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.
Though finance minister has announced issuance of tax free bonds in FY 15-16, it makes sense to buy bonds from secondary market. Listed bonds are expected to offer double digit returns which should make them better investment opportunity.
If you are the typical risk-averse fixed-deposit type, this is the time to throw caution to the winds and take a plunge into the low-risk, higher reward pool of tax-free bonds.
HUDCO, a public sector company is going to open its tax free bonds on December 02 of face value Rs 1000 each which is scheduled to close on January 10, 2014.
With the RBI slashing Repo rates, there is renewed expectation that people will loosen their purse strings and invest. Be it extension of tax free bond, attractive FDs or FMPs, each product manufacturer is putting its best efforts to lure investors. Here are a few options you should consider in mind while falling for such attractive options.
State-run lending agency Power Finance Corp today said it will launch tax free bond issue to garner up to Rs Rs 4,590 crore from Friday.
Rural Electrification Corporation (REC) tax free bond issue will open tomorrow. It will raise Rs 3000 crore, reports CNBC-TV18.
Tax free bonds are the latest buzz in the investment space, offering, as they do, guaranteed and tax free returns. But the mutual fund industry is not impressed, reports CNBC-TV18’ Mitra Joshi and Shruti Rajkumar.
Despite getting bids worth Rs 10,000 crore for its bond issue, Power Finance Coporation is not closing its issue because the retail portion has not been fully subscribed yet.