Tag Archives: Finance

Buy Dewan Housing Finance Corporation, target Rs 600: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Dewan Housing Finance Corporation with a target price of Rs 600. The current market price of Dewan Housing Finance Corporation is Rs 567.65. Time period given by analyst is intraday when Dewan Housing Finance Corporation price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 554. Dewan Housing Finance ... Read More »

China internet finance body suggests framework for virtual currencies

SHANGHAI: A senior executive at China’s internetfinance body has urged Chinese regulators to create a tougher framework of regulations to support the development of digital currencies amid Beijing’s crackdown on trading on virtual tender such as bitcoin. Chinese regulators are cracking down on the cryptocurrency sector, in a bid to stamp out potential financial risks as consumers pile into a highly risky and ... Read More »

Bajaj Finance trades higher on fund raising through QIP

Bajaj Finance was trading at 1,808.55 per share, up by Rs 14.15 per share or 0.79% as of 1041 hours. The stock attracted a total traded volume of 4,51,632 shares and traded value of Rs 81.39 crore on NSE. The stock was outperforming the Bank Nifty index in the morning hours on Wednesday. Bajaj Finance on Tuesday has launched a qualified ... Read More »

BRICS Summit 2017 has potential to boost trade, economy, finance but members need to start work now

The idea of BRIC emanated from an investment bank which had conjectured a theoretical possibility of four countries in the developing world, i.e. Brazil, Russia, India and China, taking on the role of engine to growth for the world economy. This concept gained more relevance after the financial crisis set in where it was believed that the emerging markets were ... Read More »

Demonetisation benefits visible in IT enforcements, tax filings: Finance ministry

A day after the RBI’s report revealed that 99% of demonetised currency had come back into the banking system, the finance ministry on Thursday claimed that the note ban’s benefits were clearly visible in terms of a quantum jump in enforcement actions and growth in direct tax collections. “The government launched a concerted drive against black money with demonetisation being ... Read More »

Government lifts foreign restrictions on finance, investment houses

NEDA Undersecretary for policy and planning Rosemarie Edillon said foreign participation in investment houses and other financial activities were among those that would be removed from the FINL. File MANILA, Philippines – The 2017 Foreign Investment Negative List (FINL), slated to be approved by the National Economic and Development Authority (NEDA) board next month, will provide for the lifting of foreign ... Read More »

Essel Finance gets SEBI nod for Peerless General Finance acquisition

MUMBAI, AUGUST 11:   Essel Finance Management LLP’s (EFM) subsidiary Essel Finance Wealthzone has received SEBI approval to acquire the entire shareholding of the Peerless General Finance and Investment Co. Ltd and others, in Peerless Funds Management Co. Ltd and Peerless Trust Management Co. Ltd. Essel Finance Management is the financial services arm of Subhash Chandra-promoted Essel Group. At present, EFM ... Read More »

Essel Finance gets SEBI nod for Peerless General Finance acquisition

Essel Finance Management LLP’s (EFM) subsidiary Essel Finance Wealthzone has received SEBI approval to acquire the entire shareholding of the Peerless General Finance and Investment Co. Ltd and others, in Peerless Funds Management Co. Ltd and Peerless Trust Management Co. Ltd. Essel Finance Management is the financial services arm of Subhash Chandra-promoted Essel Group. At present, EFM offers a range ... Read More »

Ten tips for making it in finance

It has been 20 years since I began working in finance. What advice would I offer someone starting out in the industry, based on my experience? I’ve spent a good few tube journeys pondering this question, and this is my best effort. 1) Treat the job as if you’re lucky to have it – you are There are many wonderful ... Read More »

How Owning These 5 Finance Franchises Can Help People Invest in Their Future

You have a mind for numbers, assets and an entrepreneurial drive. The only thing you don’t have is an idea on how you want to invest your time, money and energy. Should you start your own business? Make a new product or offer a new service? Or does becoming a franchisee make more sense for you? There are tons of ... Read More »