Share Review: ITNL

IL & FS Transportation Networks Ltd. (ITNL) has emerged as the lowest bidder for four laning of Kiratpur to Ner-Chowk project worth Rs.1,818 cr. This BOT project in Himachal Pradesh would be executed on DBFOT basis under Phase III. The project is on toll basis with a conce…

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Payment settling for oil imports from Iran in INR : RBI

According to RBI (Reserve Bank of India) deputy governor Mr.  H.R. Khan, Our country India is considering settling payment for oil imports from Iran in Indian rupees (INR), Mr. Khan said, ''India was evaluating different options to settle payment for oil imports from…

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Mumbai Retail Real Estate : 2012 Forecast

Mumbai Retail Real Estate : 2012 Forecast by Mr. Ramesh Nair India's commercial capital Mumbai’s retail real estate sector looks buoyant in 2012. We will see some of the city’s older malls being repositioned, refurbished and re tenanted. Vacancy levels will increase in…

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Share Review : Tata Sponge Iron

For 3Q FY 2012, TSIL’s (Tata Sponge Iron Ltd’s) reported a 23.3% y o y decline in its revenue to Rs.131 cr, as compared to Rs.170 cr in 2QFY2011. The company’s EBITDA margin came in at 18.8%, lower by 167bp y o y, from 20.5% in 3Q FY 2011 due to in creased employee expense…

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30 acres Lay out, plot of land for Bulk sale ...!

About 50 km from Chennai next Tambaram,  valajapath - Chengalpattu road is ready for a 30 acre Lay out plot of  land for  total (Bulk)  sales. In this section of plot of  land located on State Highway.  approval by  DTCP. It is 8 km from the old Sivaram and  25 km from Orag…

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No More Loans Against ULIP Policy

The Indian insurance regulator IRDA (Insurance Regulatory and Development Authority) plans to ban loans by life insurance companies against ULIPs (Unit Linked Life insurance Policies). It is not approving any ULIP plans with a clause of loans against policy. Now a days, IR…

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World Press Freedom: India's ranking falls to 131

India's ranking in a World press freedom index has fallen significantly in the past year, putting it behind countries such as Liberia, Kyrgyzstan, South Sudan and Albania. Our country fell to 131 out of 179 on the 'Press Freedom Index" compiled by Reporters Wit…

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Indian Retail Real Estate 2011-12

Indian Retail Real Estate 2011-12 : By  Shubhranshu Pani Judging by feedback obtained from a cross section of Indian retail players, it emerges that most retailers perceived 2011 to be a flat year. In fact, many retailers experienced decelerated sales – the affected segment…

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Mr. Square Feet : Power Welfare Society at Hyderabad

Mr. Square Feet, a company focused on providing end to end solutions to a house buyer, recently announced the launch of Power Welfare Society  (PWS) situated at Narsingi, Gachibowli in Hyderabad. It situated near Gachibowli , the project has close proximity to the airport…

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Olympia Grande launched in Chennai

Olympia Group's new real project christened 'Olympia Grande' has been launched. Olympia Grande would be the first high rise residential building in Pallavaram with stilt plus 11 floors. Highlights of Olympia Grande..! # The project would have 800 flats about bro…

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Indian Ceramics Show : March 20 to 22, 2012

With the highly successful 2011 Indian Ceramics exhibition. Bookings for the Indian Ceramics Show  2012 will going on. The event will be held in Ahmadabad (Avenue: Ahmadabad Exhibition Centre) and is the 7th in the series, on the 20 to 22 March, 2012. Nearly 900 square me…

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Near Oragadam 1200 sq. ft plot Rs .1.75 lakh

Next to Chennai,  Oragadam is now a big Industial estate. About 10 km from the Orakatam located at a distance, the Old Sivaram - Linkapuram. 1,200 square feet plot of  land is Rs .1.75 lakh .  This Panchayat approval lay out is nearly completing. While building a house in t…

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Tamilnadu: New Guideline value implemented on February, 2012 ?

The Registration Department of Tamilnadu has launched the process of  implementing new guideline values. The last revision was in 2007 and the current revision will realign the rates in line with the prevailing market prices. This exercise will help increase the revenue fro…

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Prompt Property Fair : March 16 to 18, 2012

Prompt Property Fair provides unique opportunity to meet the leading Builders and Flat Promoters to develop partnerships and obtain the latest trends in the property market. It will be held at Chennai Trade & Convention Centre, Tamilnadu being organized by Prompt Publi…

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Concrete Show India : FEB 23 to 25, 2012

Concrete Show India is a unique platform for the confluence of technology &  business pertaining to concrete supply. The concrete industry is a fast growing name in terms of business development. This show is the place where all the people of this industry come and exh…

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Investing Mantra's - Share Market Guru Warren Buffett Part 2

"will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest." - Warren Buffett *** "The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable." - Warren Buffett *** …

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Sensex top in Leap year, higher than previous year's high

It is been a observed that Sensex (Bombay Stock Exchange - 30 Stocks Index) in leap years the peaks of previous years have been broken and an new high is made. Lookout by the previous history here are the sensex highs in leap years since the year past 30 years from 1980. 30 …

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Education Loan : Documents required

Documents required for applying a Education Loan in India.  All students are required to submit mark sheets of last qualifying examination, Admission letter of the Educational Institute, poof of admission, scholarship, schedule of expenses for the specified course - givin…

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High Use of Black Money in Indian Real Estate: Finance Ministry

The NIPFP (National Institute of Public Finance & Policy) has asked the IG (Inspector Deneral) of Registration and Controller of Stamps to submit the details of the 3 highest value transactions that happened in the past two years in every area in Mumbai &  Pune. It …

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Indian Hotels: Net Proft at Rs. 50 crore

Tata group company, hospitality major Indian Hotels that operates hotels and resorts under the Taj brand has posted a net profit at Rs. 50 crore for the third quarter ended December 31, 2011. The net profit for the corresponding quarter of the last fiscal was Rs 50.29 crore…

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Indiabulls Real Estate: Net dips 45% to Rs. 42 crore

Indiabulls Real Estate has reported a 45% decline in consolidated net profit for the 3rd quarter ended December 31, at Rs 42 crore. The consolidated net profit is Rs 76.61 crore in the corresponding period last financial year. The net sales of the Indiabulls Real Estate fe…

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Unregistered flats in Noida: Owners to pay fine

About 3,000 flat owners in Group Housing societies of Noida who have failed to register their properties may have to pay fine after January 25, 2012 The Supreme Court has set the deadline on January 25, 2012 for the flat owners in various group housing societies to get thei…

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L&T : Net Profit up 18% to Rs. 992 crore

Indian construction and engineering major, Larsen &  Toubro (L&T), has posted net profit for the Q3 ended December, 2011, at Rs. 992 crore as compared to Rs 841 crore in the corresponding quarter last fiscal, beating estimates. Net sales for the third quarter stood …

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Tax-free Bonds : Hudco, IRFC

IRFC (Indian Railway Finance Corporation) & Hudco (Housing and Urban Development Corporation), are tapping the bond market to raise about via Tax free bonds Rs. 11,000 crore starting from January 27, 2012. Both, IRFC &  Hudco, are launching their public issue of tax…

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All About Multi Commodity Exchange of India

Multi Commodity Exchange of India Ltd (MCX) is a state-of-the-art electronic commodity futures exchange. Headquartered in Mumbai, The demutualised Exchange set up by Financial Technologies (India) Ltd (FTIL) has permanent recognition from the Government of India to facilita…

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