the great e-commerce sale: are there better options?

The Big Billion Day – 2018! (but what could be a better option?)

by Nyrika Roy • October 10, 2018

You must be excited about the big billion sale which has kickstarted from today. Well, so was I. But is it actually worth it? I don’t think so! I agree Flipkart’s Big Billion Day Sale and Amazon’s, Great Indian Festival, has caught the attention of the masses and these companies are selling products at a comparatively lower […]

SEBI cuts down expense ratio of fund houses

SEBI cuts down the expense ratio of fund houses: how will this help you?

by Groww • September 21, 2018

Tuesday, September 18, 2018, shall be marked as Diwali. Well, this is not the Diwali you are thinking of, this is the festival, particularly for the investing community. The market regulator came up with a circular that has instructed the Asset Management Companies (AMCs) to reduce their expense ratios. What has happened? Securities and Exchange […]

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L&T Mutual Fund resumes transactions in emerging businesses scheme once again

by Groww • August 29, 2018

In November 2017, L&T mutual fund stopped transactions in the L&T Emerging Businesses Fund scheme for any amount which was above 2,00,000 (each installment). This included new switch-ins, systematic investment plans (SIP) and transfer plans. L&T Mutual Fund recently announced that they will start accepting fresh subscriptions from 3rd September for the same scheme. The […]

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Facebook Loses $120 Billion after Disastrous Q2 Performance, Sensex Further Up by 126p: 26th July, 2018

by Groww • July 26, 2018

Headlines of the Day Facebook loses $120 billion in market cap after awful Q2 earnings. Facebook’s share price fell over 20 percent in after-hours trading today after the company announced its slowest-ever user growth rate and a scary warning that its revenue growth would rapidly decelerate. Chinese investment in India’s financial technology space becomes a  […]

BHEL Q1 Profit Increases by 1.55 Billion Rupees, Vodafone’s Revenue Down by 31% YoY: 25th July, 2018

by Groww • July 25, 2018

Headlines of the Day Real estate sales reach record high since demonetization in Jan-June report- 2018 BHEL Q1 profit up by Rs.1.55 Billion Rupees. The Chairman of the company, Atul Sobti enforces sensible strategies. The company want to engineer strategies, with respect to the order book The export sector is expected to touch $350 Billion […]

Sensex Hits All-Time High, India Extends Line of Credit By 200 Million: 24th July, 2018

by Groww • July 24, 2018

Headlines of the Day Micro-finance is building a smoother path to entrepreneurship for Indian women. In India, today, more and more women from the grassroots level onwards are beginning to gain financial independence, earning a livelihood to support their family and themselves, over and above managing their respective households. This Bank Pays 6% Interest Rate […]

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Sensex, Nifty Hit Record High, Havells Share Increases by 10% After Q1 Performance: 23rd July, 2018

by Groww • July 23, 2018

Headlines of the Day Sensex and Nifty hit record high. Sensex lands at 36,718.60, Nifty at 11,084.75 p. Market  is estimated to touch an all-time high, in the election year; Havells shares increase by 10%, after incredible Q1 performance; Maruti Suzuki crosses the 20 million production landmark. The twentieth millionth car was a  Maruti Suzuki Vitara Brezza AMT. […]

Tribunal Rules in Favour of SpiceJet in Rs.1323-Crore Spat

by Sugam Singla • July 23, 2018

What is the first thing that comes to your mind when I say SpiceJet? To sum it up in a tagline, it would be, Fly cheap, fly SpiceJet. Lately, there has been controversy surrounding Spice Jet. An arbitration tribunal has rejected the Rs 1323-crore damage claim from SpiceJet Ltd. It has also denied a bid by Kalanithi Maran […]

Microsoft’s Revenue Surpasses $100 Billion, Bajaj Auto Shares Decrease by 8%: 20th July, 2018

by Groww • July 20, 2018

Headlines of the Day Sectoral indices like IT, pharma, infrastructure, banking and energy did well at the market. The metal and automobile sector pulls a no-show Microsoft’s revenue surpasses $100 Billion for the first time. It has been reported that Microsoft’s net income increased by 10% on revenue. Microsoft CEO Satya Nadella says the company […]

Biggest Mobile-Phone Plant Overshadows ‘Make in India’ Failure

by Sugam Singla • July 19, 2018

After a great marketing campaign by the PM of India, Narendra Modi, the ‘Make in India’ initiative just isn’t ready for the world. World’s Largest Mobile Phone Plant Last week, PM Narendra Modi and South Korean President Moon Jae-In celebrated the inauguration of Samsung’s largest mobile phone factory. During the event, Modi said the facility […]

