Today’s Technical Term : Acceleration Clause

Acceleration Clause  - A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance. The common reasons for accelerating a loan are if the borrower defaults on the EMI (Equated Monthly Installment).  A provision that gives a lender the …

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Navratra' period: 6 IPO's set to hit Indian stock market

Indian stock market , Six  Initial Public Offerings (IPOs) are hitting the current week. Companies that are hitting the primary market to raise money 1. M & B Switchgears ( Rs.90 crore to Rs 93 crore) 2.  Taksheel Solutions (Rs 71.50 crore to Rs 82.50 crore) 3. Onelife Ca…

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Forbes top 10 US billionaires list, 2011

Forbes top 10 US billionaires list, 2011 1. Bill Gates $59 B Age: 55 Founder of Microsoft and now philanthropist, poses at Pariser Platz square during a brief stop at Brandenburg Gate on April 6, 2011 in Berlin, Germany. Gates is in Berlin to meet with German government offi…

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Silvexity Silvexity Group Plan: Invest Rs 1,000 crore in Affordable housing

Affordable housing developer Silvexity Group plans to invest about Rs 1,000 crore over the next 3-4 years on township projects in Mumbai, Delhi and Bangalore. The group's first Affordable  housing project, Tanaji Malusare City at Karjat, in neighbouring Raigad distric…

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VADODARA - Flats Price

VADODARA - Apartment  Price* Akota 2,600 - 2,950 Old Padara Road 2,7700 -3,200 Gotri 2,350 -2,800 Alkapuri 2,975 -3,600 Race Course circle 2,900 -3,300 Vasna Road 1,800 -2,500 * This is approximate rate, Current situation home  loan interest rate increase further, we believe that there …

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Indian Real Estate shares – Intraday Tips For 27 September 2011

Recommendations for 27 September 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 203.50 201.65 205.70 208.80 SELL BELOW 199.45 201.25 197.25 194.30 Scrip Trigger Price Stop Loss Target 1

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Vasavi Housing at Injambakkam near Chennai

Vasavi Housing Infrastructure Ltd ( VHIL ) is coming up with a new project Vasavi Cerunti at Injambakkam on ECR in Chennai. Vasavi Cerunti will have a total of  about 20 flats coming up on Stilt + 2 floors. The Two and Three BHK flats will be available in the sizes ranging…

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Omaxe scraps Rs 80,000 crore housing project

Indian Realty firm Omaxe has shelved its Rs 80,000 crore investment plan aimed at developing 10 lakh affordable houses across the country over a period of 5 years. Mr. Rohtas Goel, CMD, Omaxe, said "The project could not take off after the slowdown impacted all the dev…

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George Soros joins Forbes top 10 US billionaires list, 2011

Investor George Soros, (Aget 81) has for the first time made the list of the 10 wealthiest Americans, Forbes Magazine  in the 2011 edition of its annual rich list. Less surprising, Bill Gates again topped the list with a net worth of $59 billion, up $5 billion. The Microsoft…

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