owatonna, Daniel Cronk and his 9-year-old son from Byron and Alan De Keyrel, also of Byron. De Keyrel is the owner of CWS in Rochester and former President of the Board for the Rochester Chamber of Commerce.  Two involved in the crash were transported by Gold Cross to St. Mary’s, all are now out of the hospital.

 The group used the Cessna 172 to fly to the Packers/Vikings game in Green Bay. The pilot listed on the on the plane was De Keyrel and although he had been taking flying lessons, he was not the pilot of the plane at the time of the crash.

 "We have fatal aircraft crashes in conditions like this. They were very fortunate, uh in that it was a relatively, they were coming for a landing so everything was kind of in their favor. Uh, fortunately the soil had been worked up, so that was soft, just everything was in their favor. If this was going to happen. They were very fortunate that all the circumstances were as they were,” said Belau.

 A statement sent to KAAL from De Keyrel reads: “We are very thankful that Alan and his friends all walked away from the crash with only minor scrapes and bruises. We are all very luck y and blessed and are enjoying this time as a family. Thank you for respecting our privacy.

 The FAA is investigating the crash. By using witness interviews, looking at the pilots training and checking if the plane was built properly, they hope to determine what caused it. They say it could be quite a while before we know.

MiamiHerald.com (registration) GREENSBURG, Ind. -- Two southeastern Indiana couples were killed when their plane crashedwhile approaching their small hometown airport in foggy, misty conditions, authorities said Monday. The crash Sunday night near Greensburg Municipal Airport ... See all stories on this topic »

A Fake TV Show Plane Crash Fooled the News Into Thinking It Was Real Gizmodo A girl who saw the plane crash from the ground said she thought the terrorist had came back for us! And it was a jarring sight, seeing a plane get split at the wing and land on a sleepy neighborhood street. The WGN-TV news broadcast's reaction is the ... See all stories on this topic »

Veteran pilot, 80, killed in small plane crash Sun-Sentinel Almost 60 years ago, David Flatter volunteered for Air Force flight school after learning how much better paid officers were than enlisted men. From that beginning, the Lighthouse Point resident went on to fly everything from fighter planes, bombers ... See all stories on this topic » Sun-Sentinel

Rochester: Small plane crashes; 3 suffer minor injuries Pioneer Press Investigators with the Federal Aviation Administration look through the wreckage of a single-engineplane crash Monday morning, Dec. 3, 2012, near the Rochester, Minn. airport. (Associated Press/Post-Bulletin: Ken Klotzbach). ROCHESTER, Minn. See all stories on this topic »

Pilot killed in small plane crash in Pahokee identified WPBF West Palm Beach Flatter is from Lighthouse Point, according to the Palm Beach County Sheriff's Office. It's not clear what caused the plane to crash. According to the flight plan, it was headed to Pompano Beach. The plane has been moved to an impound lot for the ... See all stories on this topic » WPBF West Palm Beach

4 Killed When Small Plane Crashes in SE Indiana ABC News Authorities say four people died when a small plane crashed as it was approaching a southeastern Indiana airport. The Federal Aviation Administration says the crash happened Sunday evening about a mile south of the Greensburg Municipal Airport and that ... See all stories on this topic »

Two passengers killed in Iowa plane crash KCCI Des Moines ... small plane that crashed in northwest Iowa over the weekend remains in critical condition. Two passengers Gaylen Knaack was flying from Grand Island, Neb., died when the plane crashed short of a grass runway in foggy conditions south of ... See all stories on this topic » KCCI Des Moines

Juventus fined $13000 after fans unveil banner offending 1949 Torino plane ... Fox News MILAN – Juventus has been fined $13,000 after its fans unveiled an offensive banner during a 3-0 victory over Torino that referred to the 1949 plane crash that wiped out nearly the entire squad from the famed "Grande Torino" team. The huge banner read ... See all stories on this topic »

Positive Effects of Positive Thinking

Positive thinking not only changes your mind, it affects your body. So says Daisaku Ikeda, president of the world's largest Buddhist community, Soka Gakkai International. According to Ikeda, as soon as you decide to achieve a certain goal, every part of you, including your nerve fibers, gear up to help you achieve it. Conversely, says Ikeda on the Soka Gakkai website IkedaQuotes.org, as soon as you think you can't possibly succeed, "every cell in your being will be deflated and give up the fight [and] everything really will move in the direction of failure." Research supports Ikeda's claim.

