Ashley Coutinho And Bindisha Sarang

Stories by Ashley Coutinho And Bindisha Sarang

Want best deals on cars this season?

Want best deals on cars this season?

Rediff.com   15 Nov 2021

A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.

Now invest in crypto like MFs

Now invest in crypto like MFs

Rediff.com   11 Nov 2021

'If you are ready to stomach the loss, you may invest 3-5 per cent of your portfolio in crypto assets.' 'Of this, 80-90 per cent should be in Bitcoin.'

When will stock exchanges start T+1 settlement cycle?

When will stock exchanges start T+1 settlement cycle?

Rediff.com   9 Nov 2021

India's stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. From March 2022, on the last Friday (or the immediate next trading day) of every month, the next 500 stocks from the bottom will be subject to T+1 settlement. The phase-wise implementation is expected to give all market participants, including foreign portfolio investors (FPIs), ample time to shift to the shorter cycle. The settlement cycle represents the time period within which the stock exchanges have to settle security transactions.

This festive season, Gift a financial instrument

This festive season, Gift a financial instrument

Rediff.com   1 Nov 2021

Be mindful that each instrument is governed by a different set of gifting rules and is also taxed differently.

How To PROTECT Cryptocurrencies From Hackers

How To PROTECT Cryptocurrencies From Hackers

Rediff.com   29 Oct 2021

Choosing the right wallet is crucial, alerts Bindisha Sarang.

Global funds urge Sebi to push T+1 deadline by 18 mths

Global funds urge Sebi to push T+1 deadline by 18 mths

Rediff.com   27 Oct 2021

A global association for regulated funds that is leading efforts to shorten the settlement cycle for US equities has reached out to the Securities and Exchange Board of India (Sebi) with a plea to extend the T+1 implementation timeline by 18 months. The short transition period of four months does not provide foreign portfolio investors (FPIs), their services providers, and broker dealers sufficient time to make the necessary operational and compliance changes to accommodate a shorter settlement cycle, ICI Global said in its letter addressed to Sebi chairman Ajay Tyagi written a few days back. ICI Global carries out the international work of the Investment Company Institute (ICI), a global association for regulated funds, whose members manage assets of more than $42 trillion.

PE-VC investments Surge To Record $49 Billion

PE-VC investments Surge To Record $49 Billion

Rediff.com   25 Oct 2021

IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.

Divestment push may boost PSU m-cap from all-time low currently

Divestment push may boost PSU m-cap from all-time low currently

Rediff.com   19 Oct 2021

The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.

This Festive Season Opt For DIGITAL Gold

This Festive Season Opt For DIGITAL Gold

Rediff.com   18 Oct 2021

'Investors with as little as Rs 1 can start investing in digital gold.'

How to Prevent Auto-Debit Failure

How to Prevent Auto-Debit Failure

Rediff.com   14 Oct 2021

If bank and service provider are not compliant, pay manually, or give standing instruction linked to bank a/c, suggests Bindisha Sarang.

Critical Illness plan is a MUST!

Critical Illness plan is a MUST!

Rediff.com   12 Oct 2021

Ensure that you get a high sum insured. Also, make sure the policy covers the cost of implants (pacemaker, stent, etc), and pre and post-hospitalisation expenses.

Why Young Investors Love Smallcases

Why Young Investors Love Smallcases

Rediff.com   27 Sep 2021

Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.

How to save yourself from financial frauds, online and offline

How to save yourself from financial frauds, online and offline

Rediff.com   20 Sep 2021

India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."

Explained: What tokenisation means and how it will affect card users

Explained: What tokenisation means and how it will affect card users

Rediff.com   17 Sep 2021

The Reserve Bank of India (RBI) recently said no entity in the card transaction or payment chain, apart from the card issuers and card networks, will be allowed to store sensitive user data from January 1, 2022. Instead, in transactions card data will be converted to tokens.

Investment bankers laugh all the way to the bank with Rs 1000 cr earnings in 2021

Investment bankers laugh all the way to the bank with Rs 1000 cr earnings in 2021

Rediff.com   11 Sep 2021

Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.

Sebi introduced an optional T+1 settlement cycle for markets

Sebi introduced an optional T+1 settlement cycle for markets

Rediff.com   8 Sep 2021

The Securities and Exchange Board of India (Sebi) has introduced an optional T+1 settlement cycle for the markets. T+1 means that settlements will have to be cleared within one day of the actual transactions taking place. The regulator has put the onus on the stock exchanges to decide whether they want to opt for the shorter settlement cycle for any of the listed scrips. This can be done after giving a one-month prior notice to all stakeholders.

Brokerages want Digital Workforce

Brokerages want Digital Workforce

Rediff.com   4 Sep 2021

'We need people who can position a product digitally and craft the journey for customers, by improving user interface and user experience.'

'RBI faces an uphill task this year'

'RBI faces an uphill task this year'

Rediff.com   3 Sep 2021

'It is going to be a tough balance for the RBI to manage economic stability and ensure smooth government borrowing.'

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

D-Mart owner Radhakishan Damani enters top 100 global billionaires' club

Rediff.com   19 Aug 2021

Radhakishan S Damani, investor and promoter of the D-Mart supermarket chain, has broken into the elite club of the top 100 global billionaires. Damani, who grew up in a single-room apartment in Mumbai, is now ranked 98th on the Bloomberg Billionaires Index with $19.2 billion as his net worth. The index is a daily ranking of the world's richest people. The other Indians on the top 100 rich list ahead of Damani are Mukesh Ambani, Gautam Adani, Azim Premji, Shiv Nadar, and Lakshmi Mittal.

Why are the Rich Leaving India?

Why are the Rich Leaving India?

Rediff.com   16 Aug 2021

'For HNIs, shifting economic activities outside India by creating regional hubs for businesses is a better option.'