Why buying a car is better than leasing

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × ICICI Direct's research report on Tata Motors Tata Motors (TML) is an auto OEM from the house of Tatas, operating in domestic (PV, CV) as well as global markets (Jaguar Land Rover i.e. JLR) • JLR is a luxury car brand, which includes two prominent names i.e. Jaguar (models like I-pace, etc.) & Land Rover (models like Defender, Evoque, etc) • FY22 consolidated sales mix– JLR ~67%, India CV ~19%, India PV ~11%. Outlook We retain BUY on positive demand outlook, impressive margin & FCF targets for FY23E and intent to be net debt free (automotive) by FY24E. We now value TML at Rs 500 on SOTP basis (10x, 3x FY24E EV/EBITDA on India, JLR; ₹160 value to Indian EV business; earlier TP ₹ 550). Close For all recommendations report, click here … [Read more...] about Buy Tata Motors; target of Rs 500: ICICI Direct

The American dream of homeownership is quickly moving out of reach for many, with 18% of millennials surveyed by rental listings site Apartment List saying they expect to rent forever. For those who do hope to buy a home, 63% reported having no money for a down payment. If you’re looking for ways to help your kids purchase their first home, leveraging the equity you have in yours through a home equity loan may be the best way to do it. Key Takeaways Make sure you can pay back a home equity loan before risking your home for the sake of helping your kids buy one. With home equity loan proceeds, you can give them cash for a down payment or help pay down their debt to help them get approved. Keep gift taxes in mind when gifting your loan proceeds to your kids. Use a Home Equity Loan to Help Kids Buy a Home Before taking out a home equity loan to help your kids buy their first home, consider the rest of the assets you may have available. If you have other assets … [Read more...] about Using a Home Equity Loan to Help Your Kids Buy Their First Home

Share to Twitter Share to Linkedin Topline Shares of Twitter plunged on Friday after Elon Musk said he would put his acquisition of the social media company “temporarily on hold,” adding additional confusion to whether a deal will still happen as analysts predict that the Tesla billionaire could be looking for an excuse to back out or renegotiate a lower buying price. Key Facts Twitter’s stock fell roughly 10% on Friday after Musk said he would put his planned $44 billion takeover “ on hold ” until he finds out more about the number of fake and spam accounts on the platform. Musk’s “bizarre” tweet will send the “Twitter circus show into a Friday the 13th horror show,” wrote Wedbush analyst Dan Ives, with “many questions and no concrete answers as to the path of this deal going forward.” The markets are reacting as if he is going to back out of the deal, which could well be a possibility, according to Michael Hewson, chief markets … [Read more...] about Musk Could Try To ‘Get Out’ Of Twitter Acquisition After ‘Troubling’ Decision To Put Deal On Hold: Analysts

Share to Twitter Share to Linkedin It is not unusual for companies to reduce their workforce in response to crises: Industry upheavals. Revenue shortfalls. Global pandemics. But if employers decide to fire people en masse on Zoom—or use other impersonal approaches—they can create a second crisis that makes a bad situation much, much worse. Take what happened at Carvana, the online used car dealer which earlier this week laid off 2,500 people, many of them over Zoom. “An email to employees from CEO Ernie Garcia reportedly blamed slower-than-expected growth. Carvana, which has struggled to maintain its early-pandemic success, reported a net loss of $260 million in the first quarter and its stock price is down more than 84% since the start of the year,” Protocol reported. In an email to CBS MoneyWatch , Carvana said it had "as many conversations as we could in person, and where in-person was not possible, we spoke to our team members over … [Read more...] about How Firing People On Zoom Can Create Another Crisis

Representative image Bullish on the growth potential of India's office market, TATA Realty and Infrastructure MD and CEO Sanjay Dutt said the total leasing of office space across major seven cities is expected to rise to more than 30 million square feet in 2022 compared to 26 million square feet in 2021 on better demand from corporates. In an interview with PTI, Dutt highlighted that hiring at a large scale is already happening with many sectors bouncing back after the adverse impact of the Covid-19 pandemic. "Commercial activities have gone up already with a sharp fall in Covid cases. 'Return to office' will increase going forward. Early signs indicate that the total net leasing of office space in 2022 across seven major cities will cross last year's number," he said. The total net absorption of office space will cross 30 million square feet in 2022 as against 26 million square feet in the previous year. "Hiring on a large scale basis is happening already. Many sectors … [Read more...] about Return to office, large scale hiring to drive office space demand in 2022: TATA Realty

- A + A BENGALURU/NEW YORK (May 14): SMBC Aviation Capital, one of the world's biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about US$7 billion (about RM30.79 billion), including debt, people familiar with the matter said on Friday (May 13). The deal between the two privately held, Dublin, Ireland-based lessors could be announced as soon as next week, the sources said, speaking on condition of anonymity. It would create a global aircraft leasing giant as consolidation sweeps the industry. Last year, the world's two largest aircraft leasing companies, Ireland's AerCap and GE's leasing arm GECAS, merged in a deal worth more than US$30 billion. SMBC Aviation Capital, which is owned by a consortium including Japan's Sumitomo Corp and Sumitomo Mitsui Financial Group, has a fleet of more than 750 owned, managed and committed aircraft, mostly Boeing and Airbus short-haul models, according to its website. Goshawk, which is a 50-50 joint … [Read more...] about Aircraft lessor SMBC Aviation near US$7b deal for rival Goshawk, sources say

Share to Twitter Share to Linkedin 6 Tips for First Time Home Buyers. What you really need to know before buying a house. Getty Buying a home will likely be the biggest purchase you make in your life. At least until you buy your second, more expensive home. Recently, the real estate market has appeared to be cooling. All the same, home ownership is still a major part of the American Dream. It can also be a great way to help build wealth over time, when done properly. Here are six things you need to know when buying your first home. Begin with Getting Ready to Borrow via a Mortgage . Your dream home may or may not be within reach today. You might be able to buy more house than you really need. How much of a mortgage payment you can truly afford will likely depend on your lifestyle as well as assets, income and debt. Before you run off and find your dream home, you should put some time into determining what you can really afford. You … [Read more...] about 6 Things First Time Home Buyers Need To Know

Share to Twitter Share to Linkedin It ought to be the best of times for online education. Nearly everyone who’s learning is doing so online. Teachers and other school leaders are being online educators by necessity and many millions of learners, across all levels, are experiencing online learning products firsthand. Both sides of the education equation are seeing it, touching it, taking online learning for a prolonged, if unexpected, test drive. And, at this same moment, one of the early brand names of online learning - Coursera - is wooing investors and going public. Under somewhat normal circumstances and for nearly every other kind of marketplaces, that kind of exposure is priceless. Contemplate, for a second, what electric car companies would pay to get every driver in the world into an electric model for a solid year. But instead of celebrating, we may be entering the worst of times for online education. That’s because, if you’re going to … [Read more...] about The Worst Of Times For Online Education

On an unassuming corner near Union Square in downtown Manhattan , a slow creep of new businesses have cropped up over the last few months, occupying storefronts that previously housed retailers more typical of lower Fifth Avenue—a now-vacated Eddie Bauer outpost, Bobby Flay’s legendary restaurant Mesa Grill, which shuttered in 2013, and British lingerie store Rigby & Peller. The newcomers— Modern Age , Kindbody , and VSpot , which inked its lease just last week—have clustered, one next to another, near 15th Street. And they share something in common: all these businesses are women-founded and provide women’s health and wellness services. advertisement advertisement That they’re all light-flooded, bright windowed spaces, street-level, with frontage and marquee branding right in the midst of one of New York’s most trafficked shopping districts is perhaps a sign there’s been a seismic shift in the public discourse around women’s healthcare. … [Read more...] about A women’s health micro-neighborhood springs up on Fifth Avenue

Share to Twitter Share to Linkedin Trends never occur in a vacuum. The ones that create major changes and stick around longer than fads are bolstered by the convergence of many factors. The more points of convergence, the more likely that they will take hold and create powerful change, culturally, in the marketplace, or both. Trend convergence is like a fire. It can start very small, smolder a bit, but with the right conditions it can become a blaze. Such is the case with the secondhand market. The sources of combustion are many and varied, including the contraction of the middle-class, the internet and social media to Generation Y and Z’s recognition of the fashion industry’s detrimental environmental effects. These are coalescing to build a highly sustainable, sustainability movement. And the kicker is that this trend knows no societal or socioeconomic boundaries. All segments of mainstream fashion, the gig economy and even teen fashionistas are becoming … [Read more...] about With the Rise of Poshmark, ThredUp, and The RealReal, might ReMerch Malls and Re-Tailors be Next ?