TOP NEWS - MONEY
REITs allow investors to participate in the real estate market without direct ownership, offering returns through dividends and potential capital appreciation. Investing in REITs through a demat account involves choosing a broker offering access to REIT investments, researching suitable REITs.
Setting up trusts, HUFs, and gifting are some of the ways to effectively plan succession.
Building a strong credit history is a gradual process. Obtaining a personal loan can be challenging under these circumstances, emphasising the importance of enhancing your credit score over time to bolster your prospects in the future.
This sales pitch primarily targets whole-life insurance plans, where death benefits extend for the policyholder's lifetime up to 100 years.
Avoiding specific errors ensures that a personal loan remains a beneficial financial resource rather than becoming a burden.
TOP NEWS - MARKETS
Hindustan Petroleum Q4 results: Board to consider bonus equity share on May 9 along with earnings
Business activity in India’s services sector softened in April but remained near its highest level in just under 14 years. However, some signs of weakness are emerging amid concerns that interest rates will stay higher for longer.
ABS Marine Services IPO aims to raise over ₹96.29 crore via fresh issuance of 65.5 lakh shares.
Top Gainers and Losers Today : The Sensex gained 17.39 points, or 0.02, to settle at 73878.15, while the Nifty lost 33.15 points, or -0.15, to close at 22475.85.
Slone Infosystems IPO subscription period started on May 3 with a price band of ₹79 per share and lot size of 1,600 shares. The company provides IT hardware solutions and services in India, with profit increasing by 94.88% despite a 15.73% revenue growth. Slone Infosystems IPO GMP is +70.
TOP NEWS - COMPANIES
Jack Dorsey has left the board of social networking service Bluesky, which he helped fund and popularize a year ago in the wake of regret over the sale of Twitter to Elon Musk.
While the Linde India stock has given handsome returns over the past two months on potential business from supplies to semiconductor manufacturers, it remains unclear if the listed company will benefit from this opportunity
KKR will acquire a controlling interest in Healthium group from UK-based Apax Partners
The Tesla chief executive chose China because its market is bigger. But competition is intense even there. Cheaper cars might hold the key.
Padala Subbi Reddy, the outgoing chief executive of India's largest commodities derivatives exchange, recalls a rather turbulent phase for the bourse as it scrambled to transition its technology vendor amid the pandemic lockdowns
TOP NEWS - OPINION
Deploying AI against climate change can make our cities safer, more adaptable and more sustainable. The unequal distribution of climate-driven threats warrants equal opportunities for all of us to upskill and adapt.
Amazing but slavish creative tools can’t really rival human minds. Companies need creative thinkers who will challenge their ideas, and they won’t get that from AI bots.
From having motivated teams and unbiased advisors to ‘good bureaucracy’ and governance, startups must focus on relevant metrics to measure their growth. They can draw vital lessons from the longevity of large firms.
There’s a reason this classic rock anthem by The Who resonates down the decades. As in America, our campuses should also become the crucibles where human capital is forged.
India’s efforts at reining in crypto haven’t yielded results, clearly, and the path ahead is riddled with cryptic clues. Whither, crypto regulation?