You are here

Tag: investment

Why 4G ULIPs may be a great investment option for you

Loknath Das, , , , , , , , , ,

The performance of 4G ULIPs is better than most other investment products in terms of returns and charges. In the investment circles, the benefits of investing early in life have been repeated over and over again. By the time most of us realize that we should start saving and investing, we find ourselves surrounded with responsibilities and wonder if we have wasted too much time to buy good investment products. The good news is that it is never too early or too late to start investing. The key lies in…

Read More

Godrej Appliances lines up Rs 500 crore investment

Loknath Das, , , , , , ,

KOLKATA: India’s largest home grown white goods maker, Godrej Appliances plans to invest Rs 500 crore over the next three years to expand capacity and set up a new plant in Pune in a move aimed at completely localising its production process right till the component level. The company’s business head Kamal Nandi said the proposed investment will be to start local manufacturing of front-load washing machines, hi-end frost free refrigerators and air-conditioners, and their components which are currently largely imported. Godrej Appliances last investment was three years back to…

Read More

RIL investment unit buys stakes in Grab, C-Square

Loknath Das, , , , , , ,

NEW DELHI: Reliance Industries controlled Reliance Industrial Investment and Holdings(RIIHL), has picked up majority stakes in two companies, Grab A Grub Services and C-Square Info Solutions, the petroleum-to-retail-to-telecommunications conglomerate announced on Saturday. In two separate filings made to the Bombay Stock Exchange, RIL said that RIIHL has agreed to pay Rs 106 crore to acquire equity shares in Mumbai-based logistics platform Grab A Grub, and will invest an additional Rs 40 crore in the fouryear-old company. “(The deal) is likely to be completed by March 2021.The total investment will translate into about 83% of equity capital in…

Read More

Kotak Mahindra Bank raises foreign investment limit

Loknath Das, , , , , ,

Kotak Mahindra BankNSE -0.36 % Ltd on Tuesday raised the limit on total shareholding of foreign institutional investors and foreign portfolio investors in the company to 45 percent from 43 percent. The hike in the shareholding limit comes as the private-sector lender grapples with a central bank directive on reducing its Chief Executive Uday Kotak’s stake in the bank.   [“source=economictimes.indiatimes”]

Read More

Foreign direct investment inflows fall amid pre-election uncertainty

Loknath Das, , , , , , ,

NEW DELHI: The flow of foreign direct investment into India is dropping and may suffer its first full-year decline since Prime Minister Narendra Modi came to power in 2014. The reversal from strong numbers in Modi’s initial years in charge may indicate that investors are being deterred by the government’s recent protectionist policies and uncertainty about this year’s general election result. Inbound foreign direct investment (FDI) dropped 7 percent to $33.5 billion in the nine months between April and December 2018, compared with $36 billion in the year-earlier period, according to figures released over…

Read More

Subdued animal spirit: Private investment slumbers as uncertainties fester

Loknath Das, , , , , , , ,

Gross fixed capital formation (GFCF) grew strongly at 8.3% and 9.3% in FY17 and FY18 respectively, and is projected to accelerate at 12.2% in FY19. The recent GDP revisions for 2016-17 and 2017-18 would have surprised even an ardent supporter/admirer of the Central Statistical Office (CSO). Unwittingly though, it has made the lives of doubters like this author a lot easier! For, those who repeatedly pointed to the dissonance between these GDP estimates and other lead indicators can now assert with reasonable certainty that the Indian economy has two parallel…

Read More