Tag: lakh
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Investors take the FoF route to gain overseas equity exposure
ET Intelligence Group: Fund of funds (FoF) that invest overseas are gaining popularity among domestic investors, depicts the trend in their assets under management (AUM) and folio additions. Their AUM has grown by nearly 10 times over the past two years to Rs 21,126 crore at the end of September 2021 according to the data…
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India-US investment: Howdy, Biden, it’s India here
Narendra Modi and Joe Biden met yesterday. The Covid-wracked world has brought enormous new challenges to both India and the US, bringing home a stark realisation of why staying together on multiple issues is essential for the prosperity of both countries. What are some of the low-hanging fruits with respect to investments and related areas?First,…
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What do commercial space missions mean for India?
Good morning! Spacetech has become a buzzword in the Indian startup ecosystem since last year. New spacetech reforms, including private players, have boosted the opportunity for commercial space missions. Several space-tech startups are building their own satellites and launch vehicles to contribute to India’s commercial space missions. For example, the deployment of small satellites can…
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New Mercedes GLA & AMG GLA Launched in India
German luxury car marque, Mercedes-Benz has established the new GLA and its own performance-oriented variant AMG GLA from the Indian market. The new Mercedes-Benz GLA version line-up consists of three variations – 200 Progressive Line, 220d Progressive Line and 220d 4Matic AMG Line. All three trims of SUV have high speed at Rs 42.10 lakh,…
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₹6 lakh cr loss in April😱,Zomato to invest in Grofers🔥,Reliance Retail,Uber,Sensex,Groww,Indiabulls
₹6 lakh cr loss in April,Zomato to invest in Grofers,Reliance Retail,Uber,Sensex,Groww,Indiabulls,Ethereum to hit $10000 by 2021-end 00:00 India’s exports rise 80% to $7 billion in first week of May 00:13 Mark Zuckerberg says he owns a pet goat named ‘Bitcoin’; shares pic 00:28 Jeff Bezos buying $500M superyacht that has its own support yacht: Report…
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Tesla Model 3, Model S prices cut in US amid coronavirus
With the auto sector battling to market demand from buyers, Tesla is. The company is now supplying Model 3, Model S and Model X among others by up to $5000 (Rs 3.75 lakh approx). While Tesla hasn’t granted any official reason behind its price revisions, reports indicate the provider feels that lowered costs of its…