TeamLease Services advances 4% on increasing FPI investment limit to 75%

Shares of TeamLease Servicesrose 4.6 percent intraday Thursday on increasing foreign portfolio investment (FPI) limit. The company received approval from Reserve Bank of India (RBI) for increase in FBI investment limits under portfolio investment scheme from 24 percent to 75 percent of the paid up capital of the company pursuant to board and shareholders approval. Accordingly, […]

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Rouhani to push for investment

Iranian President Hassan Rouhani speaks during a meeting with Muslim leaders and scholars in Hyderabad on February 15, 2018.   | Photo Credit: Reuters ‘India, Iran on the same positive track’ Indian investment in Iran, including billions of dollars in connectivity, infrastructure and oil projects topped the agenda as Iranian President Hassan Rouhani arrived for a three-day visit […]

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Latest on India’s Cryptocurrency Landscape: Regulations, Exchange Safety, KYC, Investing And Future Of Blockchain

Whether you believe in cryptocurrencies or not, the asset class has gained a lot of traction and acceptability among market participants. India is now becoming one of the biggest trading hubs of cryptos and things will only get bigger once domestic policymakers lay out a clear regulatory framework for this space.   Like equities, investors […]

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Foxconn might go back on committed $5 bn investment in Maharashtra: Desai

Maharashtra Industries Minister Subhash Desai today hinted that Taiwanese contract manufacturer Foxconn may go back on its committed USD 5- billion investment in the state.”Foxconn has not come and I feel as bad as you do. But we do not regret it, we are discussing with other companies,” Desai told reporters when asked about the progress investment commitment made by the world’s largest contract manufacturer of smartphones’ including […]

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Budget 2018: Govt estimates Rs50 trillion investment for infrastructure

Starting with an allocation of around Rs1.81 trillion in 2014-15, the budget share of infrastructure has reached Rs3.96 trillion in 2017-18, almost double in four years. Photo: Pradeep Gaur/Mint New Delhi: India will need Rs50 trillion in investments in roads, air, rail and inland waterways, finance minister Arun Jaitley said on Thursday, terming infrastructure development as […]

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Budget 2018: Higher tax sops & increased investment limit under PMVVY makes senior citizens happy

Senior citizens were looking at the Budget 2018 with a lot of hope and Finance Minister Arun Jaitley too reciprocated with announcements that would reduce the stress for senior citizens. The Budget 2018 offered to increase the investment limit under Pradhan Mantri Vaya Vandana Yojana to Rs 15 lakh from extant limit of Rs 7.5 lakh. The Union Budget 2018 also […]

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Senior Citizen Savings Scheme Vs PMVVY Vs Post Office MIS

PMVVY: Senior citizens are guaranteed 8 per cent interest rate for 10 years Senior Citizen Savings Scheme and Post Office monthly income schemes are one of the most popular investment options to earn monthly income.  The Pradhan Mantri Vaya Vandana Yojana (PMVVY), which also provides monthly income, was launched in May 2017.  In each of […]

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Within 24 Hours Of Launch, Trump Towers In Gurgaon Sells 20 Apartments For Rs. 150 Crore

The Trump Towers project offers 250 ultra luxury residences between Rs. 5 crore and Rs. 10 crore GURGAON:  HIGHLIGHTS Trump Towers made its debut in north India in Gurgaon yesterday M3M India is developing this project at an investment of Rs.1,200 crore Company targeting Rs. 2,500 crore from sale of 250 units in this project Realty firm M3M India today said it […]

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