Samsung is rumoured to launch not one or two but three smartphones next month in India. A new report suggests that the South Korean tech giant will launch the Galaxy S10 Lite, Galaxy Note 10 Lite and the Galaxy A51 in India.While we were expecting the launch of Galaxy A51 sometime soon in India, it is surprising to see Samsung launch a Lite variant of the Galaxy S10 months before the Galaxy S11’s rumoured launch.A new report by 91Mobiles reveals that the Galaxy S10 Lite, Galaxy Note 10 Lite and Galaxy A51 will launch in December. The report does not reveal the exact launch date of any of the three smartphones.Close Galaxy S10 Lite related news Nokia 2.2 receives a price cut in India, now starts at Rs 5,999 Vivo U20 launch today at 12 pm in India - expected price, specifications The Galaxy S10 Lite was spotted first on the US FCC website by XDA Developers. The handset listed carries an SM-G770F model number and reveals some connectivity details. The listing also … [Read more...] about Samsung Galaxy S10 Lite, Galaxy Note 10 Lite, Galaxy A51 to launch next month in India
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The Rs 410-crore public offer of CSB Bank, formerly Catholic Syrian Bank, was subscribed 35 percent by noon on November 22, the opening day.The public issue received bids for 39.83 lakh equity shares against the IPO size of 1.15 crore shares (excluding anchor book), as per data available on exchanges.The reserved category for retail investors was fully subscribed (1.84 times), while the portion set aside for non-institutional investors received subscription of 5 percent. Qualified institutional buyers are yet to get subscription.Close The Kerala-based lender has already raised Rs 184 crore from anchor investors on November 21, at higher end of price band of Rs 193-195 per share. related news Subscribe to CSB Bank: Arihant Capital CSB Bank IPO: Should investors subscribe? CSB Bank mops up Rs 184 cr from anchor investors According to a regulatory filing, the bank finalised the allocation of 94,54,080 shares to 24 anchor investors, including Omers Administration … [Read more...] about CSB Bank IPO sees 35% subscription so far; retail quota full subscribed
Today is Akshaya Tritiya - that time of the year for many of us to buy gold. It’s believed to be an auspicious day to start new ventures as well. And because Akshaya Tritiya comes in the middle of the wedding season that is upon us already, most of us have our trips planned to local jewelers.But buying gold costs money and its prices go up and down, just like any other asset. Typically, we always suggest to be a bit cautious in buying gold to ensure you don’t go overboard (we Indians love our gold, do we not?). The good news is, this Akshasya Tritiya might just be a good occasion to buy gold. Moneycontrol has been saying for some time already.Gold prospectsClose Gold prices may move upwards in the next couple of years as the macro- economic picture changes globally. If you have been tracking US President Donald Trump’s tweets for the last couple of years, you would have noticed by now that the world trade and international relations are changing. The tariff wars … [Read more...] about Country celebrates Akshaya Tritiya today; is it time to invest in gold?
Buying health insurance is an essential item in a personal finance to-do list. If you have already bought one then you are supposed to renew it every year. Over a period of time, the quantum of health insurance required goes up, and so does the premium payable. Rising health insurance premium rates further inflate the bill. That makes many look for larger cover at relatively less price. Some end up buying super top-up policies. Of late, many insurance companies are offering restoration benefit that makes many believe that their existing covers are enough to take care of large hospitalisation expenses.Insurance industry officials tell us that these days some first time insurance-buyers typically want to buy policies with restoration benefit and want to settle for a sum-assured they otherwise would have thought inadequate. At the time of renewal, these insurance buyers may end up opting for the renewal of their base health insurance plan and not renew their super top-up insurance plan as … [Read more...] about Restoration benefit: Should you dump your super top-up policies?
Often, individuals sign up for investment products just by looking at absolute numbers. “Double Your Money” or “Triple Your Money” are some of the best hooks to make someone write the cheque. Such an approach creates an optical illusion for the investor. However, it may not be the best thing to do unless you get into the details. An investor should first ascertain the compounded annual growth rate to figure out if he is being compensated for the risks he takes.This should best be understood with an example. We are always told to invest with a long-term view. Many people come across offers of doubling or tripling their money over a period of time. Say, invest Rs 1 lakh and get Rs 4 lakh after 20 years. Here you are being offered 300 percent returns over 20 years. Optically, it looks good. The only problem is, if you calculate returns this way, you will earn 300% returns in 20 years, 10 years or even four years. The reason why this 300 percent return is optical … [Read more...] about Use compounded growth rate, not absolute return, to gauge investments