Investment

King July 31, 2019

DSP Mutual Fund has written off 50 per cent of their investments in NCDs issued by Coffee Day Natural Resources Private Limited (CDNRPL), a company owned by the deceased promoter of Coffee Day Enterprises Limited (CDEL). VG Siddhartha, the promoter of CCD, went missing on Sunday. His body was found on Tuesday morning. According to a communication sent by […]

King July 14, 2019

Not many people shed tears when bankers lose their jobs. Last Monday, equities teams at Deutsche Bank offices round the world were told to leave their desks within a matter of hours. The men and women who were made redundant had worked at one of the biggest investment banks in the world. Some Deutsche Bank […]

King July 13, 2019

Water is easy to take for granted. It falls from the sky, and, though it’s vital, we sometimes treat it as if it’s worthless. How often have you seen sprinklers running in the rainNSE -0.83 %? Yet the prospect of shortages in the years ahead could make water a precious commodity. That represents an opportunity for […]

King July 9, 2019

Loyalty and customer benefits experts Collinson, has announced that it will be making a multi-million dollar investment into India to help grow its airport experiences product, Priority Pass. The investment will see the UK based company build Priority Pass’ presence twofold, doubling its lounge portfolio in India over the next three years, extending its suite […]

King July 8, 2019

Against the backdrop of fall in consumption demand, weak GDP numbers and slowdown in the global economy, finance minister Nirmala Sitharaman delivered her maiden budget speech clearly laying out the building blocks for us to be a $5-trillion economy in the next five years. Largely a budget that puts institutional reform at its heart, it acknowledges the […]

King June 25, 2019

MUMBAI: Real estate investment company Unitech group secured a Rs 2,000-crore transfer of loans from two asset reconstruction companies to complete pending projects and is scouting for more investors for additional funding as the date set by the Supreme Court to deposit money nears in July, said two persons close to the development. The company is also […]

King June 2, 2019

BENGALURU:  Cholamandalam Investment and Finance Company said on Wednesday it would raise $222 million in debt funds in an investment round anchored by World Bank arm International Finance Corporation (IFC). The investment comes at a time when non-banking financial companies are strained for funds due to a liquidity crisis that hit the sector hard last […]

King May 26, 2019

Individual investors will soon be able to invest in Grayscale Ethereum Trust, billed as “the first U.S. publicly quoted security solely invested in and deriving value from the price of ethereum.” The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory organization (SRO), has approved public quotation of shares in the trust, Grayscale Investments announced Thursday. “All […]

King May 18, 2019

More coal-fired power plants shut down last year then were approved for construction as capital investment plunged 75 percent in just three years. Coal Plants Shutting Down at Record Pace More coal-fired power plants shut down in 2018 than were approved for construction, possibly marking the first time since the start of the Industrial Revolution in the […]

King May 14, 2019

Overall Diamond Index is based on actual transactions from 20 different market players and reflects price movements in the global diamond market. The index is updated daily. Precious Metals Index The S&P GSCI Precious Metals Index comprises gold (91.33%) & silver (8.67%) & provides a benchmark for investment performance in the precious metals commodity markets. It is […]