Tag Archives: Debt

Invest in debt funds for at least 3 years for income tax benefit

consider at least a three-year time frame for getting better post-tax returns from your debt fund investments. Photo: iStock MORE FROM MONEY » Once-Iffy US-focused pot stocks are becoming investor darlings Axis Bank m-cap erodes by ₹4,709 crore after Q1 results India’s Q1 fiscal deficit at 68.7% of 2018-19 target Can standardisation of exclusions in health insurance policies help customers? ... Read More »

Shriram EPC Surges 16% On Plan to Convert Debt Into Equity

Shriram EPC approved plan to convert working capital loan into equity shares (Representational image) Shares of Shriram EPC surged as much as 16 per cent to Rs 29.60 today after the company’s board approved the conversion of Rs 1,280 crore working capital loan into equity shares as part of corporate debt restructuring package. The board of the Chennai-based firm, which ... Read More »

Indiabulls actual property Cuts Debt by way of sixteen% to Rs four,617 Crore In FY16

New Delhi: Indiabulls real property decreased its net debt sixteen consistent with cent to Rs four,617 crore during the last monetary yr, helped by a nice working coins-go with the flow. In an analyst presentation, the Mumbai-based developer stated the corporation completed a internet debt of Rs 4,617 crore as of March 31, as against the goal of Rs 4,800 ... Read More »

NSE to Auction Investments Worth Rs 4,681-Crore in Government Debt

New Delhi: Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs. 4,681 crore on Tuesday. The auction will be conducted on NSE’-ebid platform from 1530 hours to 1730 hrs — after the close of market hours on Tuesday, March 8, the exchange said in a circular. The debt ... Read More »