Investment Archives - Page 10 of 35

Exclusive: Sachin Bansal on his investment strategy, his special interest in finance and the sectors he is bullish about

November 27, 2019November 27, 2019 Loknath Das'Special, and, Bansal, bullish, EXCLUSIVE:, Finance, he, His, In, interest, investment, Is, On, Sachin, sectors, strategy, The

Flipkart co-founder Sachin Bansal, who has turned a devout investor after his exit from the ecommerce company, has turned his attention to the financial services sector. Bansal recently became CEO of Chaitanya Rural Intermediation Development Services, an NBFC focused on providing microfinance to lower economic groups in rural areas after he acquired a 90 percent stake for more than $100 million. Bansal, 37, told CNBC-TV18 in an interview that he is looking at a “long-term stint” at Chaitanya India Finance. “Chaitanya is a 10-year-old company with a target of lower-income…

Top investment options for Senior Citizens: Find out what benefits you the most

November 19, 2019November 19, 2019 Loknath DasBenefits, citizens, Find, for, investment, Options, Out, Senior, The, Top, What, You

Here are the top 3 options you can choose from depending on your need: The risk appetite of individuals changes along with the expectations of returns. People who have saved for retirement face the challenge of not outliving their savings that they have accumulated over the years. To stay clear of this, financial experts suggest opting for financial instruments that minimize the risk of investment and also give assured returns. There are various financial instruments in the market that offer special benefits to senior citizens — not only limited to…

EXCLUSIVE: LIC’s equity investment in FY20 likely to reach above Rs 70,000 cr, an all-time high

November 15, 2019November 15, 2019 Loknath Das000, 70, above, all-time, an, Cr, equity, EXCLUSIVE:, FY'20, In, investment, LICs, Likely, Reach, Rs., to

Life Insurance Corporation of India (LIC) is likely to end FY20 with an all-time high equity investment (gross) of around up to 72,000 crore, an all-time high, sources said. In FY19, LIC invested around Rs 68,620 crore into the equity market. “We have already crossed Rs 33,000 crore and the second half of the year is expected to be robust considering the new business premiums have also seen a high growth,” said an official. While the year-on-year (YoY) growth will be 3.5 percent, LIC’s equity investments hold significance because it is…

Sinclair leads $10.3M investment in rideshare advertising startup Octopus

November 8, 2019November 8, 2019 Loknath Das$10.3M, Advertising?, In, investment, Leads, rideshare, Sinclair, Startup

Octopus Interactive, a startup bringing an interactive TV and ad experience into Uber and Lyft rides, has raised a $10.3 million funding round led by Sinclair Digital Group. Backseat TVs mixing show snippets and commercials have become a common part of the taxi experience in New York City and elsewhere. Octopus is offering something of a more interactive version of this concept to rideshare drivers, who can use it to keep their passengers entertained and also earn extra money. Octopus says it provides drivers with tablets that combine games (which…

Adani Group moves Bombay HC seeking to stop investment into GVK Airport Holdings

November 6, 2019November 6, 2019 Loknath DasAdani, airport, Bombay, group:, GVK, HC, Into, investment, Moves, Seeking, Stop, to

According to GVK’s counsel, a deposit of around Rs 1,254 crore was made into an escrow account on October 29. The Adani Group on Tuesday moved the Bombay High Court (HC) seeking to restrain the GVK Group from completing an investment transaction of GVK Airport Holdings, the holding company of Mumbai International Airport (MIAL), without first giving a notice on right-of-first-refusal (RoFR) to Bid Services Division (Mauritius), which holds 13.5% in the airport. The move follows GVK’s announcement last week that a subsidiary of National Infrastructure Investment Fund (NIIF), Abu…

5 Investment Ideas For Those Looking To Invest Rs 1-5 Lakhs

November 5, 2019November 5, 2019 Loknath Das1-5, 5%;, for, ideas, Invest, investment, looking, Rs., those, to

If you are looking to invest Rs 1-5 lakhs, you should look at investments that are safe and yield good returns. If you are looking at a longer term tenure of 3-5 years, there are many instruments. Here are a few that you could consider: Fixed Deposits of Bajaj Finance The fixed deposits of Bajaj Finance are not a bad bet, if you are looking at a medium term tenure of 3-4 years. A 36-month deposit offers an interest rate of 8.35 per cent, which is not bad at all.…