3 questions to ask before acting on an investment advice

Investors, on most occasions, fail to do due diligence and end up acting on information provided by peers or those who don’t possess enough market intelligence and experience. When 35-year-old Kishore received an SMS from an unknown number regarding investments and how to gain double-digit returns from stock markets, he wasted no time in contacting […]

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Centre to discuss on pension fund investment in startups: DPIIT Secretary

Inter-ministerial body will also examine call for priority sector lending The government will initiate discussion on the possibility of channelising a part of employee provident fund (EPF) investments into financing startups, a senior government official has said. “There is a major demand from startups for the government pension fund in India to carve out a […]

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Want To Improve The Social Determinants Of Health? Here Are 8 Solutions

This wasn’t your typical discussion about social determinants of health. Today at Day 2 of this year’s Forbes Healthcare Summit in New York City, one of the sessions bore the title, “Four Solutions to Improving the Social Determinants of Health, Right Here, Right Now.” Yes, that’s the word “solutions” in the title. Not “problems” or […]

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Muthoot Finance to buy IDBI Bank’s MF business

Gold loan financier Muthoot Finance Ltd is in advanced stages of acquiring IDBI Asset Management Ltd, the mutual fund unit of Life Insurance Corp. of India (LIC)-owned private sector lender IDBI Bank Ltd, three people aware of the development said. “The deal is expected to close this week. Initially, the binding offers had come in from Muthoot Finance and Vikas […]

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Youth turned to crime to fund his lavish lifestyle, arrested

New Delhi: A 25-year-old youth was arrested at Inderlok Metro Station on October 12. Police said that the accused, to live a lavish lifestyle, started committing the crime. Police identified the accused as Pradeep Kumar. He left his studies after BA Ist Year from SOL, Delhi University. “He is very fond of living a high-standard […]

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Cholamandalam Investment & Finance Company Q2 Net Profit may dip 0.3% YoY to Rs. 304 cr: KR Choksey

KR Choksey has come out with its second quarter (July-September’ 19) earnings estimates for the NBFC sector. The brokerage house expects Cholamandalam Investment & Finance Company to report net profit at Rs. 304 crore down 0.3% year-on-year (down 3.3% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 11.2 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 812 crore, […]

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