National Housing Bank Data: Housing Prices Rise By Upto 10.5% in 16 Cities

According to NHB (National Housing Bank) data, housing prices have risen by up to 10.5% in 16 major cities of our country India in the April to June (2012) period, while only 3 towns have witnessed a marginal fall. NHB 'RESIDEX' tracks the movement in prices of resid…

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Kanavu Illam 2012 - Property, Home loans & Products Exhibition: Stall Bookings Open

As an ardent (a keen) observer of the activities of building  and construction sector, we have been highlighting its positive and negative aspects, bringing to light brighter and darker sides of it and sharing its moments of successes and failures through our English Monthl…

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Madras Stock Exchange: Investors Awareness Programme on August 18, 2012

The Investors Awareness and Education Programme to be held on Saturday, the 18th August 2012 at 4.00 PM at the Madras Stock Exchange's Registered Office of the Exchange, Exchange Building, IV Floor, No.30, Second Line Beach, Chennai- 600 001. Mr. S. Rajaram Advisor and A…

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Housing Loan Demand : Mumbai Slips Behind Pune, Delhi

India's financial capital Mumbai has fallen by the wayside in the mortgage market rankings as record realty prices keep customers away, say real estate & housing finance executives. Pune &  New Delhi have overtaken Mumbai with steady demand, while Mumbai has fa…

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Saudi Arabia: Build City Exclusively for Women

It’s truly a no man’s land ! Saudi Arabia is planning to build a city exclusively for women to encourage career oriented females within its strict Sharia law. All Women City..! The Saudi Industrial Property Authority (Modon) has been asked to bring the country at par with t…

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Wockhardt Limited: 95% increase in Net Profit

Wockhardt Limited, the Pharmaceutical and Biotechnology major, delivered a 95% increase in Profit After Tax at Rs.378 crores in 1st Quarter of financial year 2012 - 13. The EBITDA at Rs. 502 crores grew by 61% and represented 10th consecutive quarter of sequential growth. T…

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CBDT Clarification :Due Date Extended For All Assessee to August 31, 2012

A section of Media has reported that the CBDT (Central Board of Direct Taxes) had extended ‘due date’ of filing of returns to 31st August, 2012 in respect of only those returns which were to be e - filed by 31st July, 2012. It is clarified that the notification issued by the…

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MF Investments Upto Rs. 50,000 Per Year exempted From PAN

As per SEBI’s Circular (No. OW / 16541 / 2012 dated 24, July 2012). any investor who invests up to Rs. 50,000 per year per MF (Mutual Fund) is now exempted from the requirement of PAN (Permanent Account Number). However, please note that they will still have to produce KYC (…

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Reserve Bank of India: Launch New Rs. 5 Coin..!

India's banking requlatory RBI (Reserve Bank of India) will shortly issue Rs. 5 coins in their new shape & size. Accordind to  RBI press release, ''The obverse of the coin shall bear the Lion Capital of Ashoka Pillar with the legend 'Satyamev Jayate' …

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