India to Remain Fastest Growing Economy Till 2020, Vodafone Challenges Government’s Demand to Pay Rs.3900 Crores: 19th July, 2018

by Groww • July 19, 2018

Headlines of the Day According to the Asian Development Bank, India will remain the fastest growing economy till 2019-2020. The growth is primarily initiated by increased public spending and an increase in private investment. Vodafone challenges government’s demand of paying 3900 crores as fee towards non-auctioned spectrum. This demand was made with respect to the […]

India’s Growth Remains Quite Robust into Future- IMF

by Sugam Singla • July 18, 2018

The IMF, (International Monetary Fund) has said that India’s growth will remain robust in the future. Although, the IMF has downgraded the country’s growth projections for 2018-19, due to high oil prices and a tight monetary policy regime. This definitely helps in building trust among foreign investors and thus, helps in making Indian economy far […]

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Reliance to Raise $5.8 Billion Through Loans and Bonds, UltraTech Cement Q1 Profit Decreases by 33% :18th July, 2018

by Groww • July 18, 2018

Headlines of the Day Fidelity Management & Research, Goldman Sacs, Axis Mutual Fund and ICICI Prudential among anchor investor for TCNS Clothing Company which has raised 337 crores for IPO UltraTech Cement Q1 profit decreases by 33% to Rs. 598 Crores. The board also approves demerger of Century Cement. Punjab National Bank, Indian Overseas Bank, […]

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Jeff Bezos Trumps Bill Gates to Become World’s Richest Man, Amazon Invests 230 Crores in Amazon Pay :17th July, 2018

by Groww • July 17, 2018

Headlines of the Day Jeff Bezos, Founder and CEO of Amazon, overtakes Bill Gates to  become the richest man in the world Amazon invests 230 crores in Amazon pay to compete with Paytm and Flipkart’s PhonePe PSU Bank stocks increase. SBI shares go up by 3%, leading the trend. Post Q1 results, federal bank stocks […]

China’s Slowing Economy Spells Trouble for Global Growth

by Sugam Singla • July 17, 2018

Amidst an escalating trade war, China’s economy is cooling down which is sending jitters across global markets and making the them more volatile. The Slow Down With an ongoing campaign to reduce credit, the growth of the world’s second-largest economy has slowed down quite a bit. The Chinese economy grew at an expected rate of […]

Mukesh Ambani Topples Jack Ma to Become Richest Man in Asia

by Sugam Singla • July 16, 2018

Mukesh Ambani, MD of Reliance Industries, overtook Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries Ltd. to conquer the e-commerce space in India. $44.3 Billion Dollar Worth The chairman of India’s largest conglomerate has made major contributions in the telecom and refining sector and is estimated to be […]

LIC Gets Approval to Buy Majority Stake in IDBI Bank, Flipkart Opposes Google’s Proposition to Invest in Them: 16th July, 2018

by Groww • July 16, 2018

Headlines of the Day LIC gets approval to buy majority stake in IDBI Bank. They can now raise their stake to 51% via preferential shares. Petrol and diesel prices decrease after 10 days- stated in the Indian Oil Corporation’s Website PC Jeweller stocks decrease by 25% due to the withdrawal of buyback plan Pharmaceutical and Real […]

Why Is the Infrastructure Sector Performing Poorly?

by Sugam Singla • July 14, 2018

Due to the concern of project financing and macro risks involved in an election year, infrastructure shares have performed dismally this year. The Impact The stocks of companies, including Dilip Buildcon Ltd., KNR Constructions Ltd. are down to 20-40 percent in 2018. This contrasts to nearly 5% gain in benchmark Nifty 50. Reasons Behind This Movement: […]

Mukesh Ambani becomes Richest Man in Asia After Reliance Joins the 100 Billion Club, Infosys Gains 8000 Crores in the Stock Market: 13th July, 2018

by Groww • July 13, 2018

Headlines of the Day Mukesh Ambani becomes the richest man in Asia after Reliance joins TCS in the 100 billion dollar club Infosys gains Rs.8000 crores in the stock market. Its shares rally 3% ahead of Q1 FY19 results. Reliance’s market capitalization reaches a record-breaking 7-trillion Rupees. Its shares are up by Rs. 1,107( 2.5%) […]

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Nifty Jumps 1000 Points, Sensex at an All Time High

by Sugam Singla • July 12, 2018

It’s a great day for Indian investors as Nifty  reclaimed 11000 points and Sensex touched an all-time high. Nifty 50 has gained more than 1000 points which cumulated over 76 sessions to chart this journey. Reasons “The market rallied on the back of short-covering (buying in of stocks against short selling) and buying in selective stocks, […]