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Seamless backend processes and a strong focus on technology have helped Aviva i-life, an online term insurance product from Aviva India to emerge as the cheapest and the most convenient-to-purchase product in this category. Aviva i-Life has sold more than 12000 policies since its launch in May 2011 and expanded its presence to 61 cities [...]
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MoneyGain.in [Press Release] Adani Power Ltd, a subsidiary of Adani Enterprises Ltd and part of India’s leading integrated infrastructure conglomerate the Adani Group, was today conferred with the prestigious National Energy Conservation Award for 2011 by the Bureau of Energy Efficiency, a part of the Central Electricity Authority, Ministry of Power. The company, which is [...]
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US markets ended in flat. Europe markets ended in green. Asian markets have opened a positive note. Expect Indian market to open flat to positive. Nifty Support & Resistance : R 2 5154.5 R 1 5102.3 Pivot *5010.35* S 1 4958.15 S 2 4866.2 Stocks to look out for : RIL, MNM & TCS. Know [...]
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Infrastructure Development Finance Company Ltd. (IDFC) announced its public issue of Tranche-1 tax-saving long-term infrastructure bonds. Offers Tax benefit u/s 80 CCF. Issuer: Infrastructure Development Finance Company Limited Face Value (Rs.): 5,000/- Rating: “(ICRA)AAA” from ICRA & “Fitch AAA(ind)” from Fitch Depositories: National Securities Depository Limited and Central Depository Services (India) Limited Registrar: Karvy Computershare [...]
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Wish you and your Family a Very Happy and Prosperous Diwali and Year ahead! – MoneyGain.in Team For all Mutual Fund, Insurance and Financial Planning get in touch with Harish Soneji for some thing special for this Diwali for your family! Harish Soneji – +91 9920328954
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[Press Release] Highlights of Q2 FY 12 (Sept 30,2011) financial results vis-à-vis Q2 FY 11 (Sept 30, 2010) Net profit up 20% to Rs. 516 Crore (from Rs. 429 Crore) Business up 16% to Rs. 3,30,358 Crore (from Rs. 2,84,518 Crore) Deposits increased by 13% to Rs. 1,74,441 Crore (from Rs. 1,54,305 Crore) Advances up [...]
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IDBI Mutual Fund announces the launch of IDBI Gold ETF, an open ended Gold Exchange Traded Fund. The New Fund Offer (NFO) will open for subscription on October 19, 2011 and close on November 2, 2011. The date of allotment of units under the Fund would be November 10, 2011. The minimum application amount during [...]
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Invest in Power Finance Corporation of India’s Infrastructure Bonds and Save Tax Upto Rs. 6180 under Section 80CCF Plus Earn Interest @ 8.5% P.A. / 8.75% P.A. Note : Now Individual can Invest in this Bonds without having Demat Account. But following Self Attested Documents will be required. 1) PAN Card. 2) Address Proof. 3) Original [...]
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(Press Release – MoneyGain) Mumbai : IDBI Bank was conferred the “CNBC TV18 Special Jury Award” in Mumbai. Shri R.M. Malla, CMD, IDBI Bank received the award from honorable Union Cabinet Minister, Corporate Affairs, Shri M. Veerappa Moily. The Bank was the recipient of the award in the large banks category. The awards were conferred [...]
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Highlights of Q1 FY 12 financial results vis-à-vis Q1 FY 11 (June 30, 2010) Net profit up 34 % to Rs. 335 Crore (from Rs. 251 Crore) NII grew by 36% to Rs. 1152 Crore (from Rs. 844 Crore) NIM at 2.07% (from 1.61% ) Business up 13% to Rs. 3,31,266 Crore (from Rs. 2,92,533 [...]
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