Four of the six schemes that are being wound up had 0.3 percent to 6.3 percent exposure to the securities of the firm. These include Franklin India Credit Risk Fund-FICRF (0.33 percent of scheme exposure), Franklin India Dynamic Accrual Fund-FIDA (3.02 percent), Franklin India Short Term Income Plan (5.02 percent) and Franklin India Income Opportunities Fund (6.32 percent). … [Read more...] about Wound-up debt schemes of Franklin Templeton see default from Future group firm
Csaa insurance group
Insurance is your most trusted ally while dealing with emergencies that can come knocking anytime. While a term plan provides your dependents with a large financial cushion in your absence and helps them take care of their needs, health insurance prevents out-of-pocket expenses and a dip in savings in case of a medical contingency. … [Read more...] about Roadblocks to financial independence and ways to overcome them
While corporates form a majority of their customer base, besides participants of big conferences and events, Ahluwalia says often individuals rent out cars to ferry their relatives visiting from abroad, or people they are doing business with. “We get about five to seven individual requests a day. Sometimes, a family may want to travel on a mini-vacation and book our cars for the vacation. Back in the 70s and 80s, stars like Sunil Dutt and Amitabh Bachchan rented Mercedes. Now, we get requests for a Rolls Royce. We ensure that they hire the car and the driver since the self-driving infrastructure is not great in India and our drivers are well trained,” he adds. … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!
In normal times, owners of large office buildings would typically not entertain a one- or two-year lease extension for a large tenant, said Franklin Wallach, senior managing director of the New York Research Group at Colliers. “They see that new leasing activity has dropped off while the amount of sublet space coming into the market is on the rise, so the average landlord wants to keep the tenant in the building.” … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?
Nestle can deliver strong growth going forward as well and will gain share in its core categories, led by distribution expansion, new product/ variant launches, a strong pipeline of products (can also leverage parents’ vast brand portfolio) backed by R&D capabilities and faster growth in premium portfolio leading to better pricing power. … [Read more...] about Portfolio strategy: Mix ‘COVID-proof’ and ‘COVID-recovery’ stocks; here are 7 top buys