Disclaimer: This story is for informational purposes only and should not be taken as investment advice. You can earn a regular monthly income just by investing a substantial portion into mutual funds. However this may include the impending tax liability. In a mutual fund query, an investor wanted to know where they should invest to earn Rs 50,000 on a monthly …
Qualcomm chief executive Steve Mollenkopf on Thursday reaffirmed his opposition to a hostile takeover bid from computer chip rival Broadcom, saying the deal offers “no real path to value.” The comments came days after Singapore-based Broadcom escalated its efforts on a $130 billion bid by proposing a slate of directors to unseat the Qualcomm board of directors. Mollenkopf, speaking at an event hosted by The Economic …
Xiaomi India, popular for its smartphone brand, has plans to set up more plants and add capacity to manufacture phone and products in other categories. The company currently has three manufacturing plants – two for phones in Sri City, Andhra Pradesh and one for power banks in Noida, its Vice-President Manu Jain told reporters in Hyderabad. “We are definitely exploring. …
HIGHLIGHTS OnePlus 5 Oreo beta program starts this month OnePlus 5T starts next month Android 8.0 Oreo final build expected in “early 2018” OnePlus 5T was launched on Thursday at an event in New York and as expected brings upgrade to the original OnePlus 5 model launched a few months ago. One of the biggest disappointments, however, was that the new OnePlus 5T will …
Russian President Vladimir Putin has renewed his call for a political solution to the war in Syria, during a rare visit by the Syrian leader. Mr Putin told Bashar al-Assad the military campaign was “wrapping up”, but there was still “a long way to go”. A two-year Russian air campaign has given Syria a clear upper hand in the civil …
Waiting to explore the lush and wild world of Costa Rica? Here are a few things to keep in mind. One of the most ecologically rich destinations in the world, Costa Rica is a relatively small Central American country with an abundance of environmental attractions. The country’s imposing volcanoes, tropical forests, wildlife, botanical gardens, stunning river valleys, and hundreds of …
The Reserve Bank of India (RBI) committee looking into household finance has several fascinating takeaways into what impedes Indian families from saving, insuring, and investing better. Headed by Tarun Ramadorai, professor of Financial Economics at Imperial College London, the committee report says households can significantly augment their annual income if they had access to formal financial institutions and products, and …
This refers to a financial transaction wherein a company is acquired by another, predominantly through the use of debt. Leveraged buyouts, by allowing companies that lack sufficient investment capital to use borrowed capital to acquire other large businesses, are said to facilitate large financial transactions. Many leveraged buyouts, however, fail eventually when the cash earnings from the acquired business fail …
HIGHLIGHTS Apple supplier Wistron is reportedly looking to expand production Wistron executives are said to be looking for about 100 acres of land Wistron may use expanded facilities for other brands as well Apple’s primary iPhone assembler in India is scouting for about 100 acres of land in Bengaluru to expand its facilities for the world’s most valuable company, according to people familiar …
HIGHLIGHTS InFocus Snap 4 available at a reduced price It’s exclusively available on Amazon India The limited period discount ends on November 17 InFocus on Tuesday announced a limited period price cut on its Snap 4 smartphone in India. The InFocus Snap 4 will be available at a special price of Rs. 9,999 on Amazon India. The limited period Rs. 2,000 discount is applicable …