Tag Archives: Mutual Fund

Omaxe Raises Rs 100 Crore Via Private Placement

May 26, 2008 – 6:19 am

Real estate firm Omaxe Ltd said on Monday that it has raised 1 billion rupees through private placement of debentures to LIC Mutual Fund.
The company also said that it is planning to acquire companies overseas, including in the United Arab Emirates.

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Realty sector seeks tax breaks on REITs in line with MFs

February 28, 2008 – 4:47 am

Realty sector hopes that Finance Minister P Chidambaram will provide tax breaks on REITs in line with the Mutual Funds while he unveils the Union Budget on February 29.
Market regulator SEBI has already come out with a draft guideline to allow Real Estate Investment Trusts (REITs), but there was no mention on the tax breaks [...]

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