New Delhi: Infosys on January 13 posted a 16.6% rise in consolidated net profit at Rs 5,197 crore for the December 2020 quarter, and increased its revenue growth guidance for FY21 to 4.5-5% on the back of large project wins and strong deal pipeline. The Bengaluru-based company had registered a net profit (after minority interest) […]
Simple money-saving ideas can help you build a corpus for your loved ones. Money9 gives you 9 easy hacks to save money from your monthly expenses that you can invest for your family’s future. No, you are not Akash Ambani or Shloka Mehta. That’s why you are reading this. If you have recently been blessed […]
The sharp recovery on Dalal Street from March lows helped portfolio managers to deliver a healthy return to their high net worth investors (HNI) last year with some of them delivering as high as 62% return. Overall, the year gone by stood highly tumultuous for equity investors. Where Covid-19 hit the financial markets during the […]
Investment in mutual funds through systematic investment plans (SIP) crossed Rs 8,000 crore in December for the first time since May 2020. The number of SIP folios also increased by 6.46 lakh on month-on-month (mom) basis to 3.47 crore. The assets under management (AUM) through SIPs grew by Rs 19,814 crore to Rs 3.98 lakh […]
After an incredibly tough year, there are high expectations from this year’s Union Budget. Measures that will put more disposable income in the hands of the common man and boost economic sentiment would be most welcome. I would like to see a new section being created in the Income Tax Act to provide enhanced, comprehensive […]
With multiple options, comes multiple dilemmas! All of us, at some point, are asked to choose the most profitable mode of online payment to maximize earnings. A debate between which is better: Credit card or UPI has come with multiple arguments and justifications to lure the customers. UPI-linked applications like Google Pay, PhonePe, BHIM, etc. […]
How safe are bitcoins. Here's a look
Time in the equity market is important than timing the market. Historical data also support the old saying. The benchmark BSE Sensex has advanced over 800% since the beginning of 2000 with Bajaj Finance rallying more than 1,00,000%. Titan Company, Kotak Mahindra Bank, Asian Paints and Axis Bank also soared over 10,000% during the same […]
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