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Why you should not ignore Hudco's tax free bonds

Sep 23, 2013

Why you should not ignore Hudco's tax free bonds

The annual interest with these bonds is better than the post-tax returns you would have earned on fixed deposits, which is 6.3-6.6 percent for highest tax bracket #Bond market #Hudco #PersonalFinance #fixed deposits #tax-free bonds
McDonald's vs Bakshi: This legal battle is far from over

Sep 17, 2013

McDonald's vs Bakshi: This legal battle is far from over

Estranged managing director of Connaught Plaza Restaurants that runs McDonald's chain in North and East India, Vikram Bakshi, is now facing another legal battle as the government backed lender Housing and Urban Development Corporation (Hudco) has moved the court against him after a loan default after he failed to meet loan obligations worth Rs 80 crore. #McDonald's #Hudco #Connaught Plaza Restaurants #Vikram Bakshi
IIFCL launches $1 billion infrastructure debt fund

Jun 18, 2013

IIFCL launches $1 billion infrastructure debt fund

The government-run India Infrastructure Finance Company Limited (IIFCL) Tuesday launched its first infrastructure debt fund (IDF) with targeted initial corpus of $1 billion #Investing #Canara Bank #Hudco #infrastructure debt fund #IIFCL #Oriental Bank of Commerce #Corporation Bank
Companies raise Rs 17k crore through NCDs in FY13

Apr 19, 2013

Companies raise Rs 17k crore through NCDs in FY13

Funds raised by Indian companies through retail issues of non-convertible debentures (NCDs) more than halved to nearly Rs 17,000 crore in 2012-13, even as the capital mopped up through this route exceeded the targets. #NewsTracker #Shriram Transport #Hudco #Power Finance Corp #non-convertible debentures
Should you go for IIFCL (Tranche 2) tax free bonds?

Feb 26, 2013

Should you go for IIFCL (Tranche 2) tax free bonds?

The issue size is up to Rs 200 crore with an option to retain over-subscription of up to the shelf limit of Rs 6,331.1231 crore. Keep in mind just like the Tranche 1 series, this too is a secured redeemable non-convertible bond. #Hudco #PersonalFinance #IIFCL #tax-free bonds