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Kotak Fortune Gold creditcard : Interest Free Cash
Kotak credit card’s new card “Kotak Fortune Gold” gives interest free cash for 48 days (all other banks icici,hdfc,sbi charge interest).
Limit for interest free cash is 50% of your credit card limit. i.e. if you have Rs30000 credit limit then you can withdraw Rs15000 cash
interest free for 48 days.
so one can use cash for 47 days and deposit on 48 th day to avoid 3.30% interest and again withdraw cash next day for next 48 days.
More info on Apply Online : Kotak Fortune Gold Card
Also If you buy anything on EMI then for first 3 month’s EMI they don’t charge any interest.
Annul Fee: Free for Life card also no need to open kotak bank Account.
Categories: Credit Card
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Board of Dr Reddy’s Laboratories has okayed bonus debentures valued at Rs 30 per share. The pharma major plans to issue six bonus debentures of Rs 5 for every one equity share held.
Dr Reddy’s said the bonus debentures are to be redeemed at the end of 36 months. “The debentures will carry a coupon rate. The total
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Categories: Market News, Money
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Rel Infra promoters have invested Rs 1,821 crore in the company via warrant conversion. The promoter stake will go upto 43% versus 38%. Promoters have converted warrants at Rs 929 per share, reports
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Categories: Market News
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Kohinoor Foods Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from April 22, 2010 to April 29, 2010 (both days inclusive) for the purpose of 19th & 20th Annual General
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Categories: Dividend, Market News
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former American International Group (AIG) lead man Maurice Greenberg (called “Hank” by most and the “Gangster of Love” by yours truly) has agreed to a staged sale of his AIG shares to UBS (UBS).
On Friday, Starr International (Greenberg’s investment vehicle) issued a filing with the SEC stating that it will sell as many as 10 million shares of
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Categories: Bank, Money, US Markets
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Treasury Secretary Timothy F. Geithner on Tuesday told a congressional panel considering the future of Fannie Mae and Freddie Mac that the Obama administration would seek to keep in place aspects of the housing-finance system that have worked well during the past few decades as it overhauls the parts that did not.
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Categories: Bank, Forex, US Markets
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Midwest home sales improved nearly 10 percent over last year as tax credits and low interest rates continued to motivate buyers.
The National Association of Realtors released figures Tuesday showing 68,000 sales in the 11-state region in February, and the median sales price fell 2 percent to $128,000.
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Categories: Market News, US Markets
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The French government has signalled that it is dropping a plan for a tax on domestic carbon dioxide emissions.
Jean-Francois Cope, parliamentary leader of the governing UMP party, was quoted as saying the tax “would be Europe-wide or not (exist) at all”.
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Categories: Market News, US Markets, World Economy
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Chinese Premier Wen Jiabao has rejected criticism that China is keeping its currency undervalued in order to boost exports.
He said keeping the yuan stable was “an important contribution” to global recovery from the economic downturn. He was speaking at the end of China’s annual parliamentary session.
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Categories: Forex, US Markets, World Economy
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Lehman Brothers Holdings on Monday filed a plan with the U.S. bankruptcy court in Manhattan to wind down its remaining assets and operations — and end the largest U.S. bankruptcy case in history
Under the proposed Chapter 11 plan, a newly created business called LAMCO would manage what is left of Lehman’s
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