Educational technology company Byju's chief financial officer Ajay Goel has quit after completing the audit process for the financial year 2022 and will return to Vedanta, the company said in a statement. The edtech major has roped in industry veteran Pradip Kanakia as senior advisor, and president (finance) Nitin Golani has been given additional responsibility as India chief finance officer (CFO) to handle the finance function of the company.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'
A panel will examine the merits and demerits of various dates for the commencement of the financial year.
Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
It's tax returns season. Ask our tax experts Mihir Tanna, Hardik Parikh, Tejas Chokshi and Sanjeev Govila.
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
Morningstar India's investment conference from November 1-2, 2012 in Mumbai for retail investors, brokers, financial advisors.
Gold is an excellent asset class for diversification and should be included in all long-term portfolios.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
Sebi pointed out instances of misleading the investors by reporting incorrect data on investor complaints, instances of inappropriate utilisation of funds meant for investor education, such as spending on programmes meant for financial advisors, charging of expenses to the said funds for stationery items such as notebooks, planners and calendars, and charging of expenses without adequate records.
In an online chat with Get Ahead readers on August 26, Sanjay Tripathy, senior executive vice president, marketing, product, digital and e-commerce, HDFC Life, answered their queries on ULIPs.
Lump sum investments in equity and hybrid schemes of mutual funds (MFs) declined to Rs 17,900 crore in October - the lowest since January 2021. The fall in lump sum investments comes even as flows through systematic investment plans (SIPs) rose to a new all-time high of Rs 13,000 crore in October. The latest lump sum tally is just a third of the peak inflow of Rs 49,700 crore in July 2021.
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
The ministry of finance will kickstart its massive budgetary exercise from October 15.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
Capitals Chairman Parth Jindal said the BCCI should look at compensating the franchises.
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
States have been advised to appoint financial advisors or set up an empowered committee with financial experts to oversee major spending decisions.
Many financial planners, however, believe they're doing well if their clients' portfolios simply match market averages.
Investment guru Carl Delfeld on why he is optimistic about India.
While managing their finances, individuals can make it a rule to seek advice from an expert or feedback from a trusted colleague or friend.
Singapore-based fashion technology startup Zilingo on Friday said it has sacked Indian-origin co-founder and CEO Ankiti Bose following an independent forensic audit into complaints of serious financial irregularities. On March 31, Bose was placed under suspension following complaints of alleged discrepancies in the company accounts. "Following an investigation led by an independent forensics firm that was commissioned to look into complaints of serious financial irregularities, the company has decided to terminate Ankiti Bose's employment with cause, and reserves the right to pursue appropriate legal action," Zilingo said in a statement.
Even investors with sums as low as Rs 1,000 per month can start their investment journey.
Dwaipayan Bose examines the seven important factors that investors about exchange traded funds must know before they start investing/trading in them.
What you need to do in 2014. Starting today! Career coaches, financials gurus, fitness experts, health advisors weigh in.
Act on your good intentions now. You have nothing to lose and everything to gain.
One can't run away from death so this is the time that YOU must create your own death file. P V Subramanyam explains what you must know about this most essential financial tool.
Kumar is an IAS officer of 1989 batch of Haryana cadre.
Paytm plans to launch mutual funds, insurance and banking services and s also providing the option to transact offline with a physical debit card
Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
A new couple's financial situation changes from their bachelor days.
