Tag Archives: funds

Are Accelerator Funds a Better Way for Angels to Invest?

I have been thinking a lot lately about the best way for angels interested in making pre-seed stage investments to put money into start-up companies. I’ve come to the conclusion that investing in accelerator funds is better than joining an angel group. Angel groups are investor collectives that pool funds and management. Back in 1994, when the first angel group ... Read More »

‘Stop parking funds in public accounts’

Government directive to local bodies As part of the government bid to ease the strain on the State’s finances, all departments and autonomous bodies have been directed to desist from parking their funds in public accounts and be more frugal. On finding that substantial sums have been deposited in public accounts of autonomous institutions and various departments, the Centre has ... Read More »

HDFC Bank cuts savings account interest rate by 50 bps: As rates fall, it’s time you shift to liquid funds

HDFC Bank on Thursday announced slashing interest rate on savings accounts starting this Saturday, joining a spate of banks who underwent the similar exercise in recent weeks. According to the bank, customers who maintain a savings bank account balance of Rs 50 lakh and above will continue to earn interest rate at 4 percent per annum. Similarly, customers having a ... Read More »

SoftBank’s investments will elbow out other funds from the market

Masayoshi Son, president and CEO of Softbank, delivers his keynote speech at Mobile World Congress in Barcelona, Spain, February 27, 2017(REUTERS) The New York Times reported on July 25 that SoftBank Group Corp. is considering a “multi-billion dollar investment” in ride-hailing service Uber Technologies Inc. The report said talks between the two companies were still at a preliminary stage. SoftBank already has ... Read More »