Posts Tagged 'finance'

Coal India Share Price hits a high of Rs 324.75

Nov 04, 2010 Posted Under: India News
In the latest news from the Indian Financial Market, the Coal India Share Price today hit a high of Rs 324.75 at 9:53 AM in the stock market trade. The biggest coal producer of the world, Coal India Limited issued its IPO at Rs.245 a few days ago Excerpt from: Coal India Share Price hits a high of Rs... Read More

Coal India IPO Allotment Status check now available online

Nov 01, 2010 Posted Under: India News
The Coal India IPO allotment has been reportedly completed and the the IPO allotment status check is now available online. A direct link to LinkInTime website where the Coal India IPO Allotment Status can be checked is provided below. For online Coal India IPO Application Status and other details: Click Here Please click on the “Check Application See the rest here: Coal India IPO Allotment Status check now available... Read More

IT raises demand of Rs.11218 crore on Vodafone

Oct 22, 2010 Posted Under: India News
New Delhi, Oct 22 (IBNS) The Income Tax (IT) department on Friday issued an order raising a tax demand of Rs.11,217.95 crore on Vodafone International Holdings BV. The tax demand was raised after treating it as an assessee in default under section 201(1) of the Income Tax Act, 1961 (the Act) for failure to deduct tax Link: IT raises demand of Rs.11218 crore on... Read More

Sensex surges 795 points on strong economic outlook

Sep 18, 2010 Posted Under: India News
Mumbai, Sep 18 (IANS) A benchmark index for Indian equities surged almost 800 points in this week’s trading, the sharpest rally in over a year, as foreign institutions invested heavily on the back of strong macro-economic outlook. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rallied 795.09 points or 4.23 percent in the See the rest here: Sensex surges 795 points on strong economic... Read More

LIC Pension Plus to ensure minimum 4.5 percent return

Sep 02, 2010 Posted Under: India News
LIC Pension Plus scheme with alluring features have been launched by Life Insurance Corporation (LIC) on Wednesday which ensures a minimum of 4.5 percent guaranteed return. The scheme is to come into effect from today onwards and is expected to revolutionize the insurance sector with hosts of benefits to its customer as reported by LIC Senior Continued here: LIC Pension Plus to ensure minimum 4.5 percent... Read More

India poised to become the Fastest Growing Economy of the World

Aug 17, 2010 Posted Under: India News
India may overtake China as the world’s fastest growing major economy by 2015, as the South Asian nation doubles infrastructure investment and adds six-fold more workers than its northern neighbor, Morgan Stanley said. India’s growth may accelerate to 9-9.5% over 2013-15, Morgan Stanley economist Chetan Ahya (managing director for Asia and India economist, who writes a monthly column Read the original post: India poised to become the Fastest Growing Economy of the... Read More

Sensex closed at 18222.98 points, highest since Feb 2008

Aug 04, 2010 Posted Under: India News
A benchmark index for Indian equities, BSE Sensex on Wednesday went up quickly in late trade covering up 108 points thereby reaching at 18,222.98, the highest since February 2008. A value-weighted index composed of 30 stocks, BSE Sensex opened at 18,115.56 points, was at 18,217.44 points provisionally, 102.61 points up from its previous close at 18,114.83 Read more: Sensex closed at 18222.98 points, highest since Feb... Read More

Non submission of Pan details will result in Bank Account closure

Jun 21, 2010 Posted Under: India News
Delhi Consumer court has confirmed that any customer who denies submission of pan card details for holding his account, the bank authorities can take necessary initiative to close his account. A recent case was filed in the Delhi’s top consumer court by a customer named Ramesh Chand who was not given any consideration on continuing his Go here to see the original: Non submission of Pan details will result in Bank Account... Read More

Direct Tax Code 2011: Revised, New Direct Tax Code for 2011

Jun 15, 2010 Posted Under: India News
A discussion paper on the new revised Direct Tax Code for 2011 has been unveiled by the government on Tuesday. Read more from the original source: Direct Tax Code 2011: Revised, New Direct Tax Code for... Read More

Punj Lloyd share price down to Rs.119, Q4 result out

May 31, 2010 Posted Under: India News
Punj Lloyd has announced Q4 results for FY10 (2010), reporting a consolidated net loss at Rs.301 crore. The present share price is fluctuating at around Rs.119.50, touching a reported 52-weeks low of Rs 118.85. A 12 months share price movement as per quoted by the MoneyControl is shown below. Continue reading here: Punj Lloyd share price down to Rs.119, Q4 result... Read More