While advocates of payday loans for mortgages cars or any credit say they grant loan access to people with poor or no credit due to not following an easy to use schedule for paydays, critics say these “short term” loans unfairly target minority populations and trap people into lengthy debt cycles. What is the […]
Reiterate ‘buy’ on BGR Energy – TP Rs. 968 Buy call is reiterated on BGR Energy with a one year target price of Rs.968. The stock is currently traded at Rs.763 range. Company has reported 2QFY11 revenue of Rs.1130 crore, which is 143% up y-y and 25.2% q-q. For the 1HFY11, sales
I was just browsing through the net and found something about Outer Banks foreclosures – These are houses, villas, flats etc which are owned by the banks in the US. I found that most of them are pretty much of a steal since some of them could include the furniture as well. Some of them
Hold on Tech Mahindra 2QFY11 numbers are higher than street estimates as the result has included so many extra ordinary items. Excluding these figures, revenue looks slightly better than market expectations. USD revenue growth is at 9.5% q-q, which appears to be a clear positive. Adjusted profit is better than market
L&T Infrastructure Finance Company Limited, a 100% subsidiary of L&T Limited and registered with RBI as an Infrastructure Finance Company has come out with a public issue of Tax Saving Bonds. Issue already open & closes on 02/11/2010. Issue size of Rs.200 Crs. with an option to retain oversubscription upto Rs.500 Crs. Income Tax benefit