2 min read Last Updated : Oct 11 2024 | 8:25 PM IST Private equity firm Amicus Capital on Friday announced that it has invested Rs 125 crore in Equirus Group, a late Rakesh Jhunjunwala-backed financial services firm, for an undisclosed stake. The investment is a combination of primary and secondary purchase of […]
LC Nueva Investment announces new venture capital fund to raise Rs 250 cr
2 min read Last Updated : Oct 07 2024 | 8:57 PM IST LC Nueva Investment Partners has announced its second venture, LC Nueva Momentum Fund, with total target corpus size of Rs 250 crore. LC Nueva Investment Partners is a partnership between Singapore’s Lighthouse Canton and Delhi-based Nueva Capital. Click here to […]
Factor investing gets popular: Axis Nifty500 Value 50 Index Fund launched
4 min read Last Updated : Oct 03 2024 | 1:43 PM IST Axis Mutual Fund on Thursday launched its new fund offer- Axis Nifty500 Value 50 Index Fund. This open-ended index fund aims to replicate the performance of the Nifty500 Value 50 Total Return Index (TRI). The New Fund Offer (NFO) opens on […]
AT&T sells 70% stake in DirecTV to private equity firm TPG for $7.6 bn
1 min read Last Updated : Sep 30 2024 | 4:04 PM IST AT&T said on Monday it would sell its 70% stake in satellite TV service DirecTV to private equity firm TPG for $7.6 billion, exiting a business marked by declining distributions for the telecom operator. AT&T in 2021 signed a […]
Golden Growth Fund to raise Rs 400 cr to build realty projects in Delhi
2 min read Last Updated : Sep 10 2024 | 5:31 PM IST Golden Growth Fund, which is a real estate focused Alternative Investment Fund (AIF), plans to raise Rs 400 crore from investors to buy land and develop real estate projects in the national capital. In a statement, Golden Growth Fund, a […]
MFs, AIFs to gain higher weight in family office portfolios: Report
This allocation, Sundaram Alternates said, is expected to go up in the coming years as “AIFs are gaining traction among family offices as a preferred tool for accessing private markets and startups”. Image: Shutterstock 2 min read Last Updated : Aug 28 2024 | 7:44 PM IST Family office portfolios are expected to increase […]
‘Govt may let foreign investors raise capital in rupees to invest overseas’
2 min read Last Updated : Aug 22 2024 | 8:57 PM IST India may allow certain foreign investors to raise capital in rupees for investments in select countries, a government official said, in a move aimed at boosting the international use of the South Asian nation’s currency. The plan comes after Indian […]
MIF launches one-stop portal for NRIs; will help resolve tax issues
1 min read Last Updated : Aug 22 2024 | 4:41 PM IST The Marwari International Federation (MIF) has launched a taxation vertical to provide hassle-free tax-related information to Rajasthan-based non-resident Indians (NRIs). Owing to tax-related changes in India, Rajasthani NRIs face difficulties related to investment provisions in India, Vijay Garg, founder and […]
Top 20 Indian Stocks to Watch: Comprehensive Investment Analysis for FY24-25
Top 20 Indian Stocks to Watch: Comprehensive Investment Analysis for FY23-24 S tock Comparison Chart Stock Historical Growth P/E Ratio Return on Equity (ROE) Debt-to-Equity Ratio Dividend Yield Market Position Reliance Industries Ltd (RIL) Consistent revenue and profit growth Relatively high High Manageable levels Moderate Diversified; energy, telecom, retail leader Tata Consultancy Services (TCS) Robust […]
BTIG says S&P 500 will be stuck in a range, but thinks these stocks can outperform
The S & P 500 may be due for a pullback, but some individual names could be relative outperformers, according to BTIG. Wall Street has been in for a bumpy ride as of late. Last week, the S & P 500 dropped nearly 2% in its worst week since April, as investors rotated out of […]