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

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…

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Bajaj Finance, Cholamandalam Investment, M&M Financial, Ujjivan to get astrological support: Satish Gupta

Weekly planetary position: Moon will be transiting in Scorpio. Lord Jupiter in Scorpio, Venus and Mercury in Libra. Lord Saturn in Sagittarius. Ketu and Mars in Capricorn. Lord Rahu in Cancer. Sun in Virgo, Pluto in Sagittarius. Neptune in Aquarius and Uranus in Pisces With commencement of new Samvat (Hindu New Year), astrologically, based on planetary position, certain new sectors start getting strong astrological support and start outperforming, while some others sectors which were performing earlier start underperforming. Some sectors/stock remains laggard. Based on our experience of over 20 years as financial astrologer,…

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