GPT Healthcare share price dips after strong listing. Buy, sell or hold?

GPT Healthcare share price is listed on BSE and NSE at around 16 percent premium against the issue price of ₹177 to ₹186 apiece. On BSE, GPT Healthcare share price opened at ₹216.15 per share level and went on touch an intraday high of ₹219.70 apiece. On NSE, GPT Healthcare share price was listed at … Read more

How to ensure fair distribution of assets in an estate plan?

How to ensure fair distribution of assets in an estate plan?

I have three sons, all of whom are married and have children. My eldest son and his family, who have been residing in the US, are now returning to India. The relations between all my family members are cordial. I now want to divide my estate (primarily my investments in listed stocks, mutual funds and … Read more

‘You don’t need to destroy Google. All you need to destroy is their monopoly.’

‘You don't need to destroy Google. All you need to destroy is their monopoly.'

Srinivas believes Google will begin losing significant high-value traffic, and Google’s size and shareholder expectations will hamper its ability to innovate efficiently in the realm of search engine technology. With over 1 million users in India, accounting for 10% of its global user base, Perplexity is also planning to open an office in India soon, … Read more

Sunshine to startups: money for ideas

Sunshine to startups: money for ideas

The ₹1 trillion innovation fund announced by finance minister Nirmala Sitharaman in the interim budget on Thursday is expected to give a big boost to local technology development and manufacturing, and help India move beyond providing high-tech services towards development of products, experts said. In her interim budget speech on Thursday, Sitharaman said the fund … Read more

Amfi writes to MFs about Sebi concern over froth in small, mid caps space

Amfi writes to MFs about Sebi concern over froth in small, mid caps space

Mumbai: Industry body Association of Mutual Funds in India (Amfi) has asked mutual funds to put in place safeguards to protect the interests of all investors in mid- and small-cap funds. Amfi sent this letter after markets regulator Securities and Exchange Board of India (Sebi) raised concerns of “froth building up in small and midcap … Read more

5 investing mantras by William H ‘Bill’ Gross of PIMCO bond funds

5 investing mantras by William H ‘Bill’ Gross of PIMCO bond funds

William H “Bill” Gross stands out as a notable figure in the financial world, recognized for his accomplishments in the field of bond investments. He played a pivotal role in the establishment of Pacific Investment Management Company (PIMCO), a leading global investment firm with a focus on fixed-income investments. Given the moniker “Bond King”, Gross … Read more

Govt eyes ₹95,000 crore investment, 2.25 million jobs in textiles

Govt eyes ₹95,000 crore investment, 2.25 million jobs in textiles

New Delhi: The textiles ministry hopes to attract investments worth ₹95,000 crore and the expected fund flow will create about 2.25 million new job opportunities in the next 4-6 years, according to a senior government official on Friday. The ministry expects ₹25,000 crore investments under the Production Linked Incentive Scheme (PLI) and another ₹70,000 crore … Read more

Climate concerns reflect in solar scheme

Climate concerns reflect in solar scheme

New Delhi: The government’s keenness to promote rooftop solar installations comes through in the interim budget. Addressing a press conference after the budget, union finance secretary T.V. Somanathan said: “There is a provision of ₹10,000 crore for rooftop solar in the budget.” The move is expected to boost the ambitious goal of 500 gigawatts (GW) … Read more

Prices cut, but are EVs more economical than petrol cars?

Prices cut, but are EVs more economical than petrol cars?

Following the price cuts, Tiago has become the second cheapest electric car in India, just behind the compact MG Comet, which starts at ₹6.99 lakh.  These price cuts have made electric cars more affordable for Indian consumers, especially since the high upfront cost on electric vehicles (EVs) can be a deterrent for those looking to … Read more