Ideally, you must start planning for your retirement the day you get your first pay cheque, which means investing a certain portion – no matter how small – of your salary in retirement benefits and funds. Once you create this corpus, you must also strive to nurture and insulate it against shocks. Protecting your retirement nest egg is important, especially in times of crises such as the one we are facing at present. … [Read more...] about Invest your retirement corpus to get safe income and beat inflation
Armed with prospects of high growth, split-second information reach, large doses of capital infusion began to push the new age companies to stratospheric valuations. The stock prices continued to rocket northwards, and retail as well as institutional investors shed the time proven principles of staying invested for a long period of time. Old economy sectors and stocks – infrastructure, construction, public sector companies, metals & mining - started witnessing dwindling traded volumes, clearly highlighting the shift to consumer discretionary, fintech, FMCG and other consumption focussed sectors. Seth Klarman’s words, "The single greatest edge an investor can have is a long-term orientation" seem to be slowly fading away. Economy was disconnected from the stock market was an accepted fact in most investment circles, but by how much and for how long, were the points of debate. … [Read more...] about Value investing: Warren Buffett course-corrects his investment style, should you?
“Currently, the Indian TV industry imports most of the raw materials and has a value addition of only 10-12 percent. However, with this investment, Kodak HD LED TV aims to increase value addition to 50-60 per cent. The new plant and R&D Centre will help manufacture technology-driven products and introduce more manufacturing lines aligned to Make in India," said Avneet Singh Marwah, Founder, and Chief Executive Officer (CEO), Super Plastronics (exclusive Kodak brand licensee in India). … [Read more...] about Kodak TV to invest Rs 500 crore in three years for manufacturing plant in Uttar Pradesh
At the 43rd Annual General Meeting held virtually on July 15, RIL Chairman Mukesh Ambani said the deal with Saudi Aramco had not progressed as per the earlier timeline. This was due to unforeseen circumstances and the COVID-19 pandemic, he added. … [Read more...] about We’re still working on deal to invest in Reliance Industries, says Aramco CEO
Another official confirmed it is a 'huge task' and will likely take six months to set up. “Talks are on with five-to-six states that will be part of the system in the first phase. States with effective single-window systems will be integrated with the cell,” the official said. Particular states involved were not identified. … [Read more...] about India to set up single-window Investment Clearance Cell to facilitate faster approvals: Report