Recently Indigo was in news for the biggest order of 180 new generation A-320 to Airbus in the aviation industry. This time they are in news for even better reasons. They have announced that from Sept 1 they will launch flights to Singapore, Dubai and Bangkok from Delhi and Mumbai. Indigo has in the recent past increased their market share and has earned the reputation of a low cost airline. Indigo is doing good and it could be a ‘Wal-Mart’ in the aviation... Read More

Many comprehend that the price agreed by Microsoft, for Skype is double to what it is worth. Neverthless skype is sold for a whopping $8.5 Billion. Skype has exchanged ownership three times after launching in 2003. This is yet another example of how big corporates buy innovative ideas of common people and turn it into a profit generating venture. Small and inexperienced entrepreneurs find it difficult to take it to a level where it is worth a 100 times more. Youtube is the biggest example of undervaluation of wonderful ideas. Facebook owner Mark Zuckerberg in recent times has been the only intelligent person who did not sell his venture and took it to amazing heights, if sold was offered $897 million, today it is worth around $45... Read More

AEGON Religare Rising Star Plan Details & Features AEGON Religare Rising Star Plan aims to help you in doing just that. It not only makes provisions for your children’s future but also ensures that their future remains secured. The annual premium must be a minimum of Rs.12000 for regular policies that are paid every year or a minimum of Rs.50000 for a one-time policy investment. The premiums paid and the benefits received under the policy will be eligible for tax benefits as applicable from time to time. The Minimum Entry age for a child is 0 years and maximum is 15 years and for parents the minimum entry age is 18 years and maximum is 60 years in which case the maximum possible maturity age is 75 years. You can partially withdraw money after first 5 policy years. The maximum amount of partial withdrawal allowed in any policy year is 20% of the fund value at the beginning of that policy year. On maturity, you receive the fund value existing on maturity. If you do not wish to... Read More

Axis Bank introduces its first Titanium Credit card for Frequent Travelers under Mastercard Brand. Travel Rewards: As an Axis Bank Titanium Credit Card holder, you will earn additional PlusPoints on your travel spends. You stand to earn: * 4 PlusPoints for every Rs. 100 spent while traveling abroad. * When you use your Titanium Credit Card in India: o You will earn 2 PlusPoints for every Rs. 100 spent on hotel, holiday packages, airlines, train and bus bookings. o For all other spends, you will earn 1 PlusPoint for every Rs. 100 spent * If you choose to travel by your own car, Axis Bank Titanium Credit Card provides you 2.5% surcharge refund on your Fuel transactions (for transactions between Rs. 400 and Rs. 4000). * PlusPoints earned on Titanium Smart Traveler Credit Card can be converted to Air Miles (JP Miles & King Miles). No PlusPoints will be awarded on Fuel Spends, Balance Transfer, Cash Withdrawal and transactions converted to EMI.... Read More

Elss funds are Equity linked Saving Scheme. Where the money you invests is put in equity markets while you get the tax benfits also. These funds have 3 year lock in period which is lowest for any tax saving instrument. We are listing top 10 ELSS saving scheme for Year ended 2010-2011 on basis of their average annualized returns for past three years 1.) Canera Robeco Equity Tax Saver : Annualized Return for past 3 years = 17.90% 2.) Fidelity Tax Adavantage : Annualized Return for past 3 years = 15.51% 3.) Hdfc Tax Saver : Annualized Return for past 3 years = 15.28% 4.) Icici Prudential Tax Plan : Annualized Return for past 3 years = 14.97 % 5.) Reliance Tax Saver : Annualized Return for past 3 years = 14.6% 6.) Sahara Tax Gain : Annualized Return for past 3 years = 14.10% 7.) Tauraus Tax Shield : Annualized Return for past 3 years = 14.07% 8.) Franklin India Tax shield : Annualized Return for past 3 years = 13.43% 9.) Hdfc Lt Advantage : Annualized Return for past 3 years =... Read More

The majority of the concern comes from the fact that the Arab nations are not supplying any oil. The OPEC nations constitutes 1.6 million barrel a day. That is the reason that oil prices have sky rocketed. Benchmark crude for May delivery was down 26 cents to $105.47 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract added 78 cents to settle at $105.75 on Wednesday, the highest since Sept. 26,... Read More