Author: TI Editor

Bank fixed deposits have been the most popular place in India for decades to invest short-term funds, but liquid funds are now emerging as one of the top substitutes.To make effective investment decisions, it is important to know the manner in which liquid funds will prove to be more advantageous for investors than bank deposits. Even as FDs guarantee return certainty, liquid funds can still provide higher liquidity, and in certain cases, tax efficiency too. Read on to know more:Understanding the basics of liquid fundsFirst, let us know what liquid funds are. They are a mutual fund investing predominantly in…

Did you apply for a credit card and it was declined because of a poor credit score? Else, you want to apply for a personal loan and realised that your credit score is too poor to make the cut.If that is the case, be aware that you are not alone. There are a large number of users who face this problem of either poor credit score or a bad credit score.There could be multiple reasons for this. Here we list out the key reasons for this.I. Lack of financial literacy: Many people are unaware of how credit scores work, how…

Those who like to claim discounts and offers given on credit cards are always curious to know which offers will last for how long. Here we list out the offers given on BOBCARD ranging from discounts or cashbacks on movie ticket bookings to online shopping and flight bookings, from food aggregator app to the travel booking.Let us find more on the discount offers that will be valid till the end of this month.BOBCARD: 10 discount offers available till March 311. There is a discount of ₹1,200 on international flight on Adani One. This is valid every Monday and Tuesday.2. Flat ₹2000 discount on…

Before you subscribe to a credit card, it is vital to understand its key features. Some cards are considered good for shoppers, while others could be ideal for movie goers. There are some credit cards that align with the needs of travellers while some cater to those who prefer to go to fine dining restaurants often.Therefore, before subscribing to a credit card, it is important to understand its key features. Here we list out some of the top five lifestyle cards offered by top banks including HDFC Bank, Kotak Mahindra Bank and Axis Bank.5 famous lifestyle credit cardsI. HDFC Bank Millennia Credit Card: This credit card offers 5…

MUMBAI : The global tariff war will likely impact merger and acquisition (M&A) activity adversely, said Akeel Sachak, partner and global head of consumer at Rothschild & Co., adding that US President Donald Trump’s aggressive stance on tariffs has sparked a broader concern among economies, and it is already reflecting in the way markets have moved.  “Most certainly, I expect the Trump effect to adversely impact M&A as it has made it very difficult for companies to read what the economic prospects might hold and how their own businesses will be affected by the range of different tariff war possibilities…

New Delhi: With conflicts in West Asia showing signs of subsiding, union heavy industries Minister H D Kumaraswamy said state-run Bharat Heavy Electricals Ltd (BHEL) is keen to work in the region once the situation is back to normal. BHEL is closely monitoring crises in the region, including the regime change in Syria and the Israel-Hamas ceasefire, the minister added.“[The company] will be keen to address suitable opportunities in the region once the situation normalises. We are presently actively engaged with prospective customers in Iraq and Israel,” Kumaraswamy said in an exclusive email interview with Mint.While the minister did not…

The companies appeal court on Monday upheld the delisting of ICICI Securities Ltd from the stock exchanges, rejecting challenges by shareholders Quantum Mutual Fund and an individual investor.“All appeals dismissed,” remarked the Delhi bench of the National Company Law Appellate Tribunal (NCLAT) while pronouncing its judgment.Quantum Mutual Fund had approached NCLAT in September to oppose ICICI Securities’ delisting, citing concerns over its impact on minority shareholders. Earlier, the Ahmedabad bench of the National Company Law Tribunal (NCLT) had approved the delisting, dismissing the fund’s objections.ICICI Securities in June 2023 announced its plan to delist and merge with its parent company,…

Ola Electric Mobility Ltd.’s rapid expansion into brick-and-mortar showrooms is running into regulatory trouble.The Bengaluru-based electric scooter maker, once a champion of the digital-only sales model, recently scaled up to 4,000 physical locations since 2022. A Bloomberg News investigation has found that out of roughly 3,400 showrooms for which data is available, a little over 100 locations had trade certificates required under India’s Motor Vehicles Act.That means more than 95% of the stores on which Bloomberg News saw the data, lacked basic certification needed to display, sell, offer test rides on or transport unregistered two-wheelers.In response to customer complaints, transport…

(Reuters) -Shares of IndusInd Bank fell nearly 6% on Monday to their lowest level since July 2022, after the country’s central bank approved a shorter extension to its CEO’s tenure, raising concerns around leadership transition and business uncertainty. The stock was down 3.3% at 905.85 rupees as of 11:01 a.m. IST, the biggest percentage loser on the blue-chip Nifty 50 index, which rose 0.3%. IndusInd Bank said on Friday it received approval from the Reserve Bank of India to reappoint Sumant Kathpalia as its CEO for a one year, shorter than the board-approved and the central bank’s typical three-year extension. “Although…

NICOSIA, Cyprus (AP) — Praised by the ancient Greek giants Homer and Euripides for its superb quality nearly 3,000 years ago, Cyprus’ Commandaria is the world’s oldest recorded and named wine. Despite its rich heritage, the sweet wine has struggled to find its niche in the global market. Now a number of micro-wineries in this east Mediterranean island nation are reviving traditional wine-making techniques and giving Commandaria a chance at a long-awaited comeback. Makers hope to tap rich legends around the ruby red wine. It’s said to have won the world’s first known wine competition during the 13th century rule…