Rupee appreciates 28 paise to 79.25 against US dollar in early trade The rupee appreciated 28 paise to 79.25 against the US dollar in opening trade on Tuesday, tracking the dollar’s decline versus its major peers and foreign fund inflows. At the interbank foreign exchange, the domestic unit opened at 79.30 against the dollar, then touched 79.25 ...

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Exide Industries Stocks: Exide Industries has strong growth prospects: Why it is this week’s stock pick [ad_1] Helped by an improved performance of the auto and industrial segments, storage battery manufacturer Exide Industries reported strong revenue growth of 57% y-o-y in the first quarter of 2022-23. The performance of the automobiles batteries segment was driven by replacement demand and improved ...

KKR seeks advisers to sell stake in Avendus Capital, says report KKR & Co. is in talks with advisers to sell its stake in Avendus Capital Ltd., valuing the financial services provider at more than $500 million, people familiar with the matter said. The private equity titan is close to appointing two banks to manage the formal ...

Mutual Fund Scheme: How to select the right target maturity mutual fund scheme [ad_1] With investors taking favourably to initial offerings of passively managed target maturity bond funds, AMCs are clamouring to get a slice of the pie. Nearly every big AMC is launching TMFs spanning maturities and instruments. With the variety on offer, what type of TMF should you ...

Data monetisation should have consumer consent: RBI deputy governor Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Monday said customer data should be monetised in a responsible manner with some level of customer consent. “At a recent conference, many corporates discussed with me how they can access UPI (Unified Payments Interface) data because that ...

Holidaying in Andhra Pradesh: What are the tourist attractions, costs involved [ad_1] If, instead of foreign holidays, you prefer to travel within India, go through this new series which explores each of the 28 states and 8 Union Territories, highlighting tourist attractions and the costs involved. Take your pick as ET Wealth unravels each state in alphabetical order, starting with ...

Ujjivan SFB launches QIP at floor price of Rs 21.93 ahead of merger Ujjivan Small Finance Bank (SFB) on Monday launched its QIP (Qualified Institutional Placement) with a floor price of Rs 21.93 per share to meet the regulatory requirement ahead of merger with its parent company. In February this year, the lender had informed raising of ...

Retirement Goals: Family finance: Singh can easily achieve his post-retirement goals, create wealth [ad_1] R. Singh has retired at 60 and lives with his 56-year-old wife in Delhi. Besides his self-occupied house, Singh has two other properties, with a combined value of Rs.5.5 crore. His total income from rent and other sources is Rs 1.25 lakh a month. Besides real ...

Central Bank withdraws IBC case as Aban Offshore pays one-time settlement Central Bank of India has withdrawn insolvency case against Chennai-based Aban Offshore Ltd after the troubled oil rig paid dues under One-time settlement. The company has been in talks with lenders for a debt resolution plan. The company, which provides offshore drilling services for exploration and ...