investment Archives - Page 18 of 23

5 best investment options to build wealth without taking too much risk

May 29, 2018 Loknath Das5%;, Best, Build, investment, much, Options, Risk, taking, to, Too, Wealth:, Without

Every person needs to make financial planning his top priority today and save for the future. A wise man once said, “Make your money work for you, instead of working for it.” The old adage has held true till date because it aptly highlights the importance of financial planning. Financial planning is more than just monthly or yearly budgeting. It takes into account not only a person’s current needs, but also his future requirements. Still financial planning is a low priority for a majority of people as they perceive it…

IIM-Ahmedabad’s investment arm backs vernacular chatbot startup

May 26, 2018 Loknath Dasarm, Backs, Chatbot, IIM-Ahmedabad’s, investment, Startup, vernacular

DheeYantra Research Labs, the creator of vernacular chatbot platform dhee.ai, has raised an undisclosed amount in seed funding from Centre for Innovation Incubation and Entrepreneurship (CIIE), the incubator-cum-investment arm of Indian Institute of Management-Ahmedabad. The company said in a statement that Gopal Krishna, former managing director of Maxim India Integrated Circuits, and stock market investor Vijay Kedia had also participated in the round. The startup will primarily use the capital to strengthen its sales and marketing initiatives while also investing on feature additions such as adding support for more languages for…

Thane: Man duped by luring into ‘investment’ in frog blood business, accused arrested

May 26, 2018 Loknath Dasaccused, arrested, Blood, business, by, duped, frog, In, Into, investment, luring, Man, Thane:

Representative image THANE: Police on Saturday arrested a man for allegedly duping a city resident by persuading him to invest in the business of supplying ‘frog blood’ to a UK-based firm. Abdul Kadir Ibrahim Kucchi (40) was arrested from Panvel on Saturday morning under IPC section 420 (cheating), senior inspector Nitin Thakre of the Crime Branch said. According to complainant Ninad Telgote, he received an email from Kucchi some days ago, which said there was a great demand for “blue blood of frogs” from a pharmaceutical company in the UK. If he…

Watsa Shuns China as Fairfax Looks for Investment in India, U.S.

May 26, 2018 Loknath DasAs, China, Fairfax, for, In, India, investment, Looks, Shuns, U.S., Watsa

(Bloomberg) — Prem Watsa, the billionaire head of Fairfax Financial Holdings Ltd., sees plenty of opportunities for investment in the U.S. and his native India. He’s less interested in the other Asian powerhouse. “In China, we are less invested,” Watsa said in an interview with BNN Bloomberg Television Friday. “We like democracy. We like business-friendly policies.” Watsa, who emigrated from India 46 years ago, is most excited about the opportunities being created there due to the policies implemented by Prime Minister Narendra Modi. “He’s very business friendly and he’s got a great…

Bajaj Holdings & Investment Ltd’s Q4FY18 consolidated net profit rises 35% yoy to Rs1,080cr

May 19, 2018 Loknath Das&, 080cr, 35%, Bajaj, consolidated, Holdings, investment, Ltd's, net, Profit, Q4FY18, Rises, Rs1, to, yoy

Bajaj Holdings & Investment Ltd Q4FY18 Consolidated Results Q4FY18: (Rs. in cr) Q4FY18 YoY (%) Revenue 6,773.30 38.3 Net Profit (adjusted) 1,079.87 34.7 View Bajaj Holdings Buy Reco. Price 2628 Last updated on 14-May-2018 Know More The main source of income for Bajaj Holdings and Investments Limited (BHIL) in Q4FY18 is dividends, interest and gains on investments held. BHIL holds stake in Bajaj group companies such as Bajaj Auto Limited (BJAUT, 31.54%), Bajaj Finserv Limited (BFSL, 39.29%) and Maharashtra Scooters Limited (MSL, 24%). Consolidated revenue in Q4FY18 was up 23%…

Uganda opens first investment window for tourism businesses to protect biodiversity and boost economy

May 19, 2018 Loknath Das'First, and, biodiversity, boost, Businesses, economy, for, investment, Opens:, Protect, to, tourism, Uganda, window

Uganda yesterday launched the first investment window to seek to harness the financial muscle of the world’s leading hotel and lodge operators to raise vital funds to support and protect Uganda’s wildlife. The offering, which is being facilitated by the conservation charity Space for Giants and its partner the African Wildlife Foundationunder the Giants Club initiative, involves some of the most important wildernesses in the county. Uganda has Africa’s fastest growing elephant population but, with urgent development needs and limited budgets, the country lacks adequate financial resources to fully support its conservation requirements.…