Page 7 - Financial Investment

Investment bankers see highest fee income at $968 million in Jan-Sept

Private equity-backed M&As amounted to $11.1 billion, down 58.1 per cent from a year ago, and the lowest first nine months period by value since 2020

Cash holdings with mutual funds at 16-month low of 4.8% in September

Fund houses put cash to use despite market uncertainty

Deal activities decline marginally to $13.37 billion in Sept quarter

There were 345 transactions involving USD 13.394 billion in the preceding April-June quarter, as per the report by consultancy firm Grant Thornton Bharat

58% large cap index funds fail to beat underlying indices in first half

According to S&P Dow Jones Indices the underperformance rates for the domestic equity and bond mutual funds have been elevated over the past three- and five-year periods

Angel tax norms: Govt extends safe harbour to convertible preference shares

Issues final valuation rules for funding in unlisted startups for foreign and domestic investors

22-year-old calls it his biggest mistake after losing Rs 67 lakh in crypto

A 22-year-old Google employee, whose aim was to resign at age 35 with Rs 41 crore savings, lost Rs 67 lakh post investing into crypto. He called it his 'biggest financial mistake'

VC firm gradCapital launches $6 million fund for students' startups

The VC fund on Friday said it will offer a standard cheque of USD 40,000 (Rs 33 lakh) at 4 per cent equity in companies set up by students

Art, watches & luxury handbags to see the highest interest from ultra-rich

According to a report by Knight Frank, 53 per cent of ultra-high-net-worth Indians are likely to purchase these three items in the current year

Tech boom? India to see 40 startups launch IPOs in the next two years

SaaS, B2C Product Companies, and FinTech are amongst the most promising categories to produce IPO-ready companies.

Gold demand in India this year could fall 10% to hit 3-year low: WGC

In the June quarter, scrap supplies jumped 61% from a year ago to 37.6 metric tons, the highest in nearly 3 years, the data showed

With 70% drop in funding, startups in India begin reducing burn rate

Number of profitable unicorns is projected to grow across most sectors in 3-4 years, from 30 in FY22 to 55 in FY27.

VC firm Omnivore announces first close of third fund at $150 million

Omnivore Agritech and Climate Sustainability Fund, launched last April, will focus on startups developing breakthrough tech for agriculture, food, climate, and rural economy

RTP Global closes $1bn fund, will make third of investments in India

Fund will invest in sectors that include artificial intelligence, enterprise software, fintech

Private equity investments in real estate sector down by 20% YoY in H23

Investors turn cautious on geo-political worries, recession fears

Accenture plans to pump in $3 billion for data and AI in three years

India will be crucial part of the plan, since it is one of the largest delivery centres of the company

FDI equity inflow contracts 22% to $46 billion in FY23: Govt data

The trading sector amassed $4.79 billion in FDI but contracted YoY

Investments by sovereign wealth funds surge 56% in 2022: SWFI analysis

SWFI has announced a Global Wealth Conference (GWC), taking place in London on May 31 and June 1 in London

Senior citizens scheme sees investment of over Rs 10,000 crore in April

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

ICICI Prudential Life Insurance launches new debt fund for long-term

This fund is available for investments with the company's flagship unit-linked insurance plans

Investor queue outside IEPF grows longer by the year, shows data

The value of dividends lying unclaimed is Rs 5,539.25 crore as of October 2022, according to Lok Sabha data