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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 March 8th, 2010

Service tax to hit home buyers hard

Experts believe this would adversely affect the real estate sector, particularly when it was just beginning to show the signs of recovery. Go to Source

Blues ahead for realty

As most builders have increased prices, along with the recent budgetary proposals, it is likely that realty sector may see some slowdown in demand in the long term. Go to Source

LIC to undertake realty projects across India

Life Insurance Corporation of India (LIC) would undertake realty projects, both commercial and residential, across the country. Go to Source

Mutual Fund News for Today (March 8th 2010) — Morning Edition

GENERAL 1.Closed-ended funds make a comeback. India's Rs7.6 trillion mutual fund industry, seeking ways to counter a ban on entry loads they charged customers to pay for marketing and distribution costs, is bringing back closed-ended schemes that lock in investments for a predetermined tenure. At least two fund houses have won regulatory approval to launch [...]

TVS Motor changes financing strategy

By having a separate finance firm, it can insulate the business from the credit risk involved in financing purchases Go to Source

Sensex surges 193 points in opening trade on firm Asian mkts

The Sensex shot up by 193 points in opening trade today on a flurry of buying by funds, driven by firm Asian bourses. Go to Source

Issuers were never asked to go only for French Auction: Sebi

Market regulator Sebi has said it never asked companies to use only the French Auction route for public issues, which failed to elicit the desired response from investors. Go to Source

Essar plans $8 billion UK listing

In an ambitious fund-raising move not undertaken by an Indian company, the $15-billion Essar Group is reported to have begun preparations for an $8-billion listing on the London Stock exchange. Go to Source

NMDC offer: rising ore prices may spur retail investors’ interest

Based on its annualized earnings per share of Rs8, the annualized fiscal 2010 price-earnings multiple seems expensive at 50 times Go to Source

Essar plans $8 billion UK listing

In an ambitious fund-raising move not undertaken by an Indian company, the $15-billion Essar Group is reported to have begun preparations for an $8-billion listing on the London Stock exchange. Go to Source

Public issues make strong comeback

Companies have raised Rs 12,580.8 crore from the domestic primary market in February – the highest since June 2007, data with the Centre for Monitoring Indian Economy (CMIE) shows. Go to Source

Public issues make strong comeback

Companies have raised Rs 12,580.8 crore from the domestic primary market in February – the highest since June 2007, data with the Centre for Monitoring Indian Economy (CMIE) shows. Go to Source

Rupee at near 2-mth high on shrs, shaky dlr

The rupee rose to its highest in nearly two months on Monday, after local share prices closed at their highest in more than six weeks, boosted by the dollar’s weakness against the euro. Go to Source

Markets end at 6-week high on global cues

The Sensex ended up 108.11 points at 17,102.60; twenty of its components were in the positive zone Go to Source

Markets end at 6-week high on global cues

The Sensex ended up 108.11 points at 17,102.60; twenty of its components were in the positive zone Go to Source

Public issues make strong comeback

Companies have raised Rs 12,580.8 crore from the domestic primary market in February – the highest since June 2007, data with the Centre for Monitoring Indian Economy (CMIE) shows. Go to Source

Missing on the way up: Why boardroom is an ‘unfair’ place

The world is still a long way from gender parity with evidence suggesting that while women may be visible in larger numbers in the global workforce, they disappear as they climb up the corporate ladder. Go to Source

Shipping cos raise freight rates up to 30%

April could be a dicey month for consumers. Truckers have threatened to go on an indefinite strike from April 5, and shipping companies have announced a 15-30% increase in container freight charges because of rising oil prices. Go to Source

Companies offer flexi options to retain women employees

Flexi work hours are meant to empower women employees and offer them smarter ways of managing their career. Go to Source

GM to expand R&D activities in India, to hire 400 engineers

General Motors India will expand its research and development activities in India for which it will be hiring 400 more engineers by the end of this year, a top company official said here today. Go to Source


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