Principal Financial to buy Indian lender PNB's stakes in JVsJan 2 (Reuters) - Investment manager Principal FinancialGroup Inc said on Tuesday it would purchase Indianlender Punjab National Bank's minority stakes in theirjoint ventures. The agreement, subject to regulatory approval, would giveIowa-based Principal ... Sify, 2 months ago |
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Rahul Dravid duped by Bengaluru-based, files police complaintFormer Indian cricketer Rahul Dravid has filed a complaint against a Bengaluru-based wealth management firm Vikram Investments for duping him to the tune of Rs 6 crore. Dravid claimed in his complaint to the Sadashiva Nagar police that he invested Rs 20 crore in the company on the assurance of higher returns, but did not even get back the principal amount that he had invested. Dravid said that of the Rs 20 crore money he invested, he received Rs 16 crore back while the company has not ... Rediff.com, 1 month ago
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Prince Charles launches education impact bond for IndiaBritains Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India. The DIB, the largest bond of its type in South Asia, is the latest fundraising initiative by the British ... Deccan Herald, 2 months ago
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Stay invested in MFs with sound track recordIt's best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.Illustration: Dominic Xavier/Rediff.com 2017 turned out to be among the best years since 2009, with the equity markets clocking returns in excess of 30 per cent. If the markets were buoyant, it could be safely concluded that mutual funds, too, had a great run. But this conclusion was put to the test in 2017. Liquidity-driven rally The stock markets closed both 2015 and 2016 on a ... Rediff.com, 2 months ago
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Two Fund Managers For One Mutual Fund Scheme: Is It A Good Idea?Posted by Equitymaster In the last 15-18 months, some high profile fund managers of the Indian mutual fund industry switched jobs -- within the industry. You can imagine how challenging might have been for mutual fund houses or Asset Management Companies ... Equitymaster.com, 4 weeks ago
Mirae Asset Emerging Bluechip Fund: A Cautiously Managed Midcap Fund
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HDFC Balanced Fund: Will Its High AUM Become A Burden On Its Returns?
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How To Select Best Liquid Mutual Funds For 2018 And Why You Shouldn't Ignore The Risk
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Funds for urban development 20% of the need, says experts in AhmedabadFunds for urban development in India is just about 20% of what is needed, experts said on Thursday in Ahmedabad. Long gestation periods and low revenue realisation have raised questions about bankability of the projects, they said. Kenichi Yokoyama, country ... DNA, 6 days ago
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Lenders need to be proactive in monitoring borrowers: RBIPune: Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of leading ... Sify, 6 days ago
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Pai, Munjal-Burman in last lap for Fortis HealthcareFortis Healthcare's Board has rejected two of the four proposals it had received in the last one week, leaving TPG Capital backed Manipal Health Enterprises (MHE) and Hero Enterprise Investment Office-Burman Family Office in the fray. However, the management ... DNA, 6 days ago
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Market Outlook: Geo-political tensions, earnings to drive equitiesMumbai: The ongoing earnings results season, along with the heightened geo-political tensions in the Middle East and a key macro-economic inflation data point are expected to influence the Indian equity markets' trajectory during the coming week, analysts ... Sify, 1 week ago
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How water wars in Karnataka affect BJP's prospectsIf the Cauvery water-sharing dispute between Karnataka and Tamil Nadu -- dating back to 1892 between the erstwhile Madras Presidency under the British Raj and the princely Mysore state -- has exploded again into a war, the discord between Karnataka and Goa over dividing the water of the Mahadayi river simmers under the surface, says Radhika Ramaseshan. The Congress might hope that the Karnataka government's decision to grant a 'minority' status to the Lingayat and ... Rediff.com, 2 weeks ago
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