Oct 27, 2015 at 11:26 | Source: PTI
"REC plans to raise funds through Public Issue of Tax Free Secured Redeemable Non Convertible Bonds with Face Value of Rs 1,000 each for an amount of Rs 300 crore with an option to retain oversubscription of up to Rs 400 crore aggregating up to 700 crore in this tranche," the company said in a press release.
Oct 06, 2015 at 18:34 | Source: CNBC-TV18
Watch the interview of Vishal Dhawan, Plan Ahead Wealth Advisors with CNBC-TV18's Sumaira Abidi, in which he shared his view on investing in tax-free bonds in wake of the recent Reserve Bank of India (RBI) rate cut.
Oct 01, 2015 at 15:07 | Source: Moneycontrol.com
ICICIdirect.com has come out with its report on PFC Tax Free Bond. "Interest rates to falllock-in higher tax free coupon!", says the report.
Sep 24, 2015 at 15:27 | Source: CNBC-TV18
Edelweiss Head of Fixed Income Ajay Manglunia said are tax-efficent, and the coupon can go up to 11 percent on a pre-tax basis, in the case of NTPC.
Sep 24, 2015 at 14:27 | Source: PTI
"By the end of Day 1 ie by 5.00 PM the issue was oversubscribed by 11.04 times of the base issue size of Rs 400 crore and 6.31 times of the overall issue size of Rs 700 crore," the company had said in a statement yesterday.
Sep 24, 2015 at 10:52 | Source: CNBC-TV18
NTPC, the country's largest power producer, plans to build projects with 23,000 megawatt capacity over the next three-five years, says Finance Director Kulamani Biswal.
Sep 24, 2015 at 06:35 | Source: Moneycontrol.com
"By the end of Day 1 ie by 5.00 PM the issue was oversubscribed by 11.04 times of the base issue size of Rs 400 crore and 6.31 times of the overall issue size of Rs 700 crore," the company said in a statement.
Sep 22, 2015 at 15:16 | Source: CNBC-TV18
Sources say clarification on withholding tax and capital gains for rupee-linked bonds is expected.
Sep 21, 2015 at 18:11 | Source: PTI
The company will open the public issue of Rs 700 crore tax-free bonds on September 23 for which the government had given approval, NTPC Chairman and Managing Director A K Jha told reporters in a press conference here.
Sep 18, 2015 at 18:09 | Source: Moneycontrol.com
Given the tax free interest on offer and the liquidity, it is a good investment option for fixed income investor.