The Securities and Exchange Board of India (SEBI) has offered a voluntary retirement scheme (VRS) to employees above 40 years of age with 15 years service. The scheme, announced last week, will be open for two months beginning April 1, 2012 and cover full-time employees, who…
How to keep a woman happy.... ?
It's not difficult to make a woman happy. A man only needs to be: 1. A friend 2. A companion 3. A lover 4. A brother 5. A father 6. A master 7. A chef 8. An electrician 9. A carpenter 10. A plumber 11. A mechanic 12. A decorator 13. A stylist 14. Servent 15. A gynecologist 16. A psycho…
ASSOCHAM urges RBI to cut CRR by 0.75%s
The Indian Industry body ASSOCHAM has urged the Reserve Bank of India (RBI) to cut CRR (cash reserve ratio) by another 0.75% points and repo rate, the level at which banks borrow from the apex bank, by 0.50%.
CRR is the amount of funds banks have to necessarily park with t…
Unitech : Gardens Galleria Mall, Noida - Parking facility for 8,500 cars.
India's leading Real Estate Developer Unitech has announced the launch of Gardens Galleria Mall in Noida. The project is part of Unitech’s existing 147 acres entertainment cum retail destination. Mr. Munish Baldev, Head (Retail), Unitech , said, “We are happy to launch Ga…
Office space absorption drops by 14% in Jan- Mar: DTZ India Report
According to property consultant DTZ India 's report, the absorption of office spaces declined by 14% in 7 major cities of India in the first 3 months of the 2012 calendar year compared with the previous quarter.
The office rentals across the key prime markets remained …
March Only 150 FMP;s Launched
It's the season of FMPs (Fixed Maturity Plans). Mutual fund houses launched as many as about 150 FMPs in March, 2012 as investors rushed to lock themselves into high interest rates & also take advantage of the double-indexation benefits provided by this product. …
2011 -12 : Erosion of Rs. 6,21,937 crore Investor Wealth
Above Rs. 10 lakh went down the drain at Dalal Street in every second of trade during the fiscal year 2011-12, on an average. In terms of the cumulative market value of all listed companies, the total investor wealth saw an erosion of Rs. 6,21,937 crore during the fiscal en…
Reuters Poll : SENSEX Seen up 26% on Rate Cuts
The 30 share BSE Sensex was expected to gain 26% this year (2012) as interest rate cuts bolster growth. But, concerns about the central government's finances & its political stability remain prominent risks, a Reuters poll showed. The median forecast from a survey o…
FII Inflows into Indian Stocks Touch $ 900 Crore in 2012
Overseas investors have pumped in about .Rs. 8,381crore ($ 1.6800) in the Indian equity market in the month of March, 2012 taking the calendar year to date total to a whopping . Rs. 43,951 crore ($ 889 Crore). According to market regulator SEBI, during March, FIIs (Foreign …
Investors Go in for long term investment, Index Funds : S.Lakshmanraman
Investors in stock markets should go in for long term investment, take the SIP (Systematic Investment Plan) route, buy index funds, be selective & chose scrips with low debt, said Mr. S.Lakshmanraman, Trading Member, Madras Stock Exchange, Trichy on recently. Investors …
