There was a time not so long ago when luxury handbags made the loudest status statement. If you wanted to claim that you have arrived, without really using words to that effect, one just bought a luxury handbag, the cost of which onlookers could only guess would go into a few lakhs. Things have evolved … Read more
Premier Energies initial public offerings (IPO) garnered ₹846 crore in anchor book round a day before it opens for subscription on August 27. According to the exchange filing, the Hyderabad-based integrated solar cells and solar modules manufacturer allocated 18,802,666 equity shares to anchor investors at anchor investor allocation price of ₹450 per equity share. “The … Read more
There are layers upon layers, from rent to the time of selling to home loans. For instance, most of the rules applicable to a house or commercial property are not applicable to land. If a land owner earns rent, lease, or any other form of income on vacant land (without any construction), such income is … Read more
Bengaluru-based investment management firm Capitalmind Financial Services Private Limited has received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch new mutual fund. According to a company press release, this milestone occurred simultaneously with the company’s 10th anniversary. “Receiving SEBI’s in-principle approval for a mutual fund is both an honour and … Read more
In India, health insurance remains optional and the healthcare system is divided into public and private sector, with free healthcare services available only at government facilities under the public sector. Industry estimates reveal that the health insurance market is significantly underpenetrated, with nearly 40 million people lacking any health cover. Lack of awareness, affordability issues … Read more
Of course, this is a broad and generic checklist, but it would work for almost everybody. In the previous article on whether you should allocate your capital to bullion, and if yes, how much, we made a bullish case for bullion. Now bullion would include both, gold and silver. Logically, investors will start second guessing … Read more
It is understandable that procuring a personal loan is the last resort for a lot of people. Every time a salaried individual encounters financial trouble, the first option that s/he thinks of is to procure a personal loan. A personal loan is an unsecured loan which can be processed seamlessly by applying with a bank or an NBFC and … Read more
Buy or sell stocks today: The Indian domestic stock market index Nifty closed flat after Friday, August 23’s trading session. The index closed 0.05 per cent higher at 24,823.15 points, compared to 24,811.50 points in its previous trading session. The domestic indices closed flat even though the major Asian and European markets were positive. The … Read more
If you are a retail investor and are exploring multiple mutual fund schemes to invest into, you are likely to examine the past returns delivered by the schemes across categories. Although the past returns do not guarantee a scheme’s future returns, they are still considered too important to be ignored. Here we scan through a … Read more
The initial public offerings (IPO) of Premier Energies is all set to open for subscription on August 27. The mainboard segment IPO will remain for bidding till August 29. The company, which manufacturer of integrated solar cell and solar panel, has set the price band at ₹427 to ₹450 per share, with a face value … Read more