Investment Archives - Page 16 of 35

Time to buy ‘fear’? Top 10 stocks based on Warren Buffett investment methodology

August 5, 2019August 5, 2019 Loknath Das

Warren Buffett once said “be fearful when others are greedy, and greedy when others are fearful”. Yes, there is plenty of fear on the Street, triggered by both global as well as domestic factors. The tax on super rich, muted corporate results, persistent selling by foreign investors, trade tensions between the US and China, no stimulus from the government to revive the slowing economy are among the sectors at play. A combination of these pulled down benchmark indices below their crucial support levels. The S&P BSE Sensex gave up 38,000,…

Investment projects worth Rs 65,000 crore to be announced in second ground breaking ceremony

July 28, 2019July 28, 2019 Loknath Das000, 65%, Announced, be, Breaking, Crore, ground, In, investment, projects, Rs., Second, to, Worth

Union Home Minister Amit Shah will inaugurate the two-day second ground breaking ceremony in Lucknow on Sunday. (Image | PTI) Union Home Minister Amit Shah will inaugurate the two-day second ground breaking ceremony in Lucknow on Sunday which will see the launch of more than 250 projects worth Rs 65,000 crore. Speaking to India Today, state industrial development minister Satish Mahana said “The first ground breaking ceremony last year was highly successful and this time again more than 250 projects worth around Rs 65,000 crore rupees will be announced in…

Himachal signs MoUs for 228 projects with investment of over Rs 27, 515 cr

July 27, 2019July 27, 2019 Loknath Das228, 27, 515, for, Himachal, investment, MoUs, of, Over, projects, Rs., signs, With

In Himachal Pradesh, the state government has signed memorandums of understanding (MoUs) for 228 projects during the past few months with investment of over Rs. 27, 515 crores. This is for the first time in the history of Himachal Pradesh that entrepreneurs have come forward in such a big number to invest in the state. Chief Minister Jai Ram Thakur disclosed this in Shimla today while reviewing the progress of various developmental projects. He also instructed the concerned departments to speed up all the required clearances in a time-bound manner.…

Fintech platform Zeta secures C series investment from Sodexo; deal values company at $300 mn

July 24, 2019July 24, 2019 Loknath Das

Fintech platform Zeta on Tuesday secured a series C investment from Sodexo Benefits and Rewards (BRS), at a valuation of $300 million. With this new capital, Zeta will look at expanding its business in the United States, United Kingdom, Europe and SouthEast Asia. Starting operations in 2015 in the digital meal benefit market, Zeta over 14,000 corporate clients and more than 1.9 million users using its employee benefits and corporate gifting platform. It has partnerships with organisations such as RBL Bank, IDFC First Bank and Kotak Mahindra Bank. “Today’s banking…

China moves up date for lifting some restrictions on foreign investment to 2020

July 21, 2019July 21, 2019 Loknath DasChina, Date, for, Foreign, investment, Lifting, Moves, On, restrictions, Some, to, Up

BEIJING – China lifted some restrictions on foreign investment in the financial sector Saturday as the world’s second-largest economy fights slowing growth at home and a damaging trade war with the United States. China will remove shareholding limits on foreign ownership of securities, insurance and fund management firms in 2020, one year earlier than originally planned, the Financial Stability and Development Committee said in a statement posted by the central bank. Foreign investors will also be encouraged to set up wealth management firms, currency brokerages and pension management companies, the statement…

How investment platform Groww is making investing as simple as shopping online for millennials

July 19, 2019July 19, 2019 Loknath Dasfor, Groww, How, Investing, investment, Is, Making, Online, Platform, Shopping, simple

“Investing should be as simple as shopping online,” says Harsh Jain, who co-founded Groww, India’s fastest growing investment platform, with former Flipkart colleagues Lalit Keshre, Neeraj Singh and Ishan Bansal in 2017. In fact, it is this simplified approach to investing that is attracting a new generation of first-time investors into the market. According to research by Groww, by 2020, nearly 76 percent of India’s population will comprise of millennials (those born between 1981 and 1996), who are arguably the most digitally-savvy generation ever. They also have very different perspectives than previous generations…