Here’s how Systematic Investment Planning can help meet your financial goals

Sundaram Mutual in association with ET NOW has come out with the ‘Sahi SIP’ initiative which aims to encourage people to start saving and investing in a systematic and flexible manner in mutual funds Here’s how SIP can help meet your financial goals We all have aspirations in life, which act as a driving force to work harder and dream bigger. These aspirations define both the short and long-term goals of life and propel us towards planning a host of financial decisions. It always pays to set the goals and…

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5 top investment options for millennials in 2019

Successful investing is about managing risk, not avoiding it, said Benjamin Graham, a British-born American investor who was known for his theories on investment. His quote has become a mantra for several Indian millennials who seek exciting investment opportunities in lieu of textbook options. Experts explain that the herd mentality’ in investment, where children follow the path shown by parents, has witnessed a sharp reduction. It indicates that young investors are now looking for diverse options rather than opting for traditional fixed deposit or tax-saving post office schemes. Most youngsters…

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There’s no place like home, and retirees say they’ll renovate in order to stay

CNBC Survey: Millionaires bullish on economy and stock market   2:30 PM ET Thu, 20 Dec 2018 | 01:38 The 2020 race for the White House is just barely under way, but the latest CNBC Millionaire Survey shows some troubling signs for the incumbent President Donald Trump, including an energized base of wealthy Democrats and unsteady support from wealthy Republicans. Just 34 percent of America’s millionaires say they would vote to re-elect President Trump if the election were held today. Among Republicans, Trump has lost more than one-third of wealthy voters,…

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Ola Invests $100 Million In Scooter Sharing Firm Vogo To Supply 100,000 Scooters

  Bhavish Aggarwal, Co-founder & CEO with Anand Ayyadurai, Founder & CEO, Vogo App-based ride-hailing platform Ola has announced that the company will be investing $100 million (around ₹ 710 crore) in Vogo – India’s fast-growing scooter sharing network. The investment will go into the supply of 100,000 scooters by Vogo that will be used for short commutes. The collaboration will help Vogo gain a strategic supply advantage without having to incur signfiicant capital expenditure, while Ola’s 150 million customer base will be able to use Vogo’s services directly from…

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Vivo to Invest Rs. 4,000 Crores for New Mobile Phone Plant in India

Chinese smartphone maker Vivo on Thursday announced an additional investment of Rs. 4,000 crore for over a period of four years towards opening a new manufacturing plant on the Yamuna Expressway in Uttar Pradesh that will generate 5,000 jobs in its first phase of expansion. The new 169-acre land has been acquired near the existing 50-acre manufacturing facility that will help expand Vivo’s manufacturing capabilities and support its continued growth in the country, the company said in a statement. The Rs. 4,000-crore investment, which does not include the cost of…

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Mapletree to invest in logistics assets in India

The firm has appointed Souvik Mukherjee to head logistics development in the country. Photo: Bloomberg Bengaluru: In its second innings in India, Singapore-based real estate asset manager Mapletree Investment Pte. Ltd is gearing up to invest in the logistics space, apart from core office assets, said three people familiar with the plans. Logistics development is a strategic call for Mapletree, which is looking at creating a long-term investment and development portfolio across key cities. The firm has appointed Souvik Mukherjee to head logistics development in the country and for office…

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