Posts Tagged “in”

SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

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SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

Banks have now started offering in-principle approval of personal loan in less than an hour on ‘PSB Loans in 59 Minutes’ portal from this September. More than 25 public and private sector banks, including the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, Kotak Mahindra Bank and Union Bank of India will approve…

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Sanjay Khan gets high court relief in property case

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Sanjay Khan gets high court relief in property case

Court says actor/director has the right to use the internal roads on a plot of land adjoining his Juhu bungalow. The Bombay High Court in an interim order has upheld actor/director Sanjay Khan’s right to use the internal roads on a plot adjoining his bungalow in Juhu. The court has further disallowed any development on these roads…

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Caught on cam: 2 men open fire at property dealer in Gaur City

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Caught on cam: 2 men open fire at property dealer in Gaur City

Noida Police has been investigating the matter. (Screengrab from the CCTV footage) An incident of firing has been reported in Gaur City in Greater Noida, Uttar Pradesh. The incident happened around 7 pm at the 6th avenue near G block on Thursday. A CCTV footage of the area shows two men confronting a man, reportedly…

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Trouble over Sara Ali Khan’s ancestral property in Uttarakhand, FIR filed

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Trouble over Sara Ali Khan’s ancestral property in Uttarakhand, FIR filed

DEHRADUN: Bollywood actress Sara Ali Khan’s ancestral property worth crores is now embroiled in legal trouble. Uttarakhand Police had set up an SIT to probe the purported sale of the land and following its report indicating fraud, an FIR has been filed. Talking to IANS, Inspector General of Police, Garhwal, Ajay Rautela said that a case of fraud…

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Half of unsold ready-to-move-in property in Mumbai affordable

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Half of unsold ready-to-move-in property in Mumbai affordable

A recent data released by Proptiger.com, indicates that developers had an unsold stock of over 2.93 lakh units till July 2019 in Mumbai Metropolitan Region (MMR). Out of these, over 1.41 lakh units (over 48% of the stock) are priced up to ₹45 lakh. Proptiger.com is a real estate portal owned by Elara Technologies Pte Ltd…

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Elderly man in Dubai risks losing Dh202,400 property deposit

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Elderly man in Dubai risks losing Dh202,400 property deposit

Dubai: An elderly man, who used his life-savings to make a Dh506,000 down payment on a Dh1.15 million villa, is seeking help after payment defaults mean he risks losing a substantial part of his deposit. Ex-banker Abdullah Khamis Bashammakh, 67, said he has had no income for the past four years and therefore cannot pay…

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US import, export prices up in July

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US import, export prices up in July

U.S. import and export prices both increased in July, the U.S. Department of Labor reported on Wednesday. The price index for U.S. imports rose 0.2 percent in July, after a decrease of 1.1 percent in the previous month. Prior to June, prices for U.S. imports advanced in each of the first 5 months of 2019….

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Why you shouldn’t rush to buy property in J&K

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Why you shouldn’t rush to buy property in J&K

Now that Article 35A, a law that debarred non-residents of Jammu and Kashmir from buying properties in the erstwhile state, has been revoked, people from other states can own immovable property in the newly carved Union territory. However, there’s not much clarity on how the move will pan out for investors. Two days after Article…

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Australian, Canadian pension funds pledge $2 billion in NIIF

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Australian, Canadian pension funds pledge $2 billion in NIIF

The National Investment and Infrastructure Fund Ltd (NIIF) Tuesday said it has received commitments of about $2 billion from AustralianSuper, Australia’s largest superannuation and pension fund, and Ontario Teachers’ Pension Plan (Ontario Teachers’), one of Canada’s largest single-profession pension plans. These include commitments of $250 million each into NIIF’s master fund, and co-investment rights of…

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

New Delhi: US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in Zee Entertainment Enterprises Ltd (ZEEL), the flagship media company of Subhash Chandra’s Essel Group. The stake sale will be for a total consideration value of up to ₹4,224 crore, the company said in a press statement. The proceeds from the stake sale will go…

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Millennials almost half of new mutual fund investors in FY19

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Millennials almost half of new mutual fund investors in FY19

NEW DELHI: More and more millennials are taking to mutual fund investing and are letting their corpuses grow by holding them over long terms. According to data from Computer Age Management Services (Cams), a transfer agency which services 68% of MFs in India, of the 3.6 million new MF investors it onboarded in FY18-19, 47% (1.7 million) were…

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Lightspeed: The fund that bets on getting in early

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Lightspeed: The fund that bets on getting in early

When Lightspeed India Partners set up its first India fund, worth $135 million (₹926 crore), in 2015, it had already had a taste of the potential of Indian startups. Beginning with a $7 million (₹48 crore) investment in online tutorial Tutorvista in 2006, the US-based Lightspeed Venture Partners had zeroed in on future unicorn Oyo…

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What India’s three largest mutual funds bought and sold in June

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What India’s three largest mutual funds bought and sold in June

Inflows into Indian equity mutual funds jumped the most in three months in June as hopes for greater political stability and the central bank’s continued easing bolstered risk appetite. They took in ₹76.6 billion ($1.1 billion), according to the Association of Mutual Funds in India. That’s up from 54.1 billion rupees that the funds got in May, and…

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Here’s why falling mortgage rates won’t spark recovery in the housing market

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Here’s why falling mortgage rates won’t spark recovery in the housing market

The housing market won’t recover much in the second half of 2019, says Capital Economics. Mortgage interest rates have fallen this year, but that hasn’t spurred much action in the housing market, and things are unlikely to turn around for the remainder of the year as concerns about the economy continue to grow, the economists say. “The…

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