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TAIPEI (Reuters) — Terry Gou, the billionaire founder of major Apple (NASDAQ:AAPL) supplier Foxconn, made his first high profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year.

₹2,000 crore from private equity firms Advent International and Multiples Private Equity, a person aware of the deal said. The Mumbai-based microfinance institution (MFI)will use the funds to expand and consolidate its growth, the person added, requesting anonymity. Queries sent to Svatantra, Multiples and Advent remained unanswered.

Even while confronting their fair share of market headwinds in 2022, registered investment advisors experienced a burst of growth as new players entered the scene and existing participants continued to welcome new recruits, according to Cerulli.

Pakistan's debt situation, describing it as a "raging fire" that has become unsustainable, as per a Bloomberg report. This assessment is more severe than that of the International Monetary Fund (IMF), which had previously deemed the country's dues as "borderline" manageable, according to a 68-page report by Tabadlab.

Also Read: Importance of using an EMI calculator while getting a personal loan The eligibility criteria for a personal loan can vary from lender to lender, but typically include factors such as age, citizenship, employment status, income, credit score, and debt-to-income ratio. Most lenders require borrowers to be at least 21 years old, be Indian citizens, have full-time or part-time employment, earn a minimum monthly income, have a good credit score (usually 650 or higher), and have a debt-to-income ratio of 40% or less. Banks and other lenders use their financial calculations and models to determine loan eligibility.

Read the full story here.)The domestic equity market indices, Sensex and Nifty 50, are expected to open on a flat note on Tuesday tracking mixed global market cues.Asian markets traded mixed as China’s central bank cut the benchmark five-year loan prime rate for the first time since June. The US stock futures were muted amid lack of fresh triggers.Meanwhile, investors now eye the minutes from the US Federal Reserve’s January policy meeting due on Wednesday for more clues on its interest rate cut timing.

Demat accounts more than trebled over the covid period, even as mutual funds drew large inflows. The trouble with the hypothesis of asset-earned holidays is that it’s unclear if we have had a wide enough dispersal of sizeable gains. Retail investors with shares worth over ₹1 crore, for example, can possibly envision dividends (and/or notional capital gains) paying for a family holiday, but it is hard to picture new investors in the same league.

Isro) is reportedly planning another ambitious mission to Mars. As per reports, ISRO is planning to send a lander to the Red Planet. The lander after touching down on the Mars surface will deploy a rover as well as a rotocopter (helicopter), reports claimed. As reported, the Indian space agency is planning to send a drone or rotocopter to Mars. The drone will be like that of Nasa's Ingenuity quadcopter. The Ingenuity logged 72 flights over three years at Mars. It accumulated more than two hours of flight time, travelling 18 kilometers. That's more than 14 times farther than planned, according to NASA. It soared as high as 24 metres and hit speeds of up to 36 kmph.

India, February 19: Forget roses and chocolates; this Valentine's Day, Finnup gifted Indian businesses the ultimate love story – a hassle-free loan match! Founded by Rahul and Abhishek Agarwal, Finnup is launching India's first Unsecured Business Loan (UBL) matchmaking platform, promising to be the cupid of debt-raising for all, from tiny startups to large corporations.Love at First Swipe: Gone are the days of lengthy loan applications and endless paperwork. Finnup's platform, built with cutting-edge AI and machine learning, analyses business needs and whisks away to perfect lender match in just 4-5 hours.

hospitality industry is expected to clock 11-13 per cent revenue growth in 2024-25 on steady domestic demand and a rise in foreign travellers, a report said on Monday. This revenue growth will follow a likely 15-17 per cent growth in the current financial year, backed by steady domestic demand and ramp-up in foreign travellers, Crisil Ratings said in a report. The strong demand dynamics along with modest new supply will keep the operating performance of the industry healthy over the near term, the report added. According to the report, the healthy operating performance will augur well for the industry profitability where the EBITDA, or earnings before interest, taxes, depreciation, and amortization will continue the strong momentum over the current and the next fiscal.

