430 new employees join TCS US as part of Transamerica deal 430 new employees join TCS US as part of Transamerica deal Gayathri Udyawar / Wednesday, May 23, 2018 0 2607 Article rating: 3.5 The new employees will be serving out of St. Petersburg, Florida and will help digitalise the US insurers Transamerica’s US insurance and annuity business operations. Read more
When to redeem your mutual fund investment When to redeem your mutual fund investment Nikhil Desai / Wednesday, May 23, 2018 0 1100 Article rating: 5.0 It takes a lot of analysis while making an investment decision. Ideally, even while exiting or redeeming an investment, an investor should thoroughly think and analysis why the scheme is underperforming. Moreover, investors should know when to redeem their investments. Read more
MF Update: NFOs open currently MF Update: NFOs open currently Nikhil Desai / Wednesday, May 23, 2018 0 1164 Article rating: 5.0 With the increasing awareness and increasing interest of the investors many of the mutual fund houses came up with the NFOs with different themes. Find the new fund offers currently open. Read more
Capital Trust reports subdued results due to higher provisions Capital Trust reports subdued results due to higher provisions Rohan Takalkar / Wednesday, May 23, 2018 0 1217 Article rating: 5.0 For the full year, the NII grew by 19 per cent yoy to Rs. 106 crore. The provisions also jumped to Rs. 48 crore in FY18 from Rs. 5 crore in FY17. The AUM grew by 43 per cent yoy to Rs. 795 crore. Read more
Motherson Sumi witnesses margin contraction in Q4FY18 Motherson Sumi witnesses margin contraction in Q4FY18 Rohan Takalkar / Wednesday, May 23, 2018 0 1530 Article rating: 5.0 Total revenue for the quarter rose by 34 per cent yoy to Rs. 15,407 crore in Q4FY18 vs Rs. 11,473 crore in Q4FY18. Also, for the full year revenue grew by 31 per cent yoy to Rs. 56,521 crore in FY18 vs Rs .43,157 crore in FY17. Read more