LIC defends investment in ITC, says receives orders from Centre

Life Insurance Corporation of India said that there is no law or policy that stopped it in investing in tobacco companies, while defending its holding in ITC. Moneycontrol News Insurance behemoth Life Insurance Corporation of India (LIC) said that there is no law or policy that stopped it from investing in tobacco companies, while defending […]

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‘TN stays favoured investment destination’

CHENNAI, JUNE 23:   Industry Minister MC Sampath and Electricity Minister P Thangamani put up a spirited defence in the Assembly today against the Opposition members’ accusation that Tamil Nadu was losing investments to its neighbour. Sampath insisted that the State continued to be a favoured investment destination. Tamil Nadu’s investment facilitation agency, Guidance Bureau, is […]

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When and how to sell your investments

Investment advice and strategies always focus on how to invest. You are advised to invest according to the asset allocation suitable to your goals, research investment options thoroughly and invest regularly to make market volatility work in your favour. But buying into investments is just one part of the investment plan. For the plan to […]

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Big Deal: The investment landscape

Big Deal discusses investment and the private equity space action that has picked up especially because of the buoyancy that is being seen in equity markets. Ashley Menezes, MD & CFO of ChrysCapital, Yash Gupta, Senior MD & Country Head at Hines India and Arvind Mathur, PE Advisor talk about the entire landscape of the […]

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Private investment to lead economic growth in India: World Bank

New Delhi: Though private investment growth in India will remain challenging in the short term, it will eventually pick up in 2018-19 to overtake private consumption as the main driver of economic growth, the World Bank said in its latest India Economic Update released on Monday. The gross fixed capital formation (GFCF) which indicates investment […]

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Mutual fund investment platform Nivesh.com raises angel round

Noida-based Providential Advisory Services Pvt. Ltd, which runs mass market mutual fund investment platform Nivesh.com, has raised an angel round from VCCircle founder PV Sahad, former head of investor relations at Infosys Sandeep Shroff and Right Global Infosolutions CEO Rahul Gupta. The omni-channel platform, founded in August last year by Anurag Garg and Sridhar Srinivasan, […]

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Everstone Group raises investment in Servion Global to $74 million

Mumbai: India-focused private equity firm Everstone Group has raised its investment in Servion Global Solutions Ltd to around $74 million on the back of strong revenue growth and a jump in profitability at the Chennai-based customer experience management (CEM) firm. Evertech Pte Ltd, a technology investing platform of Everstone Capital and investment firm Solmark Inc., […]

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Everstone Group raises investment in Servion Global to $74 million

Mumbai: India-focused private equity firm Everstone Group has raised its investment in Servion Global Solutions Ltd to around $74 million on the back of strong revenue growth and a jump in profitability at the Chennai-based customer experience management (CEM) firm. Evertech Pte Ltd, a technology investing platform of Everstone Capital and investment firm Solmark Inc., […]

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