Maharashtra: Father, son shot dead over property dispute in Nagpur
The police are further investigating the matter. (File Photo) Asenior citizen and his 35-year-old son were gunned down over a property dispute in Parseoni taluka of Maharashtra’s Nagpur district, police said on Monday. The bodies of Bandu Meshram (65) and…
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Can I add HDFC Small Cap Fund to my portfolio?
I am 27 years old. I have an investment horizon of 15 years. I am investing Rs 10,000 per month in the following mutual funds: Mirae Asset Emerging Bluechip Fund: Rs 2,500 Kotak Standard Multicap Fund: Rs 2,500 HDFC Mid-Cap Opportunities…
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Planning to invest in small cap funds? Spread your risk via SIPs
Wealth managers are advising investors keen on looking at battered small cap shares to start systemic investment plans (SIP) in schemes that bet on these shares. Many of the small cap stocks have tumbled 50-70 per cent since January 2018,…
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Indian Hotels eyes ₹200 cr from property sales this fiscal; to buy stressed assets under GIC platform
Tata Group’s Indian Hotels Company Ltd (IHCL) is planning to sell assets worth ₹200 crore this fiscal to fund its expansion plan in core areas. Last year, it sold hotels in Thiruvananthapuram and Visakhapatnam as part of its plan to exit non-core properties…
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PSU Bank stocks cheer government’s move, sector ends with 3.6% gain
New Delhi: Shares of the PSU Banking stocks soared high on Monday after the government last week announced recapitalisation in public sector banks of ₹70,000 crore. Shares of Nifty PSU Banks surged 3.58% to close at ₹2,488.45. Indian Bank (11.71%), Central Bank of…
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FinMin may go slow on overseas bonds plan
The Finance Ministry may go slow on the contentious Budget proposal to issue overseas sovereign bonds with officials maintaining that no timeline has been set so far for the bond issue. “We are yet to decide a timeline or tranches for the…
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Costco: Why Did The Stock Double In 4 Years?
Costco‘s (NASDAQ: COST) stock price has increased nearly 2x from $140/share in August 2015 to $274/share in August 2019. The increase was primarily driven by continuous increase in Total Revenue and Net Income margin. Revenue growth and margin increase are…
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For CG Power stock, trouble started long before it reported serious lapses
Mumbai: Shares of CG Power and Industrial Solutions Ltd’s have tumbled 36% in the last two trading sessions on news of serious accounting lapses at the company. The stock has been languishing at the lower circuit for the past two days…
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Weak Listing: Sterling and Wilson Solar debuts at discount; stock down 9%
Sterling and Wilson Solar, a solar engineering solutions provider, had a weak debut on August 20 as the stock fell more than 9 percent in opening due to the tepid response to IPO and weak market conditions. The stock listed at Rs 706 on…
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Property worth crores damaged in Kangra district
Dharamsala: Heavy rains caused massive damage to private and public property in Kangra district today. In the last 24 hours a loss of Rs 33 crores has been caused to public property and about Rs 60 lakh to private property….
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