Investment Archives - Page 35 of 35

Mutual Funds Roll Out Aadhaar Facility for Investors

March 17, 2016 SrijitaAadhaar, Facility, for, Funds, Investors, Mutual, Out, Roll

New Delhi: To make it easier for investors to buy or sell mutual fund products, fund houses are offering the facility of investing in such products by using the Aadhaar number. The investor can invest online in mutual fund products even if the person is not compliant with Know Your Client (KYC) details. The new service will help investors buy or sell mutual fund (MF) products in a simpler and faster way. The move comes after Sebi issued guidelines to change the existing norms for investing in mutual funds. Quantum…

TeamLease Services IPO Opens: Read This Before Investing

March 17, 2016 SrijitaBefore, Investing, IPO, Opens:, Read, Services, TeamLease, This

As of November 30, 2015 TeamLease had 1.05 lakh associate employees, serving over 1,021 clients and 1,218 full time employees based out of eight offices in India. TeamLease Services, which provides blue collar as well as white collar staff across industry sectors, is selling nearly 50 lakh shares in the price band of Rs 785-Rs 850 through its initial public offer, which hit markets today. Here are the 10 things to know about this TeamLease IPO: 1. Investors have to buy a minimum of 15 shares in the IPO which…

Want to Buy Gold? Here Are The Smart Ways For Investing

March 17, 2016 SrijitaAre, Buy, for, Gold, Here, Investing, Smart, The, to, Want, Ways

After posting negative returns for past three years, domestic gold prices have risen around 13 per cent this year so far. If you are looking to put money in gold, there are multiple investment options like physical gold, gold exchange traded funds (ETFs), and gold bonds. However, it always pays to be aware of the income tax implications of the different schemes. Here is a comparative analysis of various options available. Physical Gold You can buy gold coins or bars from banks and jewellers. Banks sell 24 carat gold with…

Mumbai, Bangalore Ranked Among Cheapest Cities in World: Report

March 11, 2016 SrijitaAmong, Bangalore, Cheapest, Cities, In, Mumbai, Ranked, Report, World

London: Mumbai and Bangalore are among the cheapest cities in the world, according to a top London-based forecast group that named Singapore as the most expensive city. Economist Intelligence Unit (EIU) ranked Singapore as the priciest ahead of Zurich, Hong Kong, Geneva and Paris. It also said India and Pakistan accounted for five of the ten least expensive cities in the world. London was sixth and New York seventh on the list that compared the cost of a basket of goods across 133 cities, BBC News reported. The cheapest were…

Gold Hits 13-month Top On Firm Euro As ECB Signals Rate Cut End

March 11, 2016 Srijita13-month, As, Cut, ECB, End, Euro, Firm, Gold, Hits, On, Rate, Signals, Top

Manila: Gold climbed to a 13-month high on Friday before pulling back slightly, as the euro hovered near a three-week peak against the dollar after the European Central Bank signalled it was done reducing interest rates for now. After rolling out bold measures to boost the euro zone economies, including increased asset buying and a deeper cut to deposit rates, ECB President Mario Draghi on Thursday signalled there would be no further rate cuts. Spot gold rose as far as $1,282.51 an ounce, its strongest since Feb. 3, 2015, and…

Vitara Brezza’s Pricing Could Catapult Maruti In SUV League

March 11, 2016 SrijitaBrezza's, Catapult, Could, In, League, Maruti, Pricing, SUV, Vitara

Maruti is counting on the success of Brezza to make it a dominant player in the utility-vehicle space Maruti Suzuki, which launched its all-new Vitara Brezza model on Tuesday, will benefit from the compact SUV’s aggressive pricing, says Ambit Capital Research. “Brezza has been launched at a starting price of Rs. 6.99 lakh (for the base LDi model). This is around 15 per cent cheaper than the entry-level model of EcoSport and close to 4 per cent cheaper than the entry-level TUV300 model,” the brokerage said. Ambit estimates the Vitara…