Business

Challenge is in defining returns, expectations

By Selene 0
Discussing strategies for mutual fund investors were Navneet Munot, executive director and chief investment officer, SBI Funds Management Pvt. Ltd; S. Naren, executive director and chief investment officer, ICICI Prudential Asset Management Co. Ltd; Sanjiv Singhal, founder and chief operating officer, Scripbox; Sharad Singh, co-founder and chief executive officer, Valuefy Solutions; and Vishal Dhawan, founder Read More

Investing in real estate, gold and alternate assets

By Selene 0
There is more to investing than financial instruments such as stocks, debentures and mutual funds. Gold and real estate have been the traditional investments. But now there are several alternate investment funds (AIFs) too, to choose from. Discussing these assets, and more are: Ramesh Nair, chief executive officer and country head, JLL India; Somasundaram P.R., Read More

Long-term investing: fill it, shut it or should you closely monitor it?

By Selene 0
Investments need time to grow. That is why long-term investments can change your life: for better or otherwise. Therefore, while you need the discipline to stay invested, you also need some control over it. Discussing how to do this are: Leo Puri, managing director, UTI Asset Management Co. Ltd; R.M. Vishakha, managing director and chief Read More

Sensex seen hitting record high by end-June as optimism rises

By Selene 0
Bengaluru: India’s benchmark BSE Sensex share index will scale a new record high by mid-year, according to strategists and brokers in a Reuters poll, who have upgraded their forecasts significantly from three months ago. This more bullish view emerges from the poll despite widespread concern since the last Reuters poll over the damage a disruptive Read More

Gold prices rebound Rs200 on Navratri demand

By Selene 0
New Delhi: Gold prices recovered by Rs200 to Rs29,550 per 10 grams at the bullion market on Wednesday on increased buying by local jewellers on account of ‘Navaratras’, even as the metal weakened overseas. Silver also advanced by Rs50 to Rs42,250 per kg on increased offtake by industrial units and coin makers. Traders said sentiments Read More

Global gold prices slip as dollar firms on US interest rate hike cues

By Selene 0
Bengaluru: Gold fell on Wednesday in the face of technical resistance and positive economic data that boosted expectations for further US interest rate hikes this year, supporting the dollar and equities markets. “A resurgent US dollar, along with higher US yields and equities has taken the momentum out of the gold rally for now,” said Read More

True North invests $200 million in KIMS Hospital

By Selene 0
Mumbai: Leading private equity fund True North will invest $ 200 million in Kerala Institute of Medical Sciences (KIMS), a company statement said.  True North (formerly India Value Fund Advisors) will buy about 40% stake in KIMS held by existing investors—Ascent Capital Advisors India Pvt. Ltd & OrbiMed Advisors Llc—and do a primary capital infusion to Read More