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Joseph Henry to Join AXIS Capital as Chief Financial Officer
PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that Joseph Henry will join the Company as Chief Financial Officer on June 18, 2012.
Reliance buys stake in HDFC, ICICI Bank and Axis Bank
The banks whose shares Reliance Industries Ltd (RIL) has acquired also include HDFC Bank, SBI, Punjab National Bank and Canara Bank and these have been classified among 'long-term investments' of the country's biggest private sector company in its ...
Beta Wind Farm to invest Rs 1857 cr in TN, Gujarat, Andhra
A consortium of 10 banks, led by Axis Bank, has sanctioned Rs 1,236 crore as a rupee term loan to Beta, which is engaged in generation, accumulation, transmission, distribution and supply of electricity, besides setting up of and/or maintenance of wind ...
Know all about investing in Non-Convertible Debentures
The capital gains have different taxability. Short term capital gains which arises by selling NCD before one year is taxed as per the income slab of individual holding the instrument. Any gains which arises by selling NCD after one year and before ...
Markets volatile: Which stocks should one buy now?
suresh asked, Sir, I hv 50 Axis Bank @ 1750 and 100 ICICI @ 883. these are down now. Should I hold or exit? Vinay answers, Dear Suresh, We would recommend to hold, in private sector Axis ... mit asked, I have to invest in Jai Corp Ltd. Please tell me ...
Joint ownership isn't a hurdle to tax benefit
Recently, Kapil Kumar (named changed) claimed exemption (under Section 54F) for capital gains he earned from sale of a plot of land by buying another residential property.
Monarch Health IPO: Who is the real promoter of company?
Mumbai-based Monarch Health Services Ltd (MHSL) proposes to offer public 15 lakh equity shares of Rs 10 each at a fixed price of Rs 40 a piece aggregating to Rs 6 crore.
Fairbridge Capital buys 77% stake in Thomas Cook India for Rs 810 cr
Fairbridge Capital, a fully-owned arm of Toronto-based Fairfax Financial Holdings, has purchased the 77.1 per cent stake in Thomas Cook India from the latter's Britain-based parent for Rs 810 crore.
IFC to make Rs 150-cr equity investment in Equitas & Ujjivan MFIs
International Finance Corporation (IFC) is to make an equity investment of around Rs 150 crore in Chennai-based microfinance company Equitas Holdings Pvt Ltd and Bangalore-based Ujjivan Financial Services. These would help both microfinance ...
Great moments in pedantry: Winter is coming. But why?
Earth's seasons are caused by the tilt of its axis of rotation - a 23.4� offset of the axis to be exact. The direction of the Earth's rotational axis stays nearly fixed in space despite the fact that we're also revolving around the Sun. As a result ...