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Realty sector seeks tax breaks on REITs in line with MFs

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...

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Omaxe Raises Rs 100 Crore Via Private Placement

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...

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Commodity Mutual Funds lift the sensex

MFs that deals with commodity and energy stocks have beaten the Sensex returns as well as the 70% category average returns of diversified equity funds on a year-to-date basis ending 18 September of...

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