What Else

The Synopsis A quick primer on "term life insurance" before we get to the meat of the tale. Most people now conceive of these as financial products that also happen to provide insurance advantages, such as ULIPs and Endowment plans. They'll invest some money over the course of 5 or 10 years, and when the insurance matures, they'll receive the invested corpus back — along with some more cash. They'll also be expecting a substantial lump sum payment to their nominees if they pass away during this time. In conclusion, there is a prevalent misperception that all life insurance contracts have investing rewards in addition to life protection. Term insurance plans, on the other hand, do not function in this manner. There isn't much to invest in here. You pay your premiums over a 30- to 40-year period and will never receive a dime during that time. The only thing you may expect to see is life insurance, which means that if you die, heaven forbid, your dependents would...

One business in particular made a splash in what was the greatest week for Indian startups in almost a decade: Sigachi Industries. And in today's issue, we find out why investors are so enthusiastic about the firm. The Synopsis What is the purpose of Sigachi Industries? That was the major question last week, when PolicyBazaar and PayTM raised billions of dollars. Because Sigachi surpassed everyone on the block when it struck Dalal Street with a tremendous listing gain of 252.7 percent, while bringing home just $17 million during its IPO. To put it another way, if you had been assigned Sigachi shares during the IPO, your investment might have more than quadrupled. In fact, it closed the day 270 percent higher than the initial public offering price of Rs 163. It had the second-best initial public offering (IPO) debut ever. Isn't it incredible? However, we must once again face the elephant in the room. What exactly does the business do? In India, Sigachi is the major maker of MCC ...

This paint business, which was once a stock market favourite, hasn't had a fantastic year. While the Sensex has increased by more than 50%, Asian Paints has only increased by 30%. The Synopsis Asian Paints, the world's largest paint manufacturer, has raised prices by just 3% a year for the past 20 years. That's correct, despite the fact that we've had to cope with out-of-control inflation everywhere, paint costs have never been an issue. The corporation, on the other hand, has finally rolled up its sleeves and is getting down to work. Asian Paints, the industry leader, is raising prices by 7–10 percent starting November 12th. Yes, it's advising everyone to spruce up their homes before Diwali. But, you may wonder, why the abrupt change of heart. Of sure, earnings are important. Sales increased by 32% year over year, from Rs 5,350 crores to almost Rs 7,000 crores, according to the company's latest figures (July-September). However, its net income dropped by 28%, f...

Paytm is one of the most well-known brands in India, particularly in the post-demonetization period. In the years after demonetization, the payments platform has grown at a breakneck pace. And it's for this reason that the company's IPO, India's largest ever, had everyone's eyes fixed to the stock market. The IPO, however, made news not for the amount of money collected, but for the dramatic drop in share price during trading on the Bombay Stock Exchange (BSE) on November 18. The offer price was Rs 2,150, but the shares were trading at 1,614 rupees each by the afternoon. The stock even dropped below the lower circuit limit of 1,564 rupees. When a stock reaches this level, the BSE bans investor purchases to that level or above. What went wrong? In India's online payments business, Paytm is the big fish. SoftBank and Ant Group are among its supporters, as are other major corporations with huge wallets. In India, the third-largest economy in Asia and a major worldwide ...

After a stellar liquidity-driven run in Samvat 2077, experts are suggesting that investors should brace for a volatile phase for Indian equity markets in Samvat 2078. The market direction, they say, will be guided by a host of domestic and foreign factors that will keep the markets choppy. These include: Commodity prices and their impact on inflation and corporate earnings Policy stance of global central banks, especially the US Federal Reserve A fresh wave of Covid infections, if any Global developments like economic recovery and China factors IPO pipeline and liquidity with retail investors While rising input prices, especially those of crude oil and coal, have seen the markets trim gains in the past few weeks, analysts at Nomura have penciled in 0.6-0.7% rise in inflation over the next few months as a result of this. Sonal Varma, chief economist for India and Asia ex-Japan, Nomura, said: “We estimate the impact on headline inflation to be as much as around 1 percentage point over th...