National Highway Authority Of India(NHAI) ,an autonomous body under ministry of Road Transport & Highways ,Govt Of India was constituted by an act of parliament in 1995.It is responsible for the development,maintainance and management of national highways and issues related to it. NHAI has come up with an issue of Tax Free bonds means interest…
Details:Muthoot Finance NCDs With 13.25%:
About Muthoot Finance: Largest Gold Loan finance company. Revenues from Gold loan contribute most of the income of the company. Total income of Muthoot finance was Rs.2315 Crore for year ending on 31st March 2011,,nearly 112% of the previous year while total profit after tax was Rs.494 crore ,with growth of more than 116% than…
Interest On Application And Refund Money:
Today,season of NCDs and tax saving infrastructure bonds is on.Normal procedure is that first investor needs to apply and bonds are alloted as per response to the issue.Application money remains with the issuers account from date of application of investor till allotment date.. if investor do not get allotment then money is refunded to the…