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IDFC has come up with the second tranche of their infrastructure bonds The issue opens on January 11′ 2012 and ends on February 25′ 2012 (extended till 5th March). The issue is secured and rated ICRA ‘AAA’ and Fitch ‘AAA’ from ICRA and Fitch respectively. Issue Details: Options Series 1 Series 2 Face Value Rs. […]
With a host of companies across the world eyeing the Indian market, a large percentage of citizens in India consider that 2012 will be a better year for them financially than last year, according to a report by research firm Ipsos. http://www.financialexpress.com/news/89-indians-say-2012-will-better-ipsos/898145/ .
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are ready to launch trading in the small and medium enterprises (SME) segment and a formal announcement is round the corner, according to officials. However, market players believe key issues regarding market-making and other costs are yet to be addressed. http://www.business-standard.com/india/news/bse-nse-gearto-launch-sme-trading/461273/ .
Not the national capital’s Aurangzeb Road, home to real estate tycoon KP Singh. Not Bangalore’s Sarjapur Road, home to India’s software czar Azim Premji. India’s most affluent neighbourhoods are Faridabad’s sectors 14, 15, 16, 16A and 17 (average household income: Rs 22.96 lakh); Mumbai’s Walkeshwar (Rs 18.17 lakh); and Noida’s sectors 19 and 27 (Rs […]
Chartered accountants, lawyers and other professionals may have to shell out more money as state governments are contemplating raising the incidence of professional tax. The issue of raising the professional tax, currently capped at Rs 2,500 per annum, will come up for discussion at the meeting of the Empowered committee of state Finance Ministers on […]
Single-premium plan likely to be only for women initially; Centre, states to share premium for economically weaker sections. Customers may soon get health, insurance and pension covers, as well as a scholarship for their daughter’s school education under one policy. http://www.business-standard.com/india/news/govt-may-bring-multiple-covers-under-one-policy/461166/ .
L&T Infrastructure Bonds 2012A Tranche-2 are long term infrastructure bonds for availing income tax relief under section 80CCF of the Income Tax act, 1961 L&T Infrastructure Bonds 2012 Tranche II The details of the bonds are as appended below: Opening Date: 10 Jan 2012 Closing Date: 11 Feb 2012 (extended till 25 Feb 2012 > […]
