Zomato files papers for ₹ 8,250-crore IPO

The online food delivery segment has seen significant growth in the last few years. Food delivery platform Zomato has filed preliminary papers with capital market regulator Securities and Exchange Board of India (Sebi) to raise ₹ 8,250 crore through an initial share-sale. The initial public offer (IPO) comprises fresh issue […]

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How to duck small savings rate cut

Senior citizens will still have a plethora of fixed-return choices S ometimes life gives you these little jolts that remind you to be better prepared for the future. The government’s flip-flop on small savings rates is one such episode. After announcing steep cuts of 40 to 110 basis points, it […]

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Cars, SUVs buck retail auto sales drop

Tractors also retain traction in March. Retail sales of passenger vehicles maintained growth in March with more than 2.79 lakh units sold, data released by the Federation of Automobile Dealers Associations (FADA) showed. The figure was not strictly comparable with the year-earlier period, when sales were halted by the nationwide […]

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A family that plans together stays together

Financial planning is not just about dry numbers, it is about human emotions “As a family, we decide jointly our financial goals and how to achieve them,” says Radhika Desai, a homemaker from Thane. “Ever since it has been made a family activity, everyone is enjoying. They feel committed and […]

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Give yourself guaranteed returns

Such products help you with protection, while aiding in wealth-building It was about this time last year when the Reserve Bank of India reduced the repo rate by 75 bps (basis points) to 4.4% – a historic low – in an attempt to mitigate the economic impact due to the […]

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