Strike when the iron is hot. Banking on the bullish market sentiments, National Highways Authority of India (NHAI) plans to issue capital gains bonds worth Rs 2,000 crore on Monday.
The bonds, with a face value of Rs 10,000, carry an annual coupon rate of 5.50% and a lock-in period of three years. An individual investor can invest up to Rs 50 lakh in the tax-free bonds, as per the issue conditions. The issue would close on March 31, 2008, or once the target is met.
Some of the country’s
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
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