The company is on track for profitable growth with its target to double its capacity over 3-5 years. It has acquired GMR Kamalanga at a 20 percent discount to its replacement cost, while it could have acquired it cheaper, if it had waited, said CLSA. … [Read more...] about JSW Energy share price gains 6% on GMR Kamalanga acquisition; CLSA maintains buy
Real estate companies buy houses
The DoT calculated that Bharti Airtel, Vodafone Idea and others owe as much as Rs 1.47 lakh crore in past dues, including penalties and interest, while non-telecom firms, who had taken some licence from it, owed another Rs 2.65 lakh crore. … [Read more...] about Bharti Airtel share price slips even as it pays AGR dues; CLSA maintains buy
"It has been a challenging journey to get us to this stage, but we now look forward to starting work in partnership with all stakeholders to revive these plants and bring employment back. On a personal note, it is great to be investing in the country where my family began in the steel industry a generation ago," Gupta said. … [Read more...] about Sanjeev Gupta finally gets a presence in India, completes acquisition of Adhunik Metaliks
But remember, the lender’s internal limit of 40 per cent as EMI cap may not be realistic for everyone. For example, if you earn Rs 1 lakh and have expenses of Rs 30,000 a month, then you can easily go for a loan with Rs 40,000 EMI. But for someone with the same Rs 1 lakh salary, but having Rs 75,000 in expenses, will find the Rs 40,000 EMI unaffordable. … [Read more...] about Home loan: How much can you afford?
Borrowing limit: Most of the banks will well demand a 10 to 20 per cent of the home’s purchase price as a down payment in the wake of you applying for a property loan. Some of them even demand that it be termed ‘own contribution’. This means, the rest, which comes to 80-90 per cent of the property value, is financed by the bank. One can visit the sites of the major banks and make use of the EMI calculator to find out how much EMI one will have to pay on the money you intend to take as a loan. Similarly, the banks will take into consideration various factors and let you know how much you can borrow as home loan in your present capacity. … [Read more...] about SWOT Analysis in Home Loan & Its Benefits