Tag Archives: Invest

Invest in debt funds for at least 3 years for income tax benefit

consider at least a three-year time frame for getting better post-tax returns from your debt fund investments. Photo: iStock MORE FROM MONEY » Once-Iffy US-focused pot stocks are becoming investor darlings Axis Bank m-cap erodes by ₹4,709 crore after Q1 results India’s Q1 fiscal deficit at 68.7% of 2018-19 target Can standardisation of exclusions in health insurance policies help customers? ... Read More »

Ola acquires Foodpanda to enter food delivery business in India; to invest another $200 million

Ola’s rivalry with Uber has just entered a whole new dimension. Seven months after Uber launched its on-demand food delivery app UberEATs in India, Ola on Tuesday announced that it will acquire Foodpanda’s India business. In the bargain, the food delivery business in the country is likely to get a big boost, much to the delight of couch potato foodies. ... Read More »

Is it Better to Invest in Startups Early or Late?

In a recent blog post, venture capitalist Jason Lemkin made an interesting point about the valuation of seed stage companies. He said that the right valuation for a seed round is “one-third or less of what the next round investors will pay … If not, it’s a bad deal. It’s way too much risk versus the next round. Anyone logical would ... Read More »

Is it Better to Invest in Startups Early or Late?

In a recent blog post, venture capitalist Jason Lemkin made an interesting point about the valuation of seed stage companies. He said that the right valuation for a seed round is “one-third or less of what the next round investors will pay … If not, it’s a bad deal. It’s way too much risk versus the next round. Anyone logical would ... Read More »

Tim Cook on Apple’s Plans to ‘Invest Significantly’ in India, Retail Stores, and Demonetisation

Apple reported strong holiday quarter earnings on Tuesday with both revenue and iPhone unit sales at record levels, and the profit just shy of the record numbers seen in the same quarter last two years. Revenues from all markets except China were at an all-time high as well, and this strong showing by Apple was also reflected in its India ... Read More »

Oppo Plans to Invest $216 Million to Establish Industrial Park in Greater Noida

Betting big on the booming Indian smartphone market, Chinese smartphone maker Oppo is planning an industrial park in Greater Noida which will house a manufacturing unit. “We already have a production unit in India and the SMT (surface-mount technology) centre is now undergoing the furnishment…it will be finished in February. Also, with regard to the industrial park, we will have ... Read More »

Samsung to Invest More Than $1 Billion to Boost US Chip Production

Samsung Electronics Co Ltd said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing demand. The South Korean firm, the world’s second-largest chipmaker behind Intel Corp, said in a statement its investment would boost output ... Read More »

LG Display to Invest $1.75 Billion for Flexible Oled Screens

LG Display Co., a supplier of Apple’s iPhone screens, said Wednesday that it will invest KRW 1.99 trillion ($1.75 billion or roughly Rs. 11,768 crores) to produce flexible displays for smartphones, in a sign that more high-end smartphone makers may adopt flexible screens in the near future. The South Korean company said mass production of flexible displays will start in ... Read More »

PF Body May Invest Up To 12% In Equities, Says Minister

Hyderabad: Buoyed by strong stock markets, Labour Minister Bandaru Dattatreya has said the Employees Provident Fund Organisation may invest up to 12 per cent of its investable amount in equities over a period of time. According to the minister, as of June 30, retirement fund body EPFO invested Rs 7,468 crore in two index-linked ETFs (exchange-traded funds) – one to ... Read More »

Micromax Says May Invest Rs. 2,000 Crores in Manufacturing in the Next 5 Years

Micromax, country’s second-largest handset maker is likely to invest around Rs. 2,000 crores in the next five years in manufacturing and new product lines, its co-founder Rajesh Agarwal said Thursday. He said the company is expected to clock Rs. 15,000 crores revenues during the current fiscal. It recorded Rs. 12,000 crores revenues last year. “We are planning to manufacture accessories ... Read More »