More Resiliency

When life knocks down some people, says resiliency coach Angie LeVan of the University of Pennsylvania Abramson Cancer Center, they go down swinging and jump back on their feet to keep fighting---often with more power in their punches than they had at first. LeVan calls such people "people in high efficacy." She says they "learn from failure and channel it into success." In life, setbacks resulting from illness, death and countless other realities are bound to happen. But instead of being defeated by them, people in high efficacy use these obstacles to grow stronger.

Less Depression

According to the National Alliance of Mental Illness, untreated clinical or major depression can lead to suicide. Environmental factors, an imbalance of chemicals in the brain, and dysfunctional thinking are potential causes of major depression. Hara Estroff Marano, editor-at-large of Psychology Today, suggests that we train ourselves in cognitive-thinking---thinking about what we're thinking. By doing this we can combat negative self-talk with positive messages and stop a minor case of the blues from becoming a major depression. "The quickest way to change how you feel is to change how you think," says Marano.

More Immunity

Researcher Sheldon Cohen, Ph.D. asked a volunteer group of 334 18- to 34-year olds how often they experienced happy or unhappy emotions. The volunteers then received nasal drops containing a common cold virus. People who reported feeling happier were less likely to catch a cold. The March 2010 issue of Psychological Science, features Dr. Suzanne Segerstrom's study of 124 first-year law students. They completed questionnaires to determine how optimistic they felt. Each student received an injection that made skin bumps appear and become larger or smaller depending on her level of germ immunity. Highly optimistic students experienced higher immunity levels.

Less Cardiovascular Disease

Men who believed their risk of suffering from cardiovascular disease was lower than average were three times less likely to die from heart attacks and strokes than men who believed otherwise found a 15-year study conducted by University of Rochester Medical Center researcher Robert Gramling. In Dr. Karina Davidson's 10-year study of 877 healthy women and 862 healthy men, published in the February 2010 issue of European Heart Journal, participates who reported feeling happier had less heart attacks than those who felt less happy.

2 Pilots Capt Don Horan, wife, Barbara, 44; Captain Stephen Butz, wife, Denise, Greensburg with wife killed at Greensburg Municipal Airport were killed when their plane crashed

Two southeastern Indiana couples were killed when their plane crashed while
approaching their small hometown airport in foggy, misty conditions,
authorities said Monday.

The crash Sunday night near Greensburg Municipal Airport killed pilot Don
Horan, 46; his wife, Barbara, 44; Stephen Butz, 45; and his wife, Denise, 42,
Greensburg Police Capt. Bill Meyerrose said. All four were from Greensburg
and were heading back after a weekend outing in Florida with six others. They
had taken off from Destin, Fla., and crashed just a mile from the Greensburg
Airport.

The six others who were part of the excursion flew in another plane that
landed safely at a larger airport in nearby Columbus instead, Meyerrose said.
The Horans have four daughters, and the Butzes have two sons.

Victims IDed from small plane crash in SE Indiana Seattle Post Intelligencer GREENSBURG, Ind. (AP) — Authorities say two Greensburg-area couples are the victims of a smallplane crash near that southeastern Indiana city. The Decatur County Emergency Management Department identifies the victims as 46-year-old Donald P. See all stories on this topic »

32 People Were Killed When A Plane Crashed Into A Bar In The Congo Business Insider Red Cross workers search the wreckage of a cargo plane that crashed late on November 30 at Brazzaville airport as it was trying to land in a storm. A Congolese city morgue official on Sunday updated the death toll to 32, as the search continued for ... See all stories on this topic » Business Insider

Chicago Fire's Fake Plane Crash Fools Reporters Seattle Post Intelligencer Chicago Fire recently filmed a fake plane crash that was so convincing, one local Chicago news station reported the accident as breaking news! News anchors Larry Potash and Robin Baumgarten of Chicago's WGN-Channel 9 showed images of the accident ... See all stories on this topic »

