How fluctuation in rupee affects your investment. If the rupee falls in value, the rupee returns on commodities such as gold increase. If the rupee appreciates in value, the rupee returns on gold decline. An investment in overseas assets will fall in value if the underlying currency depreciates, and investors will tend to lose out […]
Tag: Assets
Hotels In Chennai And Kolkata By ITC
August 4, 2008 – 1:15 am
ITC is ramping up its hospitality business with new hotels in Chennai and Kolkata. The tobacco-to-snacks major would build a 1.2 million sq ft hotel in Kolkata at an estimated investment of Rs 860 crore and has already started work on the 600-room property ‘Grand Chola’ in Chennai. Besides, ITC has bought land for building […]
Investment Cos Selling Assets At Throwaway Prices
July 28, 2008 – 7:57 am
Lack of provisions in the country’s bankruptcy laws to deal with cross-border insolvency may force Western investment companies hit by global credit crunch to sell off their assets in the country at throwaway prices instead of being able to sell their worldwide assets in one go to obtain a better price. Since Indian courts do […]
RBI Limits Private And Public Sector Banks For NRI Matters
June 28, 2008 – 1:26 am
NRI loan interest rate depends a lot on the reason of borrowing. When the reason is to invest in share or commercial immovable property market, the interest rate to be paid is higher than any loan borrowed by the NRI to be invested at an employment generating project.
Realty Investors May Get Exit Route
May 21, 2008 – 8:36 am
A few real estate funds are looking for ways to offer an exit route for investors. They are in talks with some of the PE investors who can buy out the assets. This is primarily a precursor to a second fund that is being planned. REMF not comes into this category. Sell the assets at […]
Rupee seen holding at 13-mth lows
May 15, 2008 – 12:54 am
Mumbai: The rupee is likely to hold at thirteen month lows on Thursday as investors wait for the stock market to gauge overseas appetite for local assets, with a dip in the oil price offering some slight respite from current falls. The partially convertible rupee ended down 0.8 % at 42.45/46 per dollar on 14th may, off […]
