Reliance Portfolio to Raise Rs.1,500 Crores (Sept-2011)
Reliance Portfolio Management Services, a part of Reliance Capital Asset Management, plans to raise over Rs 1,500 crore from the domestic market to invest in real estate projects in various parts of the country. The fund will be raised though a limited liability partnership structure and will be named as Reliance India Realty Opportunities LLP. Reliance Capital Asset Management –Portfolio Management Services will act as the advisor to Reliance Realty, Economic Times reported, citing sources. The Reliance-ADAG group had t...
US Billionnaire Sam Zell to Invest in Indian RE Markets (Sept 2011)
Billionaire Sam Zell is entering the real estate markets in India and Columbia soon as he continues to favor international investments other than in the US. Sam Zell, Chairman of Chicago-based Equity International, will invest in real estate in Colombia and will eventually move on to residential projects. In India, he plans to make investments in the hospitality sector, particularly hotels. He is planning a hotel/motel program on the lines of Residence Inn at Marriott and would soon build a chain across the country. Zell, ...
No Prepayment Penalty on Floating Home Loans (Sept,2011
The Reserve Bank of India (RBI) in a meeting with Banks representative agreed to remove the prepayment charges on floating rate loans. The exact date by which this notification will be implemented is to be announced shortly. The move is aimed at bringing fairness in bank charges. Prepayment penalty in some banks can range between 1 – 3 percent on the outstanding loan amount. The removal of prepayment penalty will make it easier for customers to partly pay their loans in case they are able to generate surplus cash or shif...

‹ First  < 18 19 20

Latest Updates
  • Indian expatriates in the Gulf and those intending to go there on work should expand their initials in their ...
  • Taxman turns lens on domestic assets of high net-worth individuals The Income-Tax Department is zeroing in on ...
  • Levy Cheque return charges only if customer is at fault - RBI Circular
Recent Posts
Small Savings Scheme PPF,SCSC, Sukanya Samridhi NSC etc. Revised Interest Rates
Customs Baggage Rule
Budget 2016 Highlights (Direct Tax)
Economic Survey 2015-16
Interest Rates of Small Saving Schemes to be revised on a Quarterly Basis w. e. f 01/ 04 /2016
Government of India extended the last date for applying for conversion of PIO cards to OCI cards to June 30th 2016 from March 31.
Highlights of the Railway Budget 2015-16
Featured Video
  • Keralarealestatesite
  • NRI Guide 2013
  • NRI Guide 2013
  • Financial planning
  • Financialplanng
  • logo