L&T Tax Saving Infrastructure Bonds Nov.2011:

L&T has come up with issue of tax saving infrastructure bonds Tranche 1.This issue will carry tax benefits U/S. 80CCF upto Rs. 20,000/-. Issue Details: Open Date: 25th Nov. 2011. Issue Close Date: 24th Dec.2011. Interest Rate: Interest rate offered by issue is 9%. Investor can choose to take annual interest payment as well cumulative…

NAVRATNA PSUs In India:

Navratna status is considered to be the prestigious among public sector companies.Currently following companies have Navratna status. PSU Name Area Of Operation Bharat Electronic Limited Defense products BHEL Engg & Manufacturing BPCL Oil marketing CoalIndia Coal production & marketing GAIL India Ltd Gas transmission Hindustanaeronautics ltd Aircrafts and Accessories production. HPCL Oil marketing IOCL Oil…

Collection Centres In Mumbai,Banglore,Chennai For IDFC Infrastructure Bonds Nov.2011:

IDFC has recently announced the issue of infrastructure bonds.I have received a number of e-mails especially from Mumbai,banglore and Chennai regarding application form and collection centre in these cities.List of collection centres  is as follows: MUMBAI: A] Fort: 1.Axis Bank : Universal Insurance Building,Ground Floor, Sir P M Road, Fort, Mumbai -400001. 2.HDFC bank: Ground…

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