Author: Finance Khabar
Soon after resisting SoftBank and Tiger, here’s how Ola got the two to invest in Ola Electric on its terms Bengaluru: When Ola Electric Mobility Pvt. Ltd, the electric vehicle unit spun off from ride-hailing startup Ola, said in July that it had raised about $250 million from SoftBank GroupCorp., it became the fastest firm to become a unicorn after Udaan, a business-to-business commerce platform. Ola Electric took just two and a half years to attain the unicorn tag, which refers to startups valued at $1 billion or more. The company had previously raised ₹400 crore in March from Tiger Global Management and Matrix Partners India, which,…
Bengaluru: Food delivery and restaurant discovery platform Zomato has laid-off around 70-100 employees in its customer support team at its office in Gurgaon, as the company looks to cut costs and reduce redundancies across its food delivery business, said three people aware of the development.
The Reserve Bank of India (RBI) slashed interest rates (repo) by 35 basis points (bps) on Wednesday. The repo rate now stands at 5.4 per cent, after four consecutive rate cuts in this year from its recent peak of 6.5 per cent.
There are lakhs of agents and brokers selling life Insurance in India. Most of them are well-intentioned and try to help customers choose policies that are suitable for their need and lifestyle. There are also some rogue agents who try to sell insurance by misrepresenting facts and sometimes present a distorted picture of the features of an insurance policy.
In a widely expected move, RBI cut the policy repo rate by 35 basis points (bps) to 5.4% in its monetary policy committee (MPC) meeting on Wednesday. This makes it the fourth rate cut in a row since the first MPC chaired by RBI governor Shaktikanta Das in February 2019. In all, RBI has reduced the repo rate from 6.5% to 5.4% in this period.
फाइनेंशियल प्लानिंग सभी के लिए बहुत जरूरी होती है। जब भी फाइनेंशियल प्लानिंग की शुरु करना हो तो उसकी शुरुआत इंश्योरेंस से होती है। इंश्योरेंस करने से पहले आपकी की जरूरतों और आपके लिए कितना इंश्योरेंस सही होगा यह जान लेना जरूरी होता है। इस खास शो में सीएनबीसी-आवाज़ में फाइनेंशियल प्लानर अर्णव पंड्या द्वारा आपको आपके उम्र और योजना के अनुसार इंश्योरेंस से जुड़ी बारीकियों के बारे में बताया जा रहा है।
Mint50, a curated basket of investment-worthy funds, is the result of an exhaustive exercise that blends in various parameters with the aim of getting you the best combination of risk and returns.
MUMBAI: Agriculture tech startup Gramophone today said that it has raised ₹24 crore from existing investor InfoEdge, which owns Naukri.com, and impact investors Asha Impact and Better Capital, among others.
The Finance (No. 2) Bill, announced on July 5, 2019, has created a buzz in the market, especially due to the so-called ‘Super-rich tax’. The maximum marginal rate (MMR) shooting up to 42.7 per cent has made high-income taxpayers anxious. On the other hand, the rebate announced in the Interim Budget in February 2019 for people with taxable income below Rs 5 lakh made the ‘target’ taxpayers happy. This year was unique
MUMBAI: Asset managers in India are seeking regulatory approval to join creditors as one of the nation’s major shadow lenders tries to pull itself out of distress.
Last Friday (August 2), the RBI barred non-banking finance companies (NBFCs) from charging pre-payment penalties or foreclosure charges from individual borrowers.
If you are in the market looking for a credit card, you are probably prepared to shell out an annual fee for the same. But why should you pay a fee when the market has zero-fee credit cards too? While paying a fee may entitle you to extra benefits, a zero-fee credit card may suffice if you do not use it a lot or are a new user. We explain why but first let’s start with the basics.
Indian financial markets look like a very different place in the last few weeks. The euphoria of an election outcome that was perceived as very positive for India, due to its large mandate to the incumbent government, has given way to questions about growth and consumption slowdown, lack of reforms and tax terrorism, amongst other negative factors.
Awfis, a startup that rents coworking space to businesses, raised $30 million in a Series D equity financing round led by homegrown ChrysCapital, a senior executive at the private equity firm said.
“Coworking has changed the way commercial real estate business is conducted globally and has picked up a lot of steam in India,
Every mutual fund house incurs expenses. Fund managers need to be paid their salaries for managing investors’ money. Distributors need to be paid commissions for selling mutual fund schemes. Apart from these, there are several costs incurred in running a fund house such as auditor’s fees, registrar and transfer agent’s fees and so on.
Bengaluru: Payments solution company Razorpay today announced its acquisition of Thirdwatch, an artificial intelligence (AI) start-up based out of Gurgaon which specializes in real-time fraud prevention using machine learning.
Thematic or sectoral funds are mutual funds that invest in a particular industry or sector or around a theme. Some of these funds are investing in sectors such as technology, banking and financial services, utilities, auto and auto ancillaries, real estate, and so on.
ये ब्याज दरें 08 मई, 2019 से प्रभावी हैं 31 जुलाई, 2019: पुणे, महाराष्ट्र: हमेशा अस्थिर रहने वाले शेयर बाज़ारों, म्यूचुअल फंड तथा सोने पर निवेश की तुलना में, फिक्स्ड डिपॉजिट्स ने खुद को निवेश के सबसे सुरक्षित साधनों में से एक के रूप में स्थापित किया है। यह अपने मूलधन की सुरक्षा सुनिश्चित करने के साथ-साथ धनराशि को बढ़ाने के सबसे बेहतरीन तरीकों में से एक है। यह निवेश के सबसे लोकप्रिय विकल्पों में से एक है, और निवेश में कोई जोखिम नहीं लेने वाले निवेशक विशेष रूप से इसका लाभ उठाते हैं। फिक्स्ड डिपॉजिट के प्रस्तावों का चयन…
सेहत ऐसी चीज है, जिसका कोई मोल नहीं लेकिन इससे जुड़ी समस्याएं कभी बताकर नहीं आतीं इसलिए इसके लिए तैयार रहना बहुत जरूरी है।
इनकम टैक्स रिटर्न फाइल करके हुए आप 80D के जरिए अधिकतम 1 लाख रुपए का टैक्स बचा सकते हैं। बशर्ते आपके पैरेंट्स की उम्र 60 साल से ज्यादा हो।