Page 4 - Investment Plan

PM Relocations to invest Rs 150 cr to expand business: CEO Bhargava

Global relocation company PM Relocations (PMR) will invest up to Rs 150 crore over the next three years to expand its business, its CEO Aakanksha Bhargava has said. The company is also expecting to double its revenues to over Rs 200 crore in the ongoing financial year, Bhargava told PTI in an interaction. The Gurugram-based firm, which is into relocating commercial and housing spaces, had clocked Rs 100 crore in 2021-22. On the company's investment plan, the CEO said: "We will invest up to Rs 150 crore over the next three years to expand our business". The amount will be utilised to upgrade technology, set up the physical infrastructure and towards marketing and branding purposes, she said. "It will be our own funding. We are not going to raise it from the market," the CEO added. According to Bhargava, her firm has helped relocate more than 5,000 households within India and 8,000 families abroad in the last 15 years. The company has recently introduced new business verticals lik

80% of net SIP investments in Sept go into active equity schemes: Data

Investment advisors recommend the SIP route for investment in volatile asset classes to maximise the benefit of rupee cost averaging

When emotions overrule neatly laid financial plans

Several such experiences have taught me to probe more and work closely with clients to find out their real motivations, desires, and fears

Maximise gain from market fall with value-averaging plan: Experts

The plain-vanilla SIP, however, is simple and doesn't require a lump sum

Retirees can now opt to continue with 'default' investment plan under NPS

After the new rule kicks in, retirees will be able to choose to continue with the existing plan or choose a new PFM and investment plan

Fighting to survive, Tencent-backed music app Gaana turns to subscriptions

Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to try to avoid closing down after failing to secure fresh funds

Small-cap funds can be rewarding for those who can stomach volatility

Limit investments in this space to 10-15% of your corpus, though; pay attention to fund size

Invest Rajasthan meet in October likely to attract Rs 10-trn investment

Chief minister Ashok Gehlot said that Rajasthan has great potential for investors, adding that the positive atmosphere here attracts investors from all over the country and the world

Win or endure? Choose advisor based on goal

A good investment advisor will begin by learning your goals, develop a plan, and manage behaviour to ensure you don't get excessively affected by highs and lows

Macro headwinds could overshadow state election results on Thursday

Benchmark Sensex has dropped close to 15 per cent from its peak in October 2021.

SIP registrations in FY22 already at five-year high, shows data

19.5 mn new SIPs registered till December-end vs 14.1 mn in the whole of last year

How does Ikea's Peter Betzel plan to expand and invest in India?

In an interview with Business Standard's Sharleen D'Souza, Peter Betzel, chief executive officer and chief sustainability officer of Ikea India, shares the company's expansion and investment plans

Power Grid Corp of India approves investment plans of Rs 552 crore

The investment proposals worth Rs 552 crore include capital expenditure for procurement of telecom equipment

CEO Masayoshi Son personally lost $1.3 billion on SoftBank stock trading

The 150 billion yen loss for the founder of SoftBank Group came from his one-third stake in SB Northstar

Haldia Petrochemicals eyes $30-billion expansion, may hit Street

To set up 3 units in TN, Andhra, Odisha; TCG also considering strategic partner

Covid brought structural shift to get more users online: Amazon India boss

In a Q&A, Amit Aggarwal dwells on his company's long-term commitment to India and its eight year journey in the country

Purchase annuities in a staggered manner to get a better rate of return

Buy plans that do not have return of purchase price option, at a later age, to get a better rate of return

SBI MF to launch Children's Benefit Fund-Investment Plan on Sept 8

This is an open-end fund that will be part of SBI Magnum Children's Benefit Fund, which already has a savings plan, a predominantly debt-oriented offering

Investments in construction sector to see 12-16% dip in FY21: Crisil report

The decline in investment factors in lower capex by central and state governments due to diversion of funds towards healthcare, public welfare and social obligations

Is there insurance for job loss in India? Here's what expert says

Kartik Jhaveri answers all your financial planning queries