Page 2 - Investment Strategies

BlackRock clients pull $13 billion from long term investment funds

Adjusted net income rose 13% from a year earlier to $1.6 billion, or $10.91 a share, beating Wall Street's average estimate of $8.20. Revenue rose 5% to $4.5 billion

DS Group to invest Rs 500 cr, add 3 hotels to its portfolio in 3 years

The Dharmpal Satyapal (DS) Group, a multi-business and FMCG corporation, is planning to add three new properties with a capex of Rs 500 crore in next 3 years, a top company executive has said. "Currently, we have six hotels with around 930 keys operating under global hospitality brands including Radisson, IHG and Marriott. We are planning to add another three hotels to our portfolio with a capex of Rs 500 crore in the next three years," DS Group vice chairman Rajiv Kumar told PTI over phone. DS Group, which has been in the hospitality business since 2000, has six properties, including The Manu Maharani, a member of Radisson individual, in Nainital (Uttarakhand), Namah, a Radisson individual, Jim Corbett National Park (Uttarakhand), Radisson Blu Hotel Guwahati in Assam, Crowne Plaza Jaipur in Rajasthan, Holiday Inn Express Kolkata Airport in West Bengal, and Marriott managed Renaissance, Bengaluru, in Karnataka. Going forward, Kumar said, the company is looking for opportunities in t

Assam inks investment pacts of Rs 3,214 cr, Kaziranga to get 5-star resort

The Assam government on Saturday inked agreements with multiple companies who will cumulatively invest Rs 3,214 crore in the state. Attending the programme, Chief Minister Himanta Biswa Sarma said his government is hoping to attract investment to the tune of Rs 1 lakh crore over the next two-three years. "Today, we have signed MoUs with six companies for a total investment of Rs 3,114 crore. This will cumulatively generate more than 5,000 job opportunities over the coming years," he added. Apart from these, another agreement will be signed by the Assam Tourism Development Corporation for setting up a five-star hotel near Kaziranga National Park. "Kaziranga will soon have a five-star resort to attract tourists from across the world. It will be set up by the Hyatt Group at an investment of Rs 100 crore, offering 100-120 rooms," Sarma said. "Assam is moving forward fast towards becoming an industrialised state. With today's programme, this year we have signed MoUs that will bring rec

Asia Healthcare acquires majority stake in AINU, to invest Rs 600 cr

Asia Healthcare Holdings on Wednesday said it has acquired a majority stake in Asian Institute of Nephrology and Urology and will invest Rs 600 crore in the latter. The investment will be through a mix of primary and secondary infusion, Asia Healthcare Holdings (AHH) said in a statement. Asian Institute of Nephrology and Urology (AINU) is a speciality hospital network of urology and nephrology care present in four cities with a speciality in robotic urology surgery, it added. "This acquisition and AHH's foray into urology and nephrology segment marks its expansion into a fourth speciality...," the company said. AINU operates seven hospitals across Hyderabad, Visakhapatnam, Siliguri and Chennai, with more than 500 beds and over 4 lakh patients treated. It has also completed over 1,000 robotic urology surgeries, as per the statement. AHH Executive Chairman Vishal Bali said, "AINU not only adds a new speciality to the AHH platform but also strengthens our vision of scaling the single

Top 10 business ideas to earn money with zero investments, learn how

Starting a business is never easy and requires heavy investment. Hence, many people drop the idea of starting their business. Here are the 10 business ideas to earn more without any investment

Paytm, Zomato: Analysts cautious on new-age stocks on expensive valuations

Zomato, for instance, has been the only new-age company which has achieved profitability in the April-June quarter (Q1) of the current financial year (FY24)

Hotel stocks have more room for an upside; buy selectively: Analysts

The move to demerge the hotel business into a separate entity by ITC has brought back focus on hotel stocks, which have already seen a good run thus far in FY24.

Nifty 50: Aggressive traders may short-sell index with stop loss at 19,525

It is crucial to set a strict stop loss at 19,525 to manage risk since resistance levels are projected at 19,380 and 19,490

Stocks to Watch on July 7: Dabur, Titan, SBI Card, PSBs, Cipla, Sobha, IHCL

Stocks to Watch today, July 7, 2023: Titan Company has registered a 20 per cent year-on-year (YoY) consolidated revenue growth in Q1FY24

After the sharp run in H1-CY23, buy mid, small-caps selectively: Analysts

Analysts suggest investors stay selective and look for valuation comfort and earnings visibility before investing in the mid-and small-cap segments.

How does India's $11.1 trillion household savings into equities stack up

Jefferies estimates the structural flows from retail to the equity markets at around $30-35 billion per annum

New investors: Shun yesterday's winners, diversify across sectors

Those taking MF route may begin with a passive fund, gradually invest in various market caps, asset classes

Nepal PM seeks Indian investments in mining, agri, energy, hospitality, IT

Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' on Thursday said huge business opportunities are there for investors and sought Indian investments in various sectors such as mining, manufacturing, agriculture, energy, tourism, infrastructure, information technology and hospitality. He said that abundance of natural resources, large pool of human capital, a promising market with sound policies and regulatory framework makes Nepal an ideal attractive destination for investment. "No countries other than Nepal and India share such an intimate friendship and deep rooted cultural affinity providing an excitingly favourite business environment. Moreover, the two governments are moving ahead with bold decisions to transform the development landscape. This needs to be echoed by the private sector which is a powerful engine of growth," he said here while addressing CII's India-Nepal Business Summit. Opportunities for investments across a wide range of areas including mining, manufacturing

Wipro Share Buyback: Here's how retail investors can benefit

Wipro has approved a Rs 12,000 crore share buyback at Rs 445 per share. Currently, the stock trades at a 16 per cent discount to the buyback price.

India is back with a bang on FIIs mind: Sumit Jain, ASK Investment Managers

Nifty 12-month forward PE is around 23 per cent below peak. Indian equities should find support from robust earnings outlook owing to strength in the domestic economy.

Analysts play it safe; prefer safety of large-caps amid multiple headwinds

Analysts suggest that the overall market valuation has become attractive after the recent correction and investors can start buying large-cap stocks from a medium-to-long term perspective.

Mutual fund ownership of Adani group stocks is not very high: Equirus

Primary markets will take few months to recover, says Ashutosh Tiwari of Equirus. Investors, he said, are now only interested in businesses which have better historical growth and cash flow profile.

Sensex zooms 910 pts as financials defy Adani rout; Nifty ends above 17,850

Closing Bell: On the Nifty, Adani Ports closed in green after two days with a firm gain of 6 per cent., while Adani Enterprises erased over 50 per cent of its day's losses to close 2 per cent down

Sensex ends 563pts up at 60,656, Nifty above 18,050; L&T, HUL rise up to 3%

CLOSING BELL: Broader markets, however, underperformed benchmark indices as Nifty SmallCap 100 and Nifty MidCap 100 indices dropped up to 0.1 per cent

Jefferies rejigs India model portfolio; Zomato, Bharti Airtel off menu

The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction 'buy' for Jefferies with a price target of Rs 100