Invest Archives - Page 3 of 4

Facebook to Invest $1 Billion in First Asian Data Centre in Singapore

September 10, 2018 Loknath Das'First, 1, Asian, Billion, Centre, Data, Facebook, In, Invest, Singapore, to

HIGHLIGHTS The data centre is slated to open in 2022 Facebook’s facility will be located in the west of the island Data centre isn’t country specific to where users are located: Facebook Facebook said on Thursday it will invest more than $1 billion (roughly Rs. 7,100 crores) to build its first data centre in Asia in Singapore, slated to open in 2022. Facebook’s facility will be located in the west of the island, near where Google is expanding its Singapore data centres in an $850 million (roughly Rs. 61,000 crores) investment as mobile…

Want to invest in ‘value’ stocks like Buffett? Look at these funds

June 26, 2018 Loknath Dasat, Buffett?, Funds, In, Invest, Like, look, stocks, these, to, Want, ‘value’

Value investing is a strategy to spot stocks trading below their intrinsic values. The domestic equity market is going through a rough patch this year amid subdued macroeconomic triggers. Rising crude oil prices, slower-than-expected earnings growth, trade war concerns and a falling rupee have dragged midcaps and smallcaps down by up to 15 per cent so far in 2018. Voices are still echoing in the market that the risk-reward ratio in second-rung stocks is still not in favour of investors despite the recent correction. New investors who have entered the market in…

Why you should invest before the 5th of every month in PPF account

May 10, 2018 Loknath Das5th, Account, Before, Every, In, Invest, Month, of, PPF, Should, The, Why, You

The Public Provident Fund popularly called PPF is a favourite investment for many Indians. The reason for this? The Principal and Interest you earn on the PPF, is guaranteed by the Government of India. This means come what may, the money invested is safe and you earn interest on it. PPF continues to remain a great investment even after decades, simply because the returns earned are tax-free. Sadly, interest offered on PPF has been coming down in recent years. Interest offered on PPF was 8.8% for FY 2012-13. The interest…

Looking to invest in mutual funds? Here’s how to get your KYC done

May 3, 2018 Loknath DasDone, Funds, Get, Here's, How, In, Invest, KYC, looking, Mutual, to, Your

Complying with the Know Your Customer or KYC norms is mandatory for every mutual fund’s investor. It is important for an investor to submit their identity details to the mutual fund houses. AMC’s are required to formulate rules and implement a customer identification program in accordance with the Prevention of Money laundering Act, 2002 (PMLA). These rules and regulation gets updated and is issued by SEBI from time to time. The KYC process is free for the investors. What are all documents required? Firstly, you need to get a KYC…

Nepal needs to invest 49 pct of GDP in 15 years to attain sustainable development goals

February 19, 2018 Loknath Das15, 49, attain, development, GDP, Goals, In, Invest, Needs, Nepal, of, pct, Sustainable, to, Years

KATHMANDU, Feb. 19 (Xinhua) — Nepal will have to invest around 49 percent of gross domestic product (GDP) during the period from 2016 to 2030 in order to achieve Sustainable Development Goals (SDGs), the National Planning Commission said. The commission said in a report that the Himalayan country will have to invest an estimated 17 billion U.S. dollar annually to achieve the SDGs. SDGs – a follow-up on Millennium Development Goals (MDGs) which expired in 2015 – are a set of 17 goals and 169 targets covering a broad range…

Mahindra Group to invest Rs 2,325 crore in Maharashtra

February 19, 2018 Loknath Das2, 325, Crore, group:, In, Invest, Maharashtra, Mahindra, Rs., to

The Mahindra Group today announced over Rs 2,300 crore investment in the state in three projects of which as much as Rs 1,700 crore will be spend towards creating an entertainment destination at Kandivali, a northwestern suburb of the megapolis. Addressing the Magnetic Maharashtrainvestor summit here this evening Mahindra group chairman Anand Mahindra said his software company Tech Mahindra will invest Rs 125 crore to create an all-green tech hub in Nagpur that will create ate least 2,500 jobs. On the Rs 1,700-crore investment announced in the city, Mahindra said, “we are exploring to set…