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Alt Mobility raises $10 million from Eurazeo, other investors

Alt Mobility raises $10 million from Eurazeo, other investors

Wed, Nov 27, 2024

Commercial EV leasing and asset management firm Alt Mobility on Wednesday said it has secured $10 million funding in a Series A round led by European VC and PE funds and existing investor, Eurazeo.

Government provides fund to 28 innovators for addressing sharp volatility in retail prices of tomato

Government provides fund to 28 innovators for addressing sharp volatility in retail prices of tomato

Fri, Nov 22, 2024

To address sharp volatility in retail prices of tomato, the Centre has provided funds to 28 innovators under a 'Tomato Grand Challenge' hackathon for improving supply chain as well as processing levels.

SBI raises Rs 10,000 crore through infra bond issuance

SBI raises Rs 10,000 crore through infra bond issuance

Mon, Nov 18, 2024

Country's largest lender State Bank of India on Monday said it has raised Rs 10,000 crore through its seventh infrastructure bond issuance.

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US tariff plan: Wall Street set for weekly losses on trade war fears

US tariff plan: Wall Street set for weekly losses on trade war fears

Fri, Mar 02, 2018

US stock indexes recouped some losses on Friday, but were on track to end the week in the red as investors fretted over a possible global trade war following President Donald Trump`s promise to impose import tariffs on steel and aluminium. Europe has drawn up a list of U.S.

TiE Coimbatore holds funding carnival for startups

TiE Coimbatore holds funding carnival for startups

Fri, Feb 23, 2018

TiE Coimbatore is conducting a 'FundingCarnival " (Mudaleetu Thiruvizha) on March 31 here with an idea of bringing start-ups and young ventures, among others, on a common platform with investors.

Investors in Gitanjali Gems stuck! Stock hits fresh all-time low

Investors in Gitanjali Gems stuck! Stock hits fresh all-time low

Wed, Feb 21, 2018

Investors in Gitanjali Gems suffered another blow on Wednesday with stock plunging 10 per cent to again hit its lowest circuit for the fifth straight day.

E-retail market size to surge 250% in the next 3 years

E-retail market size to surge 250% in the next 3 years

Mon, Feb 19, 2018

The continued focus of major players on existing business segments such as apparel and fashion will drive growth, a report said

Gold rises on weaker US dollar ahead of US inflation data

Gold rises on weaker US dollar ahead of US inflation data

Mon, Feb 12, 2018

Spot gold rose 0.6 percent to $1,323.68 per ounce at 0435 GMT. Last week, the precious metal fell 1.2 percent for a second consecutive weekly decline.

How interest rates vary on Small savings schemes, SCSS; know here

How interest rates vary on Small savings schemes, SCSS; know here

Sun, Feb 11, 2018

The revision in interest rates does not affect old investments except for PPF and SSY.

How will dividend distribution tax affect your mutual fund earnings?

How will dividend distribution tax affect your mutual fund earnings?

Sat, Feb 10, 2018

Finance minister Arun Jaitley in his Budget 2018 speech has proposed to introduce DDT on equity mutual funds at the rate of 10%

Sebi asks MFs to disclose total expense charge on daily basis

Sebi asks MFs to disclose total expense charge on daily basis

Tue, Feb 06, 2018

Pushing for uniformity in disclosures, Sebi has asked mutual fund houses to prominently disclose on a daily basis the total expenses charged to customers for all schemes under a separate head on their websites.

Global Investors' Summit: Assam gets Rs 65,186 cr investment commitments on Day 1

Global Investors' Summit: Assam gets Rs 65,186 cr investment commitments on Day 1

Sat, Feb 03, 2018

Leading from the front, public sector oil behemoth ONGC committed Rs 13,000 crore investment in the state

LTCG is back! Will it halt bull run? Look what experts say

LTCG is back! Will it halt bull run? Look what experts say

Thu, Feb 01, 2018

LTCG tax had been abolished in 2005 i.e. there was no tax on profits if a stock was held for more than a year. Only 15 per cent of STCG was applicable if a stock was sold within one year of purchase, in addition to surcharge and cess.

US Fed leaves rates unchanged, sees inflation rising this year

US Fed leaves rates unchanged, sees inflation rising this year

Thu, Feb 01, 2018

Citing solid gains in employment, household spending and capital investment, the Fed said it expected the economy to expand at a moderate pace

Budget 2018 to test Dalal Street's faith in Modi's government

Budget 2018 to test Dalal Street's faith in Modi's government

Wed, Jan 31, 2018

To keep investors' confidence, Modi's government will need to be seen containing the fiscal deficit, while also increasing spending in key areas of the slowing economy

India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

Fri, Jan 19, 2018

India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

Global Markets: US shutdown fears hurt dollar, Treasury yields at highest since 2014

Global Markets: US shutdown fears hurt dollar, Treasury yields at highest since 2014

Fri, Jan 19, 2018

The dollar index, which measures the greenback`s value against other major currencies, was down 0.3 percent and close to this week`s three-year lows.

HCL Tech Q3 net profit up 6% to Rs 2,194 crore

HCL Tech Q3 net profit up 6% to Rs 2,194 crore

Fri, Jan 19, 2018

The Noida-based firm had posted a net profit of Rs 2,070 crore in the year-ago period, it said in a statement.

Investors pledge big investments at Bengal business meet

Investors pledge big investments at Bengal business meet

Tue, Jan 16, 2018

80% of Bitcoin mined; charm for this cryptocurrency still persists

80% of Bitcoin mined; charm for this cryptocurrency still persists

Tue, Jan 16, 2018

Available for trading since 2009, Bitcoin has a fixed supply capped at 21 million.

From dentistry to sex trade, entrepreneurs catch Bitcoin bug!

From dentistry to sex trade, entrepreneurs catch Bitcoin bug!

Tue, Dec 26, 2017

At least a dozen companies, including some in past few weeks, have been registered in various parts of the country with 'Bitcoin' as part of their names while many more such applications are pending before the Registrars of Companies.

SIPs, STPs are the most trusted plans for MF investors: Experts

SIPs, STPs are the most trusted plans for MF investors: Experts

Tue, Dec 19, 2017

First time investors should be careful while allocating money to equities at a point when the valuations are elevated, according to financial planners.

Multicap mutual fund schemes regain popularity in 2017

Multicap mutual fund schemes regain popularity in 2017

Fri, Dec 15, 2017

Largecap, midcap and smallcap schemes gained more popularity among investors, but the scenario reversed in 2017 when the mutual fund investors started strongly recommending multicap schemes.

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