A consortium led by Chinese firms has signed a strategic agreement to acquire 40 per cent equity of Pakistan Stock Exchange for USD 85 million, in a move aimed at mobilising funds for the USD 46-billion CPEC project and facilitating China's entry into the Pakistani capital market.
In a report in the Economic Times, the bank is in the preliminary stage, but is hoping to raise funds in the third quarter of the ongoing fiscal.
Prime Minister Narendra Modi has pledged to improve India's creaking infrastructure and is aiming to provide housing for all by 2022.
EPFO till date has been conservative in its investment approach. Currently, out of the Rs 5,40,000 crore around 58 percent is in government securities and state government securities.
State-run Airports Authority of India (AAI) today said it will soon approach the Finance Ministry afresh with the proposal to raise funds through a Rs 3,000-crore infrastructure bonds to finance modernisation of non-metro airports.
SK Goel, CMD of IIFCL said the company is starting the credit enhancement facility whereby it is starting the first project which will guarantee bonds in market. However, he feels the product being a new one will take some time to settle in the market.
Many of us are so worried about the tax saving angle that we forget to look beyond it. There are many factors related to investments like its returns, risk, tenure, and periodicity which needs to be considered while planning investments. Financial advisor Raag Vamdatt discusses each of these factors for the better understanding of the investors
If you were celebrating about some small tax saving gains due to the Union Budget, then you actually need to stop and see whether you will actually end up with some benefits at the end of the day, reckons financial advisor Arnav Pandya.
If you were celebrating about some small tax saving gains due to the Union Budget, then you actually need to stop and see whether you will actually end up with some benefits at the end of the day.
There is likelihood that government may raise the depreciation rate for the corporate to boost the investment demand.
The Finance Ministry has been dealt another blow after modest advance tax filings by top corporates.
March and July are the months to save taxes. So people who are earning usually get very active in these months for the same purpose. There are many viable options to save taxes; one such is investing in 'Tax Saving Infrastructure Bonds'. Read this space to know all about this financial instrument which has gained lot of popularity in recent times.
A little bit of work on the tax front can save a lot of trouble in the last few days and weeks of the financial year.
In Part I of this article, we looked at the different types of risk. We understood systematic vs unsystematic risk and saw examples of specific risks in terms of our economy’s situation today.
Considering the post 2008 market scenario, if there's one thing almost every investor knows, it’s that there's no such thing as a free lunch. If you want gains from the markets, you’re going to have to stomach volatility.
The first tranche of infra bond issue offered by IDFC has received a tepid response, with the company so far collecting only around Rs 500 crore or 10% of its ambitious target of Rs 5,000 crore for FY12. This means, the company will have to tap retail money more aggressively to achieve its target in the next tranches, market sources told.
CNBC-TV18 learns that the finance ministry is looking to reduce the lock-in period for infrastructure bonds to one year from the current five years. Aakanksha Sethi has the exclusive report.
Do you find yourself in a situation where there are just a bunch of days ahead for the deadline of submission of tax documents? Here is a quick guide to help you sort out your finances last minute!
Infrastructure Development Finance Company (IDFC) is planning to increase the forex loan share in its overall borrowing to facilitate greater participation from overseas investors.
The Airports Authority of India (AAI), which runs 125 airports across the country, would approach the government to allow it to raise Rs 5,000 crore through infrastructure bonds, its top official said today.
The Securities and Exchange Board of India (SEBI) relaxed the rules governing foreign investors buying infrastructure bonds, aiming to boost the flow of funds into the sector.
Infrastructure Development Finance Co or IDFC Friday said it has collected Rs 228.05 crore through the third tranche of the public issue of long term infrastructure bonds.
A public sector undertaking - Power Finance Corporation (PFC) - plans to raise Rs 5,300 crore from infrastructure bonds that opened on February 24, a senior PFC official said on Monday.
One of the announcements of budget 2011 was increase in the limit up to which FIIs may invest in infrastructure bonds that have a residual maturity of over five years. Hemant Mishr of Standard Chartered Bank, in an exclusive interview talks about what raising of the limit really mean.
The rupee rose on Monday after the budget increased foreign institutional investment (FII) limit in corporate infrastructure bonds by USD 20 billion to USD 40 billion.