Oriental Bank of Commerce (OBC) on recently (June 10, 2013) slashed interest rates on term deposits of less than Rs. 1 crore across various maturities by 0.25%. The state owned lender slashed interest rate on domestic term deposits maturing between 270 days to less than one y…
Bombay Stock Exchange: Conduct Mock Trading on June 15, 2015
India's leading bourse Bombay Stock Exchange (BSE) will hold a mock trading session on Saturday, June 15 - 2013 to check its new trading system. In a circular, the BSE said it would conduct a mock trading session on Saturday, June 15, 2013 The BSE exchange would hold the …
Definition: Term Life Insurance
A policy with a set duration limit on the coverage period. Once the policy is expired, it is up to the policy owner to decide whether to renew the term life insurance policy or to let the coverage end. This type of insurance policy contrasts with permanent life insurance, i…
Central Govt Could Take More and More Steps to Curb Gold Imports: Says Mr. Raghuram Rajan
Within days of hiking import duty on gold, chief economic advisor Mr. Raghuram Rajan on recently said central government could take more steps to curb demand for the precious metal amidst widening current account deficit (CAD). “We have taken number of measures to curb the i…
Light India International 2013: September 13 to 16 at Chennai
Name of the Expo:Lii 2013 - Light India International Date : September 13 - 16, 2013 Venue : Chennai Trade Centre, Chennai, India PRODUCT PROFILE..! Residential, commercial, retail lighting Industrial lighting Street lighting Security lighting Environmental / Landscape lighting C…
Pune Real Estate: The Smart Homes Revolution..!
by
Mr. Kishor Pate, CMD, Amit Enterprises Housing Ltd. ** The buyers for smart houses fall in the age
group of 29 to 40..! ** Smart homes
offer technological features wherein home owners can operate almost anything in
their h omes
Over the past 2
decades, Pune city has seen r…
92 Acres Integrated Township in Chennai: Bollineni Hillside Adds More Space at CBSE School..!
The
Hyderabad based BSCPL Infrastructure Ltd,
which has developed a mega
integrated township over 92 acres on the Old Mahabalipuram Road,
Chennai, recenly formally handed over a
newly constructed school building, built
over 60,000 square feet to Bala Vidya
Mandir .
…
Deduct 1 per cent Tax At Source While Buying Property Above Rs .50 Lac..!
Mr. Vineet Agarwal, Director, KPMG As
per a newly introduced section in the Income -Tax Act, 1961, (I T Act), a tax
at the rate of 1 % will be deducted on transfer of immovable property of Rs. 50
lakh & above. These
changes are effective from June 1, 2013, and immovable …
Definition: Transfer of Mortgage
A transaction where either the borrower or / lender
assigns an existing mortgage (bank loan to purchase a residential property )
from the current holder to another person or / entity. Houseowners who are
unable to keep current on their mortgage payments may seek a transfer …
Zak World of Facades Conference: June 14, 2013 at Chennai..!
The
Zak World of Facades conference series aims to address the issues currently
faced in designing and executing world-class Facades in India. After
4 conferences in Bangalore, Ahmedabad, Kolkata & Mumbai over the past 8 months, the 5th
edition will happen on June 14, 2…
