Category: Updates
NSE BSE Trading Holidays 2013
Following is the list of trading holidays for the year 2013. Only those festivals and occasions that are falling on working days are mentioned below. Muhurat Trading will be held on Sunday, November 03, 2013 (Diwali Amavasya – Laxmi Puja). The Exchange may alter / change any of the Holidays, for which a separate circular [...]
Apollo Hospitals Fixed Deposit
Apollo Hospitals Enterprise Ltd. , a well known Hospital Chain with Super speciality services to their patients is collecting funds time-to-time in the form of Fixed Deposits with tenore of One/Two/Three year period with interest rates of 9.00%, 9.25% and 9.50% respectively. The Fixed Deposit is accepted under two caragories, i. e. Fixed Deposit, where [...]
NSE BSE Muhurat Trading 2011
National stock Exchange (NSE) and Bombay Stock Exchange (BSE) have announced the timings of Muhurat trading 2011. The Muhurat trading will be done on 26-Nov-2011 from 4:45 Pm to 6:00 PM. The currency trading will be between 5-6 pm Muhurat trading is the auspicious stock market trading for an hour on Diwali (Deepawali). The practice [...]
IFCI Infrastructure Bonds Series III
IFCI Ltd has come out with IFCI Infrastructure Bonds Series III . Having Benefits under section 80CCF of the income Tax, 1961 for Long Term Infrastructure Bonds. The Bonds are first for the year 2011-12. Main points of the issue are: The issue will open on September 21, 2011 and will remain open till November [...]
IPO: L&T Finance Holdings Ltd
L&T Finance Holdings is a financial holding company and offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, mutual fund products and investment management services, directly or through indirect wholly-owned subsidiaries. LTFH is registered with RBI as a Systemically Important Non-Deposit Taking Non-Banking Financial Company. L&T Finance [...]
Mid Quarter Indian Monetary Policy Review June
Reserve Bank of India moterary policy has recently announced quarterly monetary policy of India. L&T Finance holdings Ltd. has reviewed it as follows: RBI, in its mid-quarter policy review, increased the repo rate by 25bps to 7.50%; Reverse repo rate and Marginal standing facility (MSF) rate now stands at 6.50% and 8.50%, respectively. CRR and [...]
Budget 2011-12 Highlights
Following are the key decisions taken in Budget session presented by Hon’ble Finance Minister Pranab Mukherjee on 28-Feb-2011 Personal Income Tax exemption limit hiked from Rs 1,60,000 to Rs 180,000. For senior citizens, tax exemption limit increased to Rs 2,50,000. For senior citizens above 80, the tax exemption limit has been raised to Rs 500,000. [...]
IPO : One97 Communications
One97 Communications Limited is India’s leading Mobile Value Added Service Company. One97’s Innovative mobile content, messaging, commerce services and made-to-order network applications offer new revenue streams to telecom operators. Working closely with service providers and enterprises, it offers customer lifecycle management and mobile marketing to enhance their profitability. Championing speed of delivery, One97 thrives on [...]
Pre Market Call Options by NSE, BSE
With the changing market conditions, exchanges have also been continuously revising the process so that fair market practices is been ensured. One of the new initiatives by the regulators is to introduce “pre market call option”, this feature will help market to determine fair opening price of a security and indices. How does this function? [...]
Rupee has a Symbol
As per PTI news , Cabinet has selected the SYMBOL of Indian Rupee. The Rupee will join the elite club of US Dollar, British – Pound-Sterling, Euro and Japanese Yen. Government says to adopt the symbol within Six months in the country and globally within 18-24 months.
