Profiles Financial News
11.09 / 11:16
markets
Gap
love
travelers
Profiles
Destinations
Viral marriage wishlist of Rs 1.3 LPA earning woman: Rs 30 LPA techie husband, 3BHK home, 5-star hotel stays
The woman, who earns Rs 1.3 lakh per annum and holds a Bachelor of Education (B.Ed) degree, is seeking a techie groom with a significantly higher income of Rs 30 lakh per annum. According to her post, she prefers someone settled either in India, the US, or Europe and mentions that her ideal match should own a spacious 3BHK home. Additionally, she expressed her love for luxury, noting that she enjoys traveling to various destinations worldwide and staying in 5-star hotels. One user on X shared the profile with the caption, “Her qualities and salary. Expected husband’s qualities and salary,” pointing out the vast gap between her income and her expectations for a partner.
10.09 / 06:31
markets
Strategy
Experts
performer
recommendations
Profiles
Nifty hovering@25K: Should you start reducing allocation to ELSS mutual funds?
mutual funds, which come with a 3-year-locking period, are also wondering if it is the right time to start trimming their portfolio in a gradual manner.
08.09 / 13:56
08.09 / 12:27
markets
IPO
Digital
Strategy
wellness
Features
Profiles
Is Bajaj Housing Finance IPO a gateway to India's growing housing market?
₹66-70 apiece, and the company is looking to raise a total of ₹6,560 crore from its primary stake sale, which includes a fresh share sale of ₹3,560 crore. To understand BHFL's market positioning and assess its prospects, we present a SWOT analysis.
08.09 / 07:52
markets
FIVE
Analysis
students
performer
reports
Profiles
Education loans to remain among fastest-growing segments for NBFCs: Crisil
Their assets under management (AUM) is expected to grow at a healthy clip of 40-45 per cent to cross Rs 60,000 crore this fiscal, as per the rating agency. By definition, the assets under management (AUM) is the market value of the investments managed by the entities.
07.09 / 20:52
UPS
Citi
Pool
Sustainability
social
Features
Profiles
The Gateway by L & T Realty: A pulsating residential project setting new standards in luxury
The Gateway's iconic elevation standing tall against the picturesque sea
06.09 / 14:47
06.09 / 09:14
Fitch
trends
reports
Profiles
Fitch downgrades Jupiter credit rating amid persistent outflows
The ratings agency said on Wednesday (5 September) that Jupiter's IDR would be demoted to BBB- from a BBB, which it said reflected a trend of net outflows registered over the past give years, included in the first half of this year. Jupiter reported total outflows of £3.4bn in the first half of 2024, which led to a 2% drop in assets under management to £51.3bn at the end of the period, down from £52.2bn at the end of 2023. «While net outflows were partly related to certain one-off factors, Fitch views that Jupiter's still comparatively concentrated franchise and business profile hav...
06.09 / 03:55
markets
COST
Target
Sustainability
trends
recommendations
Profiles
Hot stocks: Brokerages on Vodafone Idea, Bharti Airtel, Bajaj Finance and M&M Finance
Vodafone Idea and Bharti Airtel respectively. At the same time, Jefferies has maintained a buy and a hold rating on Bajaj Finance and M&M Finance respectively.
06.09 / 02:43
markets
Align
wellness
trends
Trade
recommendations
Profiles
Big movers on D-Street: What should investors do with GIC Re, Cochin Shipyard and Vedanta?
Stocks that were in focus include names like GIC Re, which fell 0.013%, Cochin Shipyard, which declined 0.93%, and Vedanta, whose shares gained nearly 1.8% on Thursday.
05.09 / 20:21
UPS
Remark
President
Photos
social
Profiles
Harris' running mate Tim Walz's relatives turn against him and support Donald Trump for President, share pics posing in T-shirts
The Democratic vice presidential nominee, Charles Herbster, grew up in Nebraska and is a former Republican candidate for governor. Herbster shared the photo with a family friend and posted it on X. Herbster posted on X that Tim Walz's family back in Nebraska wants everyone to know something. Trump also posted it on his Truth Social profile. The individuals in the picture are related to Walz through his great-uncle, who is the brother of his grandfather, a representative for Herbster told Newsweek. Herbster was allegedly permitted by the family to post it online. Also Read: Fed fears U.S recession? Central Bank to slash rates by 2%, steepest drop outside of an economic downturn since the 1980s
05.09 / 08:30
markets
Provident
Target
Booking
JPMorgan
security
Profiles
Cholamandalam Investment shares surge over 4% as Goldman Sachs sees 20% upside potential
Shares of Cholamandalam Investment and Finance Company on Thursday surged 4.3% to their new all-time high of Rs 1,549 after the global brokerage firm Goldman Sachs initiated coverage on the stock with a target price of Rs 1,786. The target price signals an upside potential of 20% from Wednesday’s closing price of Rs 1,485.55.
05.09 / 08:26
COST
Target
JPMorgan
reports
recommendations
Profiles
Vedanta shares gain 2% after long-term ratings upgrade from ICRA
Vedanta on Thursday rose 2% on the BSE, reaching an intraday high of Rs 469.40, following an announcement that the company received a long-term rating upgrade from ICRA on the expectation of improvement in the company's credit metrics. The rating for its 'Longterm/S term –Unallocated limits' instrument was upgraded to [ICRA]AA from [ICRA]AA-/[ICRA]A1+ rating watch with developing implications. The Longterm–Fund based –Term loan instrument was upgraded to [ICRA]AA from [ICRA]AA- and continues on rating watch with developing implications. As for Commercial Paper the rating was upgraded to ICRA]A1+ rating watch with developing implications.
05.09 / 02:22
Aware
Career
Platform
Action
security
social
Profiles
Sebi's Madhabi Buch worked at ICICI and a PE firm between 2011 and 2013
ICICI Bank and continued to have worked until October 2013, according to an executive familiar with the developments at the bank. This is corroborated by ICICI Bank’s response to stock exchanges on 2 September, when it disclosed that Buch retired from ICICI Group on 31 October 2013. However, Buch’s profile on professional networking platform LinkedIn states she worked with Greater Pacific Capital, a Singapore-headquartered private equity firm, as head of business developments between 2011 and 2013.
04.09 / 07:17
04.09 / 01:31
UPS
CEO
wellness
Pride
blues
reports
Profiles
Pernod Ricard puts up Imperial Blue whisky for sale
₹5,000 crore from the sale, one of the three people said, while a second person said the sale plan was initiated three weeks ago. Pernod’s plan to sell Imperial Blue comes two years after rival Diageo sold a bunch of low-margin brands including Haywards, Honey Bee and Romanov, reflecting multinational liquor makers' preference for premium brands that sell less but earn more. Goldman Sachs declined to comment, while spokespersons for Pernod Ricard and Goldman Sachs did not respond to emailed queries.
04.09 / 00:41
Platform
Parke
social
reports
Profiles
Flipkart Fashion head set to join Angel One as CBO
Angel One is set to appoint Arief Mohamad as its new chief business officer, two people in the know said. Mohamad has already put in his papers at Flipkart, where he was heading the fashion vertical, the second person added. According to his profile on social media platform Linkedin he has spent close to a decade at Flipkart, having joined the ecommerce major back in September 2015.
03.09 / 04:07
UPS
Provident
JPMorgan
Citigroup
Trade
Profiles
Vedanta Holdco plans $1.5-billion notes issuance
Vedanta Resources plans to raise up to $1.5 billion in a five-year dollar denominated bond sale, marking the first such refinancing-focused global issuance since a January restructuring at the UK holding company of Vedanta Ltd. Proceeds from the latest issue will be used to refinance $470 million in bonds that are due in 2027 and $1 billion due 2028. Both sets of bonds — carrying 13.87% interest rates — will now be redeemed on October 2 this year. “Vedanta Resources’ objective is to redeem the two bonds, which are trading on a par, with the new ones, which will be issued at 9.5-10.5%, bringing down the borrowing cost,” said a banker.
31.08 / 10:15
UPS
FIVE
Cooper
Booking
Citizens
Profiles
Best 5-year FD rates for senior citizens: Earn up to 8.75% interest; full list of banks offering high FD rates
FD) for a longer period can book deposits now and lock in the higher rate of interest. There are multiple small finance banks that are offering interest rates of up to 8.75% on fixed deposits maturing in five years. Do note that these interest rates are available on deposits of up to Rs 3 crore. Here are the best interest rates on five-year FDs offered by small finance banks
30.08 / 20:48
Cooper
Inside
Schools
Courts
Investigations
Profiles
Badlapur sexual assault: SIT declares two trustees of school absconding
Mumbai (Maharashtra): The Special Investigating Team (SIT) probing the sexual assault on two four-year-olds inside their school in Maharashtra's Badlapur has declared two trustees of the school absconding on Friday, police said. The crime branch and cyber police team have been searching for both the Trustees after the SIT registered a case of negligence against the duo and called them to record their statements. Police officials said that the duo are not cooperating with the police in the investigation. Also, when a police team went to the house of both the trustee's they were not found at their homes.
29.08 / 20:30
Target
Career
security
Parke
2020
Profiles
Posing as a broker, Maryland insurance agent grabs clients’ savings
A former insurance agent who posed as a securities broker – without the appropriate licenses – has become the target of the Maryland Securities Commissioner after he took $100,000 from elderly customers and never returned it to them.
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