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Invest in SBI Unit Plus III ULIP Plan and save tax + Guaranteed Growth Potential + Tax Free returns + Life Insurance + tax free partial withdrawal facility + switching between equity and debt allowed + Suitable for long term planning like daughter's marriage, son's higher education + your own retirement planning or any other unseen expenses - Highly Recommended.                  For more details or to invest, call 09810800392 or email us at contact@investmentkit.com                              

 


Archive for July 28th, 2009

File your IT returns with ET tax wizard

Three days left, and you haven’t filed your returns. Try the ET tax wizard, it’s so easy to use and it just takes 5 minutes to fill the form.
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Five top security tips when filing taxes online this season

However, you do need to ensure you protect your personal information online. It is no coincidence that identity theft rate related to tax return filing rises in keeping with the increasing popularity of online tax filing.
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Global pension funds rush to India for better returns

Indian pension fund managers may have recently got the nod to dabble extensively in volatile stocks, but global pension funds from the US and Europe continue to back India for giving good returns.
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India’s entry fee ban unsettles Mutual Funds: Analysis

India’s fiercely competitive fund industry is set to become even tougher for fund managers as a ban on entry fees slows growth, adds to distribution costs, cuts profitability and delays the path to breakeven for newcomers.
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Use ET tax wizard to file your returns

The ET tax wizard is so easy to use and it just takes 5 minutes to fill the form. Don’t believe us; listen to some of the testimonials.
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Sensex closes over 43 points lower on RBI monetary policy

The Sensex closed over 43 points lower as banking stocks tumbled on the RBI decision to keep interest rates unchanged.
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NHPC IPO: First issue of state-run firm in 17 months

State-run power company NHPC said it plans to raise up to Rs 6,048 crore through sale of shares in a price-band of Rs 30-36 in an IPO — the first by a PSU after the UPA assumed office for a second term.
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Reliance Power to raise over Rs 20,000 cr to fund power projects

Reliance Power, an Anil Ambani group company, plans to raise over Rs 20,000 crore in the current fiscal to finance various projects including the 4,000 MW Krishnapatnam Ultra Mega Power Project, a top official said.
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Sensex crawls into green in post-noon trade

Sensex crept back into the green and was ruling 57 points higher than its previous close, about 90 minutes before the closing bell on Tuesday.
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No change in key policy rates: RBI

The RBI on Tuesday left its lending rate steady at 4.75%, its lowest in 9 years, and its reverse repo rate unchanged at 3.25%.
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No cheer for markets from RBI, Sensex down 134 points

The Bombay Stock Exchange benchmark Sensex fell by over 130 points at 1230 hrs after the Reserve Bank announced no change in key policy rates and projected an economic growth rate of six per cent.
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Rupee falls 8 paise to 48.24 a dollar

Rupee on Tuesday skidded by 8 paise against the dollar in early trade due to the month-end dollar demand from importers.
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Sanofi arm buys Shantha Bio

Though financial details were not available, the deal size (acquisition of 78% stake) is estimated to be around Rs 3,000 crore.
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Adani IPO brings anchor investors

The upcoming initial public offer of Ahmedabad-based Adani Power Limited has become the first IPO in the country to attract anchor investors under the recently announced SEBI guideline.
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FIIs bet big on real estate stocks

FIIs, who resumed their buying spree after a brief pause in the run up to the Budget, are placing their bets on realty stocks.
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Global pension funds rush to India for better returns

Indian pension fund managers may have recently got the nod to dabble extensively in volatile stocks, but global pension funds from the US and Europe continue to back India.
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Tata Motors net up 58% on low input cost

Tata Motors posted better-than-expected quarterly earnings driven mainly by fall in raw material prices and the new accounting rules on forex differences.
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CLB order on Satyam challenged

A crucial petition challenging the Company Law Board’s decision to allow the scam-ridden Satyam Computers to induct a strategic investor is slated to come up for hearing in HC.
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Hindustan Unilever Q1 net falls 3.6%, lags forecast * Anil Ambani says RIL has shown dishonourable conduct * Oil ministry’s performance biased; not claiming ownership of KG basin

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RBI leaves key rates unchanged

The central bank kept the cash reserve ratio, the amount of funds banks have to keep on deposit with it, unchanged at 5.0%
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