Airplane crash in northwest Iowa kills two men, injures pilot DesMoinesRegister.com Friends and family members offered cherished memories Sunday of Schroeder and Smith, who were both killed in a northwest Iowa plane crash Saturday night. “In small towns like this, everyone knows each other,” said Mike Berning, former Anthon fire chief. See all stories on this topic »

Juventus fined $13000 after fans unveil banner offending 1949 Torino plane ... Washington Post MILAN — Juventus has been fined $13,000 after its fans unveiled an offensive banner during a 3-0 victory over Torino that referred to the 1949 plane crash that wiped out nearly the entire squad from the famed “Grande Torino” team. The huge banner read ... See all stories on this topic »

Small Plane Crashes Near Rochester Airport KAALtv.com (ABC 6 NEWS) - We're learning more about the four passenger of the small plane crash Sunday night. According to family members of one of the people on board the plane, the pilot and three passengers are okay. The pilot of the plane was 23-year-old... See all stories on this topic » KAALtv.com

Bodies recovered from Central Utah plane crash site ABC 4 CHALK CREEK, Utah (ABC 4 News) - The Sevier County Sheriff's Office says the bodies of three people were recovered from a small plane crash site in central Utah on Monday. Investigators say the plane took off from Fillmore and disappeared on November ... See all stories on this topic »

Indiana plane crash kills four WDRB (WDRB) -- The Federal Aviation Administration is investigating why a plane crash killed all four people on board near Greensburg, Indiana. Police say the plane went down about a mile from the Greensburg Municipal Airport. The plane had crashed through ... See all stories on this topic »

Shaver Lake Plane Crash: NTSB Releases More Info. KMPH Fox 26 Family members of the father and son killed in a plane crash near Shaver Lake over the weekend are speaking out. The plane went down in the snow Saturday night.More >>. FRESNO, Calif. (KMPH) -. The following information was provided by the National ... See all stories on this topic »

2 Indiana couples killed in small plane crash Seattle Post Intelligencer GREENSBURG, Ind. (AP) — Two southeastern Indiana couples were killed when their plane crashed while approaching their small hometown airport in foggy, misty conditions, authorities said Monday. The crash Sunday night near Greensburg Municipal ... See all stories on this topic »

Happy Fifth Anniversary, Great Recession!

On the surface, December is a great month. It's filled with holidays: Christmas, Hanukkah, Kwanzaa, Boxing Day, and a host of other special occasions. The 22nd is the winter solstice, the day when the Earth's natural calendar turns and days start getting longer, and the 31st is the night when the old year ends and a new one begins.

But for all its holidays and festivals, turning points and celebrations, December also has its fair share of grim anniversaries. The 7th, after all, remains a "day that shall live in infamy," and the 2nd is the day that Enron filed for bankruptcy. On the 11th, Bernie Madoff was arrested, and on the 14th, President George W. Bush was hit by a tossed shoe in Iraq.

Five years ago, December added another infamous event to its collection: According to the National Bureau of Economic Records, December 2007 is the when the U.S. economy peaked and the Great Recession began. That month, unemployment crept up to 4.9%, beginning a slow climb that would gather speed in 2008 before reaching its height in late 2009.

Three months after December 2007, the famed Bear Stearns bailout hinted at the Wall Street mayhem that was in the works. Of course, by then, the rise in unemployment was hard to miss: In February, employers cut 63,000 jobs, a five-year high. Over the ensuing months, those numbers would continue to rise as the jobless rate eventually topped 10%.

Five years later, the economy still hasn't recovered. Unemployment hovers just below 8% -- an improvement over worst days of the recession, but far from its pre-2007 levels. The number of underemployed workers is still high. And while the recession has officially ended, the effects it had on the middle class remain, in particular what many analysts have characterized as an unprecedented loss of wealth.

At the same time, the Great Recession also led to an explosion in the deficit, as the federal government tried to keep the financial collapses of Bear Stearns and Lehman Brothers from rippling across the economy. Today, with the deficit at its highest level in history and a fight over austerity measures, taxes, and the debt ceiling brewing, the nation's modest recovery is at risk.

Among the possible results of the political grudge match now under way in Washington is that the next five years could look like a rerun of the last five. Perhaps next December, we'll be able to look back on this fifth anniversary of the Great Recession as having preceded a year in which the economy finally improved enough to revive America's optimism ... or perhaps we'll be remembering it as brief respite before the economy once again tumbled over a cliff.

