Cadila Healthcare (Cadila) reported lower than expected numbers for 3Q FY 2012, except on the sales front, where sales were mostly in-line at Rs.1,350 cr. However, higher R and expense during the quarter resulted in depression in operating margin, which came in at 17.1%. Thi…
Share Reviews
# IL&FS Transportation Networks - Accumulate with a Target Price of Rs. 235 (12 months). # SpiceJet - Maintains Neutral on SpiceJet. # National Aluminium - Reduce with a Target Price of Rs 53 (12 months). # MOIL Reduce with a Target Price of Rs 247 (12 months). # IDBI B…
Reliance Life Insurance : Guaranteed Money Back Plan
Anil Ambani Group controlled Reliance Life Insurance unveiled protection riders for its existing policies.
It also launched a new product — Reliance Life Insurance Guaranteed Money Back Plan. This apart, the company will also launch a unit-linked product — Classic II — b…
India Mortgage Guarantee Company : Housing loans may get cheaper
According to Mr. R. V. Verma, Chairman, NHB (National Housing Bank), 'In India, housing loans may soon come at better terms, with the concept of mortgage guarantee set to take off in the coming weeks. Mortgage guarantees will ensure softening of interest rates as well …
Union Budget 2012-13 : Indian Real Estate’s Expectations
Budget : Indian Real Estate’s Expectations By Mr. Anuj Puri Commercial Office Real Estate..!
The implementation of the revised DTC (Direct Tax Code) will have strong implications on SEZs (Special Economic Zones). The industry requires clarity on the issues that may emerge, a…
Godrej Properties : New residential project in Mangalore
Mumbai based real estate developer Godrej Properties has announced the launch of its new residential project in Mangalore. The 499 flat Godrej Alpine is likely to be ready for occupation in 3 years (36 months). Mr. Pirojsha Godrej, ED, Godrej Properties said, ''Th…
Share Review - LICHFL, India Cements
LIC Housing Finance - Accumulate with a Target Price of Rs. 291 (12 months)
# India Cements - Maintains Neutral on India Cements.
By Angel Broking
INVESTOTHON – A run for healthy economy
The Mumbai Marathon in support of social causes has become an important event in India’s calendar. And now with every new Investothon that the NSE (National Stock Exchange) organizes, in different cities, the crowd is swelling and the importance of the run for a healthy mar…
No Loan for Property Stamp Duty fees: RBI to Banks
A recent notification from the RBI (Reserve Bank of India) directs banks to exclude stamp duty, registration & other documentation charges while calculating the value of a property could lead to borrowers shelling out more in terms of their own funds.
Buyers of homes in…
Motilal Oswal Private Equity : Raises Rs. 350 Crore for IBEF-II
Motilal Oswal Private Equity Advisors Private Limited (‘MOPE”) announced the first closing of its second private equity fund, India Business Excellence Fund-II (“IBEF-II”). The IBEF-II is focused on providing growth capital to mid-market companies in India to help accelerat…