“Along with the lifting of the restrictions on trading, the lockdown has also pushed people to stay at home and many people are spending more time on their desktops and many of them are trading more. Trading volumes are quite robust. Daily crypto trading volume in India maybe USD10-USD30 million,” Ajeet Khurana, the former head of the Blockchain and Cryptocurrency Committee of the Internet and Mobile Association of India (IAMAI) and former CEO of Zebpay, said. … [Read more...] about Cryptocurrency trading in India sees 400% jump during COVID-19 lockdown
Tata Motors is pushing through a strategic plan that will see the passenger vehicle business including electric vehicle division placed under a separate entity. The company is trying to bring in a partner who can assist in getting future ready but has declined to cede control of the division. … [Read more...] about COVID-19 to change consumer behaviour tremendously, says Tata Motors Chairman N Chandrasekaran
“Warren Buffett was already sitting on a cash pile of over $100 billion throughout last year and raised around $6 billion from the airline sale proceeds. Compared to the cash pile in the past year, the recent incremental cash is a smaller sum,” Nirali Shah, Senior Research Analyst, Samco Securities told Moneycontrol. … [Read more...] about Warren Buffett sitting on over $100-billion cash pile: Should Indian investors also wait?
“With the launch of 4G services by Reliance Jio in 2016 and other operators following suit, the VOD consumption in India has exploded in the last 12-18 months. It is estimated that currently 200 million viewers watch video online in the country, and a large majority of these watch in on the mobile screen. The smartphone has now become their primary device for consumption of video. … [Read more...] about Why viewers in India will continue to be caught in the crossfire between broadcasters and DTH operators
The index was launched in July 2017 and currently has high allocation to defensive sectors such as consumer goods (35.48 per cent), pharma (25.84 per cent) and Information technology (10.71 per cent). The portfolio’s price to earnings ratio stands at 29.11, while the price to book ratio is 5.03. The valuations are on the higher side. … [Read more...] about ICICI Pru Alpha Low Vol 30 ETF NFO: Should you invest?