LetsVenture to expand scope of investment platform

To focus on a new vertical that helps family offices find investment opportunities in startups. LetsVenture, a Bengaluru-based technology platform that connects angel investors with startups, is expanding its scope to address the needs of growth-stage startups. Besides, it would also focus on a new vertical that helps family offices find investment opportunities in startups. “As an extension of the support to early growth stage entities, we have recently started `Let’s Go’ to support the funding needs of startups that matured to the growth stage,” said Shanti Mohan, founder and…

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No white elephants please! Where not to invest RBI surplus of Rs 1.76 lakh crore

Bimal Jalan panel’s decision to recommend transfer of Rs 1.76 lakh crore of RBI’s reserves and excess provisions to the government of India has rightly raised a host of questions about where the money would be deployed. Just as brazenly the Centre managed to transfer the reserves, the expectation was that their deployment would be equally transparent. If there were hopes from finance minister Nirmala Sitharaman’s press conference in Pune to throw light on the question, those were dashed. But more than where they are deployed, it’s important to understand…

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Political stability makes India an investment hub: PM Modi urges NRIs to invest in J&K

Prime Minister Narendra Modi on Saturday said “political stability and predictable policy framework” have made India an “attractive” investment destination as he urged the Indian business leaders in the UAE to invest in Jammu and Kashmir, which he said could emerge as the country’s growth engine. Addressing a group of NRI business community in the UAE capital Abu Dhabi, Modi thanked them, saying they have made a vital contribution to India’s economic growth. Highlighting the economic opportunities in India, he said, “Political stability and predictable policies framework are key driving…

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Mutual Fund Investment: Want better returns? 5 immunity boosting funds to SIP this monsoon

The mutual funds mentioned below will provide stability and performance considering the current market scenario. With uncertainty gripping the world with important external events like US-China Trade War, US-Iran faceoff and internal events like slowdown in economy in India in terms of Auto and FMCG sales, it makes sense to invest in the equity market via mutual funds systematically, thereby enabling the investor to take advantage of the Lows and Highs faced by the market. The below-mentioned mutual funds cater to different categories like Large Cap, Mid Cap, Small Cap,…

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For good returns, equity investment should be held for these many years

Equity investments should be held for at least seven years for good returns > For a large cap equity find, what should be the ideal holding period if I invest a lumpsum amountnow? – Parikshit Equity investments should be ideally held at least for a horizon of more than seven years. A longer horizon allows a fund manager to stick to stocks wherein he has high degree of conviction, which may need time to play out depending on the stage of the economic cycle. Equity is more volatile and its…

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ONGC charts out ₹83,000-cr investment on 25 projects

Oil and Natural Gas Corporation Ltd (ONGC)will invest close to ₹83,000 crore on 25 major projects. ONGC Chairman and Managing Director (CMD) Shashi Shanker said, “Fifteen of these projects that are currently under execution will directly contribute to oil and gas production. The cumulative oil and gas gain from these projects is expected to be over 180 million tonnes of oil equivalents (MMtoe) in their life-cycle.” He was addressing company employees at the 73rd Independence Day. ONGC envisages a gas output of over 32 billion cubic metres (BCM) by financial year…

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