Slovenia Ex-Premier Wins Presidency as Recession Deepens Businessweek Borut Pahor, Slovenia's former prime minister, won the presidential election in the euro-region nation that is fighting its second recession in three years. Pahor got 67 percent of the vote in the second round of elections while the incumbent Danilo ... See all stories on this topic »

Recession doesn't stop do-good consumption The News Journal In the recession and its aftermath, Merrick's company has grown. That first year, it sold its line of coffee, gum and mints in about 160 stores nationwide. By the end of this year, Merrick expects to be in 20,000, including mega-marketers Target and ... See all stories on this topic »

US economy may face recession next year due to political issues Economic Times The odds are now about 36% that the US will be in a recession next year. The reason is political: partisan polarisation has reached levels never before seen, threatening to send the US economy over the 'fiscal cliff ' — the automatic tax increases and ... See all stories on this topic » Economic Times

Happy Fifth Anniversary, Great Recession! DailyFinance Happy Fifth Anniversary, Great Recession! On the surface, December is a great month. It's filled with holidays: Christmas, Hanukkah, Kwanzaa, Boxing Day, and a host of other special occasions. The 22nd is the winter solstice, the day when the Earth's ... See all stories on this topic »

US birth rate falls to lowest since 1920 World Socialist Web Site The US birthrate plummeted last year to a record low, with the decline being led by immigrant women hit hard by the recession, according to a study released Thursday by the Pew Research Center. The study concludes that economic factors are having a ... See all stories on this topic »

Avoiding a new American recession BusinessDay The United States may be headed for a recession in 2013. Even if the country avoids going over the “fiscal cliff,” a poorly designed political compromise that cuts the deficit too quickly could push an already weak economy into recession. But a gradual ... See all stories on this topic »

Kids now have to pay for letters to Santa in recession move IrishCentral In previous years , Irish tots sending missives to the North Pole were told there was "no need for a stamp," but due to the recession, things have changed. An Post, the Irish postal service, is "encouraging" children to use stamps to teach them "the ... See all stories on this topic » IrishCentral

Euro-Area Manufacturing Contracts for 16th Straight Month Businessweek Euro-area manufacturing output contracted for a 16th month in November, adding to signs arecession in the currency bloc may extend into next year as leaders struggle to tackle the sovereign-debt crisis. A gauge of manufacturing in the 17-nation euro ... See all stories on this topic »

Recession in Europe starts to affect R.I. exporters The Providence Journal Rising exports have been one of the bright spots in Rhode Island's sluggish economy this year with sales overseas up 4.5 percent through the first nine months of 2012 compared with the first three quarters of 2011, according to statistics compiled by ... See all stories on this topic »

Autodesk embraces Global Cloud Computing

Autodesk Inc.’s 20th University event last week was all about cloud computing.  The long-time leader in computer-aided design software showcased a complete line of cloud-based design, engineering and visualization tools.

The event marks a major turning point for the company, which has traditionally licensed its software for downloads onto the desktop.

“Autodesk is the first company to bring you a full set of professional-grade, cloud-enabled tools that span the entire design process,” Autodesk president and CEO Carl Bass told the 7,000 attendees at the customer conference in Las Vegas.

Cloud computing allows users to access applications over the Net instead of purchasing them for the desktop.

The San Rafael company has moved slowly, first beta testing cloud applications in visualization and simulation in 2010.

What it found was that cloud computing allows designers to place many different views of a building or product before the user in a very short period of time.

And using the cloud can give designers 20 different options of how a design will function in the real world in just hours rather than days.

Mr. Bass demonstrated these capabilities at the conference as well as unveiling several new cloud and mobile products. They included the next generation of civil infrastructure design software and a comprehensive cloud-based 3D modeling offering for mechanical and industrial design.

“From conceptual design, to simulation, to taking information to the factory floor or the construction site, all of this is being done today with our tools in the cloud,” he said.

Legal concerns curb corporate cloud adoption Computerworld Tanya Forsheit, with whom Bowen shared the dais at a Practising Law Institute seminar on cloud computing in San Francisco last summer, says she has similar concerns. "The cloud providers try to convey a take-it-or-leave-it attitude for their contracts, ... See all stories on this topic »

Borqs' Focus on Cloud Computing Helps Government and Enterprise Customers ... Sacramento Bee BEIJING, Dec. 3, 2012 -- /PRNewswire/ -- Cloud computing, the third wave of IT, is one of the fastest-growing emerging industries in the world with ever-expanding uses for both governments and enterprises. According to the latest quarterly IT Spending ... See all stories on this topic »

Cloud computing showdown: Amazon vs. Rackspace (OpenStack) vs. Microsoft ... Network World Network World - It wouldn't be a mischaracterization to equate the cloud computing industry to the wild, wild west. Read Network World's other tech arguments. There is such a variety of vendors gunning at one another and the industry is young enough ... See all stories on this topic »

Piston Cloud taps VMware vet Morrisroe as new CEO GigaOM Tweet · Email This. Openstack private cloud player Piston Cloud Computing names Jim Morrisroe, who formerly headed VMware's Zimbra group, as its new CEO. Co-founder and former CEO Joshua McKenty stays on as CTO. Piston Cloud CEO Jim Morrisroe ... See all stories on this topic » GigaOM

Autodesk embraces cloud computing North Bay Business Journal LAS VEGAS – Autodesk Inc.'s 20th University event last week was all about cloud computing. The long-time leader in computer-aided design software showcased a complete line of cloud-based design, engineering and visualization tools. The event marks a ... See all stories on this topic »

Land Of Opportunities: Irish Cloud Centre Secures €5m In Funding From The ... CloudTweaks News The government of Ireland has seeded about €5m to fuel the state-of-the-art cloud technology initiative – the Irish Center for Cloud Computing and Commerce. A whooping 8,500 new jobs are expected to spring from the Irish government's decision. The ... See all stories on this topic »

Retailer Staples Gets Into Cloud Security Through Thrive Networks Talkin' Cloud Indirectly, the international retailer is joining the cloud computing market -- in this case, the cloud security market. Thrive Networks, a Staples company, is looking to the cloud to offer a solution to small business security headaches. Cloud ... See all stories on this topic » Talkin' Cloud

Netflix CEO likens cloud computing to early coding era Australian Macworld CEO of US video streaming company Netflix, Reed Hastings, says that the current state of cloud computing is akin to the era before compilers took some of the heavy lifting away from coding. Netflix started its move to Amazon's cloud in late 2009, and ... See all stories on this topic » Australian Macworld

How IT will be blown to bits InfoWorld (blog) The season of predictions is upon us, with market intelligence firm IDC last week releasing its report "IDC Predictions 2013: Competing on the 3rd Platform." What exactly is the "3rd platform"? It's an IDC amalgam of mobile computing, cloud services ... See all stories on this topic »

Oracle to step up Cloud adoption among SMBs Express Computer Oracle recently announced its new bundled solutions for small and medium enterprises that would help them deploy a cloud infrastructure in a cost-effective way. The company is offering integrated solutions around its x86 and entry level SPARC servers ... See all stories on this topic »

Kingfisher Airlines Without Office in Mumbai Airport, will it remain an Airline ?

What will happen to an Indian airline if it has no office in one of the busiest airports in the country? It probably will become almost non-existent.  Kingfisher Airlines Without Office in Mumbai Airport, will it remain an Airline ?

For Kingfisher Airlines, however, it is a little bit different because it is already non-existent for consumers since it is not operating any flights now. But such a predicament is sure to jeopardise its attempts to get back on its feet.

The airline, which has not paid dues for over a year now, owes Rs 22 crore to the airport, the report said quoting sources. AFP
According to a report in the Economic Times, Mumbai International Airport is considering slapping an eviction notice on the airline to forcibly vacate it from the 19,000 sq ft space it occupies in the airport’s Terminal IA.

Interestingly, a senior Kingfisher official has told the newspaper that the company is actually surrendering 15,000 sq ft as it is not operating any flight for the time being and as it is unlikely to operate the full schedule in the near term.

The airline, which has not paid dues for over a year now, owes Rs 22 crore to the airport, the report said quoting sources.

Kingfisher had made peace with its agitating staff earlier last month but is yet to resume its operations.

Kingfisher has more than Rs 7,000 crore debt and bankers have said that they will take a decision on giving further funds to the cash-starved airline only after Mallya infuses capital.

A PTI report had said last week that bankers were still waiting for a revival plan from Mallya.
However, banks have not yet taken any steps towards debt recovery.

The airlines’ revival is getting delayed inordinately as there are a lot of issues the company needs to sort out before it starts operations.

An earlier report in The Economic Times had said airline officials have not been able to sort out scores of regulatory issues that are imperative for it to resume operations.

A PTI report said the staff had also threatened to approach regulator DGCA if they were not paid the May salary on Friday.

Firstpost

Kingfisher Airlines Sent Eviction Notice by Mumbai International Airport Pvt Ltd

Kingfisher Airlines that had its operations from domestic Terminal 1A of Mumbai's airport was given an eviction notice by the Mumbai International Airport Pvt Ltd (MIAL) in the last week of November 2012. Kingfisher owes 22 crore Rupees to airport ...
See all stories on this topic »Kingfisher museum to recognize Pearl Harbor attack anniversary
Enid News & Eagle
The “Day of Infamy” is recognizable to many Oklahomans with memory of World War II, and Chisholm Trail Museum in Kingfisher will feature an exhibit on Friday recognizing the 71st anniversary of the attack on Pearl Harbor. Museum Director Adam Lynn said ...
See all stories on this topic »Kingfisher-Blanchard set for Friday kickoff

Kingfisher will be making its third trek to OSU's football palace in the past four years Friday night when the No. 1-ranked Yellowjackets face Blanchard for the Class 3A state championship. Kickoff will be at 7:30 p.m., the Oklahoma Secondary School ...
See all stories on this topic »

Kingfisher may lose Mumbai airport office, stock down 3% Shares of Kingfisher Airlines are down 3% on media reports that Mumbai International Airport Limited (MIAL) is contemplating an eviction notice directing the airline to vacate the space occupied by it at Terminal IA at the Mumbai Airport. Source ... See all stories on this topic »

Moneycontrol.com

Tax authorities may move SC to recover dues from Kingfisher

The Central Board of Excise and Customs (CBEC) and Central Board of Direct Taxes (CBDT) may move the Supreme Court together against Kingfisher to recover their tax dues, reports Kritika Saxena of CNBC-TV18. After The Bell at 04:00 pm ...
See all stories on this topic »

Mumbai airport may slap eviction notice on Kingfisher Airlines over dues Mumbai: In fresh trouble for Kingfisher Airlines, Mumbai airport authorities are likely to issue an eviction notice after the grounded carrier failed to respond to an earlier notice asking it to clear the Rs 22 crore dues towards parking and ... See all stories on this topic »

Kingfisher: Without office in Mumbai airport, will it remain an airline? What will happen to an Indian airline if it has no office in one of the busiest airports in the country? It probably will become almost non-existent. For Kingfisher Airlines, however, it is a little bit different because it is already non-existent for ... See all stories on this topic »

First Saudi mutual fund to be launched in Ireland

Investing in mutual funds? Know key features before choosing them Economic Times In recent times, the complaint that mutual funds have underperformed and that they should at least do better than bank deposits, has grown louder. In a year when the second mutual fund in the country, after UTI, celebrates its 25th birthday ... See all stories on this topic » Economic Times

Mutual fund investors pump in Rs 47000 crore in sector in October Financial Express At gross level, mutual funds mobilised a total amount of Rs 5,92,871 crore, while there were redemption worth Rs 5,46,151 crore as well -- resulting into a net inflow of Rs 46,720 crore, as per the latest data available with Sebi. This was the highest ... See all stories on this topic »

First Saudi mutual fund to be launched in Ireland Saudi Gazette JEDDAH — NCB Capital has become the first local institution to establish a non-Saudi registered range of funds under the Undertakings for Collective Investment in Transferable Securities (UCITS) platform registered in Ireland. The firm is also ... See all stories on this topic »

10 Bullets Aimed at the Heart of Mutual Funds (NYSE:SCHX, NYSE:SCHB ... ETF Daily News (blog) Wouldn't it be great to be a mutual fund executive? What could be better than sitting on a pile of money that pretty much sticks with you through up and down markets, churning out a steady cash flow? According to the Investment Company Institute, there... See all stories on this topic »