CRISIL Ratings analysis of branded hotel companies with 70,000 rooms across categories, indicates that the hospitality industry in India is slated for a healthy revenue growth of 11-13% in the next fiscal after a strong 15-17% growth in the current fiscal, backed by steady domestic demand and an expected ramp up in foreign traveller demand. The strong demand dynamics along with modest new supply will keep the operating performance of the industry healthy over the near term. CRISIL Ratings said the healthy operating performance will augur well for the industry profitability where the earnings before interest, taxes and depreciation (Ebitda) will continue the strong momentum over the current and the next fiscal.

stock market, with its shifting preferences, has tested their mettle. Fund managers have had to dig deep, revisit long-held beliefs and adapt to the changing realities. Even as they bear the scars of the battle, these experts have kept calm and held their nerve to guide their funds through chaos. In this year’s Best Fund Manager rankings, we have tied up with investment research platform, PrimeInvestor, to shine the spotlight on 10 such individuals, who have delivered healthy outcomes to investors in the long run. Initially, the preferred growth oriented investing style plied by many of these fund managers fetched superior results. However, as the market gravitated towards the value segment, this approach was tested. Overpaying for quality has burnt many fingers. Most fund managers have stayed true to their convictions, while using the temporary disruption to address past mistakes and improve the resilience of their portfolios. The common thread visible in the top fund managers’ strategies is the emphasis on avoiding risk and constantly re-evaluating their investing theses. These qualities have helped them deliver healthy risk-adjusted returns over entire market cycles.

Customs (CBIC) has revised guidelines for reporting of arrests, smuggling and commercial frauds by customs officers, as it looks to enhance risk-based targeting to nullify fraud attempts by syndicates. In an instruction to field officers, the CBIC said that the arrest and incident reports of smuggling and commercial frauds are not being shared or are sporadically shared by the customs zones. In some cases, the arrest report many times contains description/details that are insufficient as input for enhanced risk profiling. As per the revised guidelines of CBIC, the Chief Commissioner/Director Generals of a customs zone would be required to send the arrest report through email to the CBIC within 24 hours of the arrest of an individual.

The idea is to attain certain risk and return profiles which are not specifically targeted in a plain vanilla index like Nifty 50 where the selection and allocation of assets is simply based on market cap. This is done by using factors like low volatility, quality, equal weighing, momentum etc. which have worked well historically to generate potentially higher returns.

look similar to the websites of Indian brokers.'' ‘’Unwitting users who click on the app download links, etc., will be prompted to download the fake app. The goal is to get people to transfer money by taking advantage of their familiarity with these apps,'' added Kamath. According to reports, pig butchering scams have a global reach, with perpetrators often becoming victims themselves.

Isro) on Saturday successfully launched INSAT-3DS, a weather monitoring and disaster warning satellite. The satellite was launched atop the GSLV-F14 rocket from Sriharikota. It will observe various atmospheric parameters and provide information related to the weather and the climate, the space agency said.

Deadline The Reserve Bank of India (RBI) has extended the deadline for Paytm Payments Bank from February 29 to March 15. Therefore, you can use your Paytm Fastag until that date, after which it might become inactive if not permitted by RBI. Note that after March 15, 2024 you will not be able to top-up or recharge your FASTag issued by Paytm Payments Bank. Why do you have to deactivate it? ' You must deactivate your Paytm Fastag due to the 'One Vehicle, One Fastag' rule, which mandates a single Fastag per vehicle. If you have funds remaining in your Paytm accounts, you can request refunds before the deadline.

GSLV-F14/INSAT-3DS Mission: The vehicle has successfully placed the satellite into the intended geosynchronous transfer orbit," the ISRO tweeted. The INSAT-3DS Satellite is a follow-on mission of Third Generation Meteorological Satellite from Geostationary Orbit. This is the second mission for the ISRO in 2024 after the successful launch of PSLV-C58/EXPOSAT mission on January 1.

While major indexes like the Nasdaq and S&P 500 have seen a relatively stagnant performance this week, several individual stocks have bucked the trend, achieving significant gains.

Kamal Nath said. The noise around Kamal Nath joining BJP became louder after Kamal Nath's former media advisor Narendra Saluja posted his picture with his son Nakul Nath and captioned it as “Jai Shri Ram." Meanwhile, Nakul Nath, who is a sitting MP from Chhindwara removed Congress from his bio on social media platform X (formerly Twitter). The development may come as another setback to the Congress ahead of the Lok Sabha polls 2024.

After more than a decade in the broker-dealer space, one advisor is making a break for independence by opening his own firm. David Eisenhauer has officially launched Greykasell Wealth Strategies Inc., an RIA that aims to address the complex financial needs of high-net-worth individuals, families, and business owners.