Rise in interest rates of AAA rated fixed deposit schemes

Shiva Cement Ltd. - Shareholding for the Period Ended September 30, 2018

Shiva Cement Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2018. For more details, kindly Click here

*Bajaj Finance Ltd.* has increased the Interest Rate on their Fixed Deposit sxhemes.

The Sovereign Gold Bond (SGB) scheme 2018-19 has opened for subscription

Moneycontrol News

The Sovereign Gold Bonds (SGB) scheme 2018-19 has opened for subscription. Investors in the bond have to be persons resident in India, individual, or jointly with any other individual. The bond may also be held by a Trust, HUFs, Charitable Institution and University. You can also avail the bond on behalf of a minor child.

Here are 10 things one should look at while availing Sovereign Gold Bond Scheme 2018-19.

=| The Bonds will be issued in the form of Government of India Stock, further they are eligible for conversion into a de-mat form.

=| The Bonds may be used as collateral for loans.

=| The interest on the bonds will be taxable as per the provisions of the Income-tax Act.

=| The Bonds will bear interest from the date of issue at the rate of 2.5 percent (fixed rate) per annum on the nominal value. Interest will be paid in half-yearly basis and the last interest shall be payable on maturity along with the principal.

=| The denomination of Bonds will be in units of one gram of gold, further which can be increased in multiples. Minimum investment in the Bonds will be one gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family and 20 kg for trusts.

=| Calendar

=|The issue price of the Gold Bonds will be Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode.

=| Payment will be accepted in Indian Rupees through cash up to a maximum of Rs 20000 or Demand Drafts or Cheque or through e-banking.

=| The Bonds will be repayable on the expiration of 8 years from the date of issue of the Bonds. Pre-mature redemption of the Bond is permitted from the 5^th year of the date of issue on the interest payment dates.

=| The Bonds are transferable which can be executed by filing an Instrument of transfer form.

(With inputs from RBI) 

Competition from Patanjali has softened : HUL

Anubhav Sahu

Moneycontrol Research

Hindustan Unilever (HUL) posted a strong set of Q2 FY19 earnings on double-digit volume growth, which was broadly as per our expectation. Domestic consumer sales grew 12 percent year-on-year, ahead of industry growth, aided by sustained revival in rural growth (1.25 times urban growth).

Double-digit sales growth for all divisions in Q2

Result snapshot

Source: Company

This is also the first quarter after the rollout of the Goods & Service Tax (GST) where YoY reported numbers are comparable. Overall operating sales grew 11 percent backed by double-digit sales growth in all three divisions. The management reported its fourth consecutive quarter of double-digit volume growth (10 percent).

However, pricing growth of around 2 percent was the lowest in recent times. Recent price hikes would be fully reflective in the third quarter. Gross margin

Godrej &Boyce ltd restart FD schemes

Godrej &Boyce ltd restart FD  schemes

Minimum deposit: Rs.25000

Rate of Interest:

LAUNCH OF PUBLIC ISSUE OF NCDs Shriram Transport Finance Company Limited

LAUNCH OF PUBLIC ISSUE OF NCDs

Shriram Transport Finance Company Limited

Issue Highlights:

Opens on: 15 oct 2018

Issue size: ₹ 1350 cr

Instrument: Secured Redeemable NCD

Credit Rating: IND AA+/ Stable by India Ratings Limited and CRISIL AA+/Stable by CRISIL

Tenure and Annual Coupon for Individual Investors:

On why you should invest in reliance communication post aircel deal

With more than 80 of the debt getting reduced company will start its new journey as holding company soon after demerger of telecom business. what many seem to be missing here is these scheme will not only reduce debt but even the operational cost and financial cost. I think it will soon be renamed as it no more remains telecom company but rather a holding company just like tata investments which will have investment income from 50% holding in new merged company and other rental income with virtually no operating cost or finance cost leading to book profits and resultant dividends soon. The valuation of the company will be similar to tata investments which will be in likes of 500 in long term.

Shree Renuka Sugars Ltd has informed BSE that under the Judicial Protection Law (11.101/2005 Recuperacao Judicial), the designated court in Sao Paulo, Brazil has on July 26, 2016, approved the Re-organisation Plan of the Company's subsidiary

Shree Renuka Sugars Ltd has informed BSE that under the Judicial Protection Law (11.101/2005 Recuperacao Judicial), the designated court in Sao Paulo, Brazil has on July 26, 2016, approved the Re-organisation Plan of the Company's subsidiary viz., Renuka Vale

Mahanagar Gas looks to raise more than Rs 10 billion through IPO

Mahanagar Gas Limited IPO Update:

Opens On: 21-June-2016

Closes On: 23-June-2016

Price Band: