Month: January 2008

Below are all the posts archived for the month.

Virgo Engineers Limited – IPO
in IPO/NFO

Business of Virgo Engineers Limited     Virgo Engineers is in the business of manufacturing automated and manual valves. These valves are used in industries such as oil and gas, manufacturing and process industries for the purpose of flow control. The company was founded in 1987 and the promoters have a rich experience in the
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Sejal Architectural Limited – IPO
in IPO/NFO

Business of Sejal Architectural Glass Limited Sejal Architectural Glass is in the business of processing glass with facilities for insulating, toughened, laminated and decorative glasses. The company’s plant is at Dadar and it commenced operations in 2000-01. The company currently processes and markets glass and as a step towards backward integration now plans to set
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Nu Tek India Limited – IPO
in IPO/NFO

Business of Nu Tek India Limited   Nu Tek is a telecom infrastructure services provider company which offers infrastructure rollout solutions for both fixed and mobile telecommunications network. Nu Tek offers services to telecom equipment manufacturers, telecom operators as well as third party infrastructure leasing companies. Nu Tek undertakes turnkey projects providing management expertise and
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Jaiprakash Power Ventures – IPO
in IPO/NFO

Business of Jaiprakash Power Ventures   Jaiprakash Power is in the business of planning, developing and implementing power projects in India. The company was formed in 1995 and is part of the Jaypee group. Jaiprakash power currently operates the largest hydro electric power plant in the country which is a 400 MW run-of-the-river hydroelectric power
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Bang Overseas Limited – IPO
in IPO/NFO

Business of Bang Overseas Limited   Bang Overseas was incorporated in the year 1992 and is in the business of fashion fabrics and ready to wear requirements in apparel, retail and textile segment. The company has evolved from trading in textiles in its early days and then moving to conceptualizing, designing and outsourcing of fashion
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PNC Infratech Limited – IPO
in IPO/NFO

Business of PNC Infratech Limited   PNC Infratech Limited was incorporated in 1999 and is headquartered in Agra. The company is in the business of engineering and construction and engages in infrastructure projects like highways, bridges, flyovers and airport runways among others.   PNC Infratech has execute 14 projects till date, out which 12 have
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Taxes on Mutual Funds in India
in Tax

Equity oriented mutual funds are those mutual funds which invest more than 65% of their funds in equities. Dividend income received from such mutual funds is exempt from tax for domestic investors. If an investor sells their equity oriented mutual funds then any capital gains on those is also not taxable. But to qualify for
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UTI Asset Management Company – IPO
in IPO/NFO

Business of UTI Asset Management Company   UTI Asset Management Company provides asset management services through mutual funds, portfolio management services, and managing venture capital and private equity funds. The total assets under management as on 30th September were Rs. 495,418 million and is the second largest mutual fund provider in India. The company’s assets
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