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Home prices hit roof, but affordability near its best: HDFC

Last Updated: Sunday, May 17, 2015, 13:48

Housing prices have risen to record high levels, but increase in disposable income of the homebuyers has made the purchase of a house most affordable in over a decade, according to mortgage giant HDFC Ltd.

Mutual fund asset base grows 10% to Rs 11.86 lakh crore

Last Updated: Thursday, May 7, 2015, 15:56

Mutual fund (MF) industry's asset base has grown around 10 percent to Rs 11.86 lakh crore at the end of April from March, primarily driven by huge inflows in equity schemes and money market segment.

India-origin billionaires to build 1,200 houses in Nepal

Last Updated: Sunday, May 3, 2015, 19:01

Nepali billionaire businessman Upendra Mahato has announced Rs 150 million in assistance for the relief and rehabilitation of the earthquake victims.

Cos likely to raise $6 billion through 'Masala' bonds in FY16

Last Updated: Sunday, May 3, 2015, 12:01

Leading corporate houses are likely to issue rupee-denominated offshore bonds aka 'Masala Bonds' worth USD 6 billion this year and double it to USD 12 billion next fiscal, says a report.

10.2 million houses in urban India lying vacant: CBRE

Last Updated: Wednesday, April 29, 2015, 12:19

Even as the country faces a shortage of 19 million houses, around 10.2 million completed units are lying vacant, which can be absorbed under rental housing programme for weaker sections, says property consultant CBRE.

Mutual funds line up retirement plans

Last Updated: Monday, April 13, 2015, 16:30

Besides, Reliance Capital Asset Management Company, in December last year, had got the government's approval for first-ever equity-oriented pension scheme, giving tax benefits to investors.

MF exposure to bank stocks drops to Rs 73,000 crore in March

Last Updated: Thursday, April 9, 2015, 16:16

Mutual fund (MF) managers dropped their exposure in bank stocks to over Rs 73,000 crore in March after raising it for six consecutive months.

Mutual funds approach Sebi with 50 NFO proposals

Last Updated: Thursday, March 26, 2015, 17:40

Aiming to tap into the upbeat investor sentiment, mutual fund houses have filed draft papers with market regulator Sebi to launch over 50 New Fund Offers.

MF investors can transact via WhatsApp, apps

Last Updated: Tuesday, March 24, 2015, 18:12

These new facilities will help investors in buying or selling mutual fund (MF) products in a simpler and faster manner.

Corporate tax arrears at over Rs 3.11 lakh crore as of Dec 2014

Last Updated: Friday, March 20, 2015, 19:29

Tax arrears from corporate houses stood at over Rs 3.11 lakh crore till December 2014, Parliament was informed on Friday.

Sebi concerned over large commissions paid to MF distributors

Last Updated: Friday, March 20, 2015, 14:41

Sebi on Friday expressed concern over the disproportionately large amount of commission paid to mutual fund distributors, but the market regulator said it would be good if the industry puts a cap on the upfront fee.

MF houses want tax sops for pension products on lines of NPS

Last Updated: Thursday, March 19, 2015, 11:22

Mutual fund houses have said that tax benefits for retirement solutions should be provided on the lines of the New Pension System (NPS) as they are planning to enter pension funds sector in a big way.