Hela February 15, 2019

SBI Life’s individual APE growth was muted at 1% y-o-y in January 2019, especially against the backdrop of 24% growth in December 2018. Individual annual premium equivalent (APE) growth for private sector life insurance companies was modest at 10% in January 2019 translating into year-to-date (YTD) growth of 11%. ICICI Prudential Life witnessed sharp rebound […]

Hela February 15, 2019

Real estate professionals — and flippers in particular — spend a great deal of time analyzing the markets, but the only thing we really need to know is which way is it heading. There’s a way to make money in any market, any economy, if you are paying attention and trusting the plan. I want […]

Hela February 15, 2019

If you’re like most people, you’re wondering one thing right now: can stocks keep soaring following December’s nosedive—even after spiking 8% in January? The answer? Absolutely. To get at why I’m so sure, we’ll first go a couple steps further than headline-driven “first-level” investors do. Then I’ll give you a way you could double (or […]

Hela February 15, 2019

Isaiah Wynn, taken No. 23 overall in the 2018 NFL draft, saw his rookie season with the New England Patriots end before it began. (Photo by Fred Kfoury III/Icon Sportswire via Getty Images)GETTY What was supposed to be Isaiah Wynn’s rookie year ended on a Thursday night in August. It ended on his ninth preseason […]

Hela February 15, 2019

As a faithful reader of auto enthusiast blogs and magazines, I was amused Tuesday to read speculation that GM and Tesla would be collaborating on an electric pickup truck.  That story seemed to dissipate in the afternoon, though, as a much more reliable source, Reuters, reported that Amazon and GM were considering an investment in battery-electric vehicle (BEV) startup Rivian, […]

Hela February 15, 2019

I read that individuals seeking investment alternatives are turning more and more to collectibles and other tangible, portable assets.  This is driven by a number of financial realities such as stock market uncertainty, currency fluctuations and economic uncertainties.  Philately has a definite role in this growing investor interest and with good reason.  Stamps have a […]

Hela February 15, 2019

Two-year-old online sports-video site Overtime said it has raised $23 million in Series B funding from a group of current and new investors including prominent venture-capital firm Andreessen Horowitz, New York sports-media company MSG Networks Inc. and NBA stars Victor Oladipo, Carmelo Anthony and Baron Davis. Spark Capital General Partner Bijan Sabet led the funding round. Sabet’s previous early investments include Twitter, […]

Hela February 15, 2019

Reliance Home Finance, part of Reliance Capital, on Tuesday posted a 37.5 increase in net profit after tax at Rs 55 crore in three months ended December 31, 2018. In comparison, the company had reported a net profit after tax of Rs 40 crore in October-December quarter of 2017, Reliance Home Finance Ltd (RHFL) said […]

Hela February 15, 2019

The Rajya Sabha passed the Interim Budget and Finance Bill 2019-20 without a debate on February 13– the last day of the Budget session of Parliament. The Interim Budget, Appropriation Bills and Finance Bill were passed by a voice vote in the Upper House after a broad consensus was arrived among political parties to pass […]

Hela February 15, 2019

Shares of Repco Home Financedeclined 10 percent intraday Thursday despite company posted robust numbers for the quarter ended December 2018. The company has reported 31 percent jump in its Q3 net profit to Rs 55.64 crore versus Rs 42.42 crore in the same quarter last fiscal. Revenue jumped 11 percent to Rs 304 crore versus Rs […]