Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.
While investments are typically reviewed annually, risk cover is often left unchanged for years.
Bharti Enterprises on Tuesday said it expected to start its life insurance venture with French major Axa by June end.
Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.
Corporates are foraying into portfolio management services, with biggies like Reliance Money, Bharti Axa, Tata Capital and others taking the plunge.
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
The deal did not include the FT Group's 50 per cent stake in The Economist magazine.
Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore
Reliance Industries Ltd buys Bharti stake in Axa joint ventures.
The company received a fresh equity infusion in 2012-13.
When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC's m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. LIC also lags behind its Indian listed peers in terms of profit and networth.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'I started reading your MF articles regularly so requesting your guidance as I would like to start investing in MFs'.
Volkswagen's emissions scandal is fueling investor fears about the environment.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Some insurance companies offer zone-based pricing.
Bharti will move FIPB soon for increasing Axa's stake to 49%
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The highest domestic package, however, fell 10 per cent
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
The industry's reactions to the Budget have been mixed.
