Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
Abu Dhabi-based Lulu Retail, a well-known name in the hypermarket and grocery retail industry, is preparing to debut on the stock market with an IPO valued at approximately Rs 12,000 crore ($1.43 billion). The company, led by NRI businessman M.A. Yusuf Ali, aims to use the IPO proceeds to accelerate its expansion strategy across the Gulf region. This move to go public is a significant step for Lulu Retail, which has become a dominant player in Middle Eastern retail and operates one of the largest hypermarket chains in the Gulf. The IPO shares will be listed on the Abu Dhabi…
On 29 October 2024, Motilal Oswal Asset Management Company (AMC) is set to launch four new sectoral index funds under a New Fund Offer (NFO). These funds cover the banking, healthcare, IT and telecom, and consumption sectors, giving investors fresh opportunities to diversify their portfolios. This NFO is open for public subscription from 29 October to 6 November 2024, with a minimum investment starting at just Rs 500. Key Features of Motilal Oswal’s NFOs Each of these new funds offers direct and regular plans, with a subscription price of Rs 10 per unit. Investors in NFOs can buy units at…
For investors looking to grow capital in the long run, HDFC Mid-Cap Opportunities Fund offers a proven track record and a focus on high-potential mid-cap stocks. It’s an ideal choice for those willing to handle moderate-to-high risk levels in exchange for robust returns. Launched in 2007, this open-ended equity fund has delivered remarkable results over various time frames, doubling investors’ money in recent years and showing a steady growth path over the last decade. With an Asset Under Management (AUM) of ₹73,572.56 crore as of October 2024, this fund currently stands as the largest mid-cap fund in India, focusing on…
Recently, the Taj Hotel in Lucknow faced a bomb threat via email, marking another alarming incident in the history of this celebrated hotel chain. While many associate terrorist threats with the 2008 attacks on the Taj Mahal Palace in Mumbai, this time, it was the Hazratganj area’s Taj Hotel in Lucknow that was targeted. Security agencies acted swiftly, underscoring the need for continued vigilance at one of India’s most iconic hotel chains. As we revisit Taj Hotel’s remarkable resilience, we explore its fascinating origin story and its enduring cultural significance in India. The Beginning of an Icon: A Dream of…
In the week leading up to Diwali, India’s stock market has made an impressive comeback, rewarding investors after five days of downturn. On October 28, Sensex surged by nearly 1,000 points, while Nifty saw a significant increase, surpassing the 24,400 mark. Both indices rose sharply, with gains across sectors including finance, real estate, and oil and gas. Midcap and smallcap stocks joined in, signaling a market-wide recovery. Here’s a look at the six major reasons behind this rally: 1. Investors “Buying the Dip” Amid Market Pullback After a steady decline, many investors saw an opportunity in the dip, especially within…
India is set to witness an influx of Swiss investments worth $100 billion over the next 15 years, creating around 10 lakh job opportunities across various sectors. Major Swiss companies like ABB and Kuehne+Nagel are gearing up to expand operations in India, capitalizing on the growing market and favorable economic conditions. This significant move is expected to not only boost India’s economy but also strengthen the relationship between India and the European Free Trade Association (EFTA), of which Switzerland is a leading member. Driving Forces Behind Swiss Investments The growing interest of Swiss companies in India is due to multiple…
As Diwali approaches, silver is taking center stage as the investment choice for those looking to maximize returns. In 2024, silver has outpaced other asset classes with impressive returns, recently crossing the Rs 1 lakh per kilogram mark, while experts predict it may reach Rs 1.25 lakh per kg by next Diwali. Let’s dive into why silver is predicted to perform better than gold in the coming year, and what factors are likely to influence these metal prices. Silver’s 2024 Surge: Why Has it Outperformed Gold? Silver’s remarkable growth in 2024 has been striking, with a nearly 40% return for…
Business cycle mutual funds are gaining popularity among investors for their ability to perform well across different phases of the economy. These funds strategically allocate investments based on current economic conditions, targeting sectors expected to thrive during specific cycles. Whether it’s a recession, recovery, or mid-cycle growth, business cycle funds aim to maximize returns by adjusting their sector exposure accordingly. With their flexibility and smart management, these funds have delivered impressive returns, with some outperforming even the broader indices like the Nifty 500. Outstanding Performance by Top Funds Over the last year, HSBC Business Cycle Fund, Mahindra Manulife Business Cycle…
The stock market is currently going through a sharp correction, leaving investors uncertain. Major indices like Nifty, Sensex, and Bank Nifty have seen a significant dip over the last week. Midcap and Smallcap stocks have suffered the most, raising concerns among retail investors. In sector-wise performance, PSE, Media, Metal, Realty, and Oil & Gas stocks have taken the biggest hit, reflecting the broad-based impact of this correction. Several individual stocks, including RVNL, Suzlon, and JSW Infra, dropped by nearly 20%, deepening investor concerns. What’s Driving the Market Down? The ongoing market correction can be traced to several key factors: Expert…
As Diwali brings light into homes, the stock market can bring growth to your investments. Just as a diya removes darkness, equity lights the way to wealth creation with long-term growth. Though stock markets come with risks due to fluctuations, they are known for delivering high returns over time. Historical trends show that equity remains one of the top-performing asset classes, making it essential for investors aiming for future prosperity. Including equity in your portfolio is like placing a diya at the center of your Diwali celebration—it offers hope, guidance, and growth potential. While the market may experience ups and…