Discrimination faced by Mumbaikars...
If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.
Thursday, September 26, 2013
Muthoot Finance NCDs oversubscribed; gets offers worth Rs.325 cr
India's leading gold finance company Muthoot Finance said its non-convertible debenture issue has been oversubscribed by 1.084 times.
Sep 24, 2013: India's leading gold finance company Muthoot Finance today said its non-convertible debenture (NCD) issue has been oversubscribed by 1.084 times.
The issue has received total subscription of Rs.325.20 crore, Muthoot Finance said in a statement.
The company came out with NCD issue earlier this month worth Rs.150 crore with an option to retain over-subscription up to Rs.150 crore, aggregating to Rs.300 crore.
It said the funds raised through this issue will be utilised by for various financing activities including lending and investments, to repay existing loans and towards business operations.
Mumbai, September 17, 2013: Muthoot Finance Limited, the largest gold financing company in India in terms of loan portfolio according to the IMaCS Industry Report, 2012 Update, made a public issue of secured, redeemable, non-convertible debentures ("Secured NCDs") and unsecured, redeemable, non-convertible debentures ("Unsecured NCDs") (Secured NCDs and Unsecured NCDs are collectively referred to as "NCDs") of face value of Rs.1,000 each aggregating upto Rs.150 crores with an option to retain oversubscription uptoRs.150 crores, aggregating to Rs.300 crores ("Issue"). The Issuehas been oversubscribed with the total subscription at Rs.325.20crores. The Issue had several investment options and yields on redemption (with maximum yield of 12.55% (per annum) for Option IX Secured NCDs) as specified in the prospectus dated August 28, 2013 filed with the Registrar of Companies, Kerala and Lakshadweep ("Prospectus"). The Issue opened on September 02, 2013, andclosed on September 16, 2013.