The ‘nationalist’ banker, Uday Kotak, is the founder and managing director of Kotak Mahindra Bank, an Indian billionaire banker. Here are a few details from Uday Kotak’s success story as the founder, CEO, and Executive Vice Chairman of Kotak Mahindra Bank, an Indian private sector bank. Early Childhood Development and Education Uday Kotak was born … Read More “Life of Uday Kotak” »
Tag: Equity
For good reason, the investment community and financial media obsess over interest rates. The cost of borrowing someone else’s money is referred to as interest rates. When the Federal Open Market Committee (FOMC), which consists of seven Federal Reserve Board governors and five Federal Reserve Bank presidents, sets the target for the federal funds rate—the … Read More “How changes in benchmark interest rate affect your investments” »
Bitcoin, blockchain, ICOs, ether, and exchanges are all terms used to describe cryptocurrencies. Cryptocurrencies (and their language) have generated quite a stir in the media, online forums, and perhaps even in your dinnertime talks, as you’ve no doubt seen. Despite the excitement, many individuals still don’t understand what these terms signify. We could say it … Read More “Demystifying Cryptocurrencies, Blockchain, and ICOs” »
Many of us fantasise about making money by investing in stocks. While some people like to participate in mutual funds or trading, others prefer to invest in an IPO or initial public offering. Profiting from IPOs is not as simple as it sounds, but with a well-planned strategy and a few useful hints, one may … Read More “Tips to Keep in Mind While Investing in an IPO” »
TaxGuru handles all tax-related difficulties for every user in India. It is a comprehensive tax solution website where users can learn about all tax-related changes and news. Users can stay up to speed on the Indian tax judiciary, customs rules, and other topics. This one most comprehensive tax solution website has all of the necessary … Read More “Overview of TaxGuru” »
Income Tax Rates and Slabs Every year, the finance minister announces income tax slabs in India. There are now two separate Income Tax regimes. Tax breaks are no longer available under the new regime. Tax breaks were available to taxpayers under the previous administration. Nirmala Sitharaman, the finance minister, announced the Union Budget for 2022 … Read More “Various Income Tax Slab Rates” »
Tata Power Tata Power Firm Limited is an Indian electric utility company that is part of the Tata Group and is headquartered in Mumbai, Maharashtra. The company’s primary business is to generate, transfer, and distribute power. It is India’s largest integrated power company, with a total installed capacity of 10,577 MW. Tata Power was placed … Read More “Tata Power vs JSW Energy vs Adani Power” »
Every business has to start somewhere. Even the largest corporation began as a small business enterprise. Due to the large potential returns, startups might be an appealing investment option, but it is critical to thoroughly examine the dangers. There are over 4,00,000 new firms established in the United States each year, so there are plenty … Read More “Pros and Cons of investing in new-age startups” »
What exactly is an NFO? When an Asset Management Company (AMC) creates a new mutual fund in the market, it can obtain capital for it by issuing a statement to investors about a New Fund Offering. An NFO, like an IPO, comprises portfolio specifics such as firm shares to be purchased, fund management details, and … Read More “Points to Consider while applying for NFO (New fund offer)” »
A fund of funds (FOF) is a pooled investment vehicle that invests in other types of funds. It is also known as multi-manager investment. In other words, its portfolio includes many underlying portfolios from other funds. These holdings take the place of direct investments in bonds, stocks, and other types of securities. Typically, FOFs invest … Read More “What are funds of funds?” »