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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 February 8th, 2010

Madhucon Projects faces profit squeeze

The three projects will add around Rs500 crore to the order book, which at present is around four times 2008-09 revenue of Rs1,045 crore
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Sebi settles HFCL share price rigging case with consent order

HFCL paid Rs10 crore to settle the case that dates back to 1999-2001
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Estimates show weak investment demand

The GDP estimates for the full year have a 2004-05 base, while the earlier estimates for the first half were on a 1999-2000 base, but that shouldn’t make too much of a difference in growth rates
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SC to examine Punjab plea on VAT provisions

The Supreme Court has decided to examine the plea of Punjab government pertaining to the provision of its VAT law.
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Nifty likely to test 4,600

The Nifty maintained its support of 4,667 and closed at 4,760 on short-covering at lower levels in index futures and key stocks futures.
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SC to examine Punjab plea on VAT provisions

The Supreme Court has decided to examine the plea of Punjab government pertaining to the provision of its VAT law.
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Query Corner: Personal Finance

Our PF expert helps you navigate the complex world of finance.
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Average income of Indians to rise to Rs 43,749 this fiscal

An Indian on an average is expected to earn Rs 43,749 in 2009-10, nine per cent more than what he would have received last fiscal if the national income were evenly distributed among the citizens.
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GDP growth points to rate rise, less stimulus

Manufacturing, one of the main drivers behind the GDP growth, is seen growing at 8.9% in 2009-10
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Rupee falls to 7-wk lows, support at 47/dlr

The rupee ended near its lowest in seven-weeks on Monday, unable to sustain a boost from the sharemarket turning around early losses and as the dollar lost ground against major currencies.
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Lockheed keen to boost India defence supply

Firm keen to supply fighters, ships, helicopters to India; potential contracts worth nearly $20 bn over 5 yrs, say sources
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Average income of Indians to rise to Rs 43,749 this fiscal

An Indian on an average is expected to earn Rs 43,749 in 2009-10, nine per cent more than what he would have received last fiscal if the national income were evenly distributed among the citizens.
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Query Corner: Personal Finance

Our PF expert helps you navigate the complex world of finance.
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Loan pre-payment or ELSS? It’s all about term

In a rising market, ELSS investment may fetch you better returns. But if you have a long-term home loan outstanding, it makes sense to pre-pay it.
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Kumar Urban to raise USD 800 mn via pvt placements

Pune-based realty firm Kumar Urban Development to raise up to $800 million through private equity placements in various special purpose vehicles (SPVs) next fiscal.
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Monthly income plans catch investors’ fancy

‘‘ Invest in MIPs, which have a small exposure (mostly 15-25 %) to equity. The equity component will act as a ‘kicker’ and give you extra returns.”
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Gold extends gains, up to Rs 16,520

Gold prices moved up Rs 80 to Rs 16,520 per ten grams in the bullion market on seasonal buying amid a positive global trend.
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M&A activity in India more than doubled to $3 bn in Jan 2010

According to the monthly deal report of VCEdge, a financial research provider, the M&A deal value during January 2010 stood at $2.8 billion, a whopping 126% rise over the same period last year
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Monthly income plans catch investors’ fancy

‘‘ Invest in MIPs, which have a small exposure (mostly 15-25 %) to equity. The equity component will act as a ‘kicker’ and give you extra returns.”
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Hybrid mutual funds no longer looking attractive

The weakness in equity markets is weighing down heavily on hybrid mutual funds (MFs), which seek to give the best of equity and debt for investors.
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