Kotak Mahindra Bank

Kotak Mahindra Bank Relaxable conditions ( on a case - to - case basis) Maximum Age of Building : 30 yrs Min. Disp Income : Rs 144000 No. of years after establishment of the business : 3 yrs Annual Sales : Rs 144000 Business was profitable for the last : No yrs Additional Conditions

IL&FS Board Recast: NCLT approves new directors

By Accommodation Times Bureau NEW DELHI The Central Government, based on a report received from the Regional Director, Mumbai, Ministry of Corporate Affairs, concluded that the affairs of IL&FS holding Company and its group companies are being conducted in a manner prejudicial to public interest. With a view to preventing further mismanagement and

GIFT City: First Mover Advantage for Businesses That Opt for Hiranandani Signature

By Accommodation Times Bureau GANDHINAGAR Gujarat International Finance Tec-City (GIFT City) is India’s first operational Smart City and IFSC. Within the IFSC, Hiranandani Signature is the first fully functional commercial space. Hiranandani Signature represents the Green and Sustainable Construction aspects, which have been maintained while creating the commercial tower built as per

NIIF makes its First Investment

By Accommodation Times Bureau NEW DELHI National Investment and Infrastructure Fund (NIIF) has partnered with DP World to create an investment platform for ports, terminals, transportation and logistics businesses in India. NIIF has made its First investment today, the finance ministry said. The platform will invest in opportunities in the ports sector, and

DDA’s new housing scheme is here

By Accommodation Times Bureau The Delhi Development Authority's much-awaited new housing scheme with 12,000 flats on offer will be rolled out today, said officials. Top DDA officials said the scheme is slated to be launched by Union Urban Development Minister M Venkaiah Naidu at Vikas Sadan, the housing authority's headquarters, late afternoon. "We are all

RBI to reduce risk weight on home loans

By Accommodation Times Bureau Shares of banks and home finance companies exhibited a sudden hike , on June 8 after the RBI’s announcement of the decision to reduce the risk weight on home loans; on June 7 afternoon;  as a part of its bi-monthly monetary policy review. For private and public sector banks the RBI's

PNB Housing Finance debuts at Rs. 860/share

PNB Housing Finance made strong debut on the bourses at Rs. 860 per share, up 11% over the issue price of Rs 775. The company has raised Rs 3000 crore through the issue. The issue was oversubscribed by 29.55 times. Kotak Mahindra Capital Company, DSP Merrill Lynch, JM Financial Institutional Securities, J P

Rs 2,610 crore, long tenor bonds placed by the Shapoorji Pallonji Group – a landmark in infrastructure financing

By Accommodation Times News Services Mumbai, 10th August 2015: SP Jammu Udhampur Highway Limited, announces successful refinancing and placement of Non-Convertible Debentures of Rs 2,610 crores. With this successful placement of the bond issue, the first refinancing of this scale the company achieves another landmark in the infrastructure space. ·         At Rs 2,610 crores, this is