Page 8 - Financial Investment

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

India's economic growth prospects have brightened, says Fitch Ratings

Agency says robust growth outlook offset by weak public finances

AIF commitments jumped 30% to Rs 8.33 trillion in FY23, shows data

Industry experts see more inflows as HNIs and wealthy investors shy away from debt MFs

Multiples Alternate announces $640 million first close of PE fund

Indian private equity firm Multiples Alternate Asset Management on Wednesday announced the first close of a $640 million fund aimed at investing in domestic companies

Suzlon Energy announces early redemption of FCCBs worth $35.9 million

Suzlon Energy on Wednesday announced early redemption of USD 35,931,200 Foreign Currency Convertible Bonds (FCCBs) which were due for payment in 2032

Impact of MPC decisions to show in 4-5 quarters, says Shashanka Bhide

'The rate hikes started in May 2022 and cumulatively there is a significant increase in policy rate (250 basis points)'

KKR to invest in consumer retail, healthcare and tech firms, says Co-CEO

PE firm, which is sitting on a $100 billion cash pile, is also keen to participate in PSU bank privatisation

Angel investment at high premium under Income-Tax department scanner

Notices seeking explanation served to start-ups

Funding constraints may hamper NBFCs' loan growth this fiscal: Report

Banks and capital markets together accounted for as much as 73 per cent of the funding sources for NBFCs in the first nine months of FY23

Investors put $538 billion into cash funds over eight week: BofA

BofA, citing EPFR data, said investors put $51.6 billion into money market funds in the week to Wednesday as the outsized flows continued

India equity mutual fund inflows rise to 1-year high in March

The rise in inflows offset some of the pressure on markets, which witnessed sustained selling by foreign investors

Indian Overseas Bank raises FD rates; senior citizens to get 7.75% interest

This announcement is in line with the Reserve Bank of India's decision to keep the repo unchanged at 6.5%

Allocate to US-focused funds despite shifting tax landscape: Experts

Capitalise on the geographical diversification and currency hedge they offer

Fact sheet: Key tool for investors

Understanding information in this document correctly can make you proficient mutual fund investor

Realty Check

Budget: Rs 30 lacs-